Multiemployer Plan Relief Act

This bill changes federal tax law on retirement plans that must automatically enroll workers. Current law already exempts government plans and church plans from the automatic enrollment requirements. The bill would add multiemployer plans, which are retirement plans run jointly by more than one employer (often through a union agreement), to that list of exempt plans. The change would apply to tax years beginning after December 31, 2024.

Full text and official record on Congress.gov

Sponsors

• Amy Klobuchar Democrat sponsor
• 1 cosponsors