An Act expanding access to retirement savings
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill, S.1879, aims to increase access to retirement savings options for Massachusetts residents. It seeks to broaden the availability of retirement plans and potentially simplify the process of saving for retirement. The legislation is part of a series of efforts to improve retirement security within the state. It was referred to the Public Service committee and subsequently concurred by the House.
Key provisions
- Expands access to retirement savings plans.
- Potentially simplifies the process of enrolling in retirement plans.
- Addresses retirement savings security within Massachusetts.
- Related to existing legislation such as H.2825 and H.1226.
Who is affected
- Massachusetts residents
- Workers without access to employer-sponsored retirement plans
- Individuals seeking to improve their retirement savings
Notable changes
- The bill is part of a series of similar proposals aimed at improving retirement security.
- It is linked to other legislation, including Secure Choice plans.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Arguments
Reasons offered for and against this legislation.
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