H.R. 4524: Retirement Plan Simplification and Enhancement Act of 2017

115th Congress · introduced 2017-12-01 · Labor and Employment · Latest: Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Follow this bill, step by step

Where it came from: introduced 2017-12-01 · official record
Who proposed it: Rep. Neal, Richard E. [D-MA-1] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Retirement Plan Simplification and Enhancement Act of 2017

Plain summary

Retirement Plan Simplification and Enhancement Act of 2017 This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to modify requirements and tax provisions regarding retirement plans. With respect to employer-provided retirement plans, the bill modifies requirements regarding: automatic enrollment; coverage rules for long-term, part-time workers; employer contributions; the timing for adopting a qualified retirement plan; correcting errors; financial incentives for contributing to a plan; the portability of lifetime income and managed account investment options; distribution options; notices and disclosures to participants; interest rates for defined benefit plans; and due dates for employer pension contributions. The bill also: repeals the maximum age for traditional Individual Retirement Account (IRA) contributions, modifies the rollover options that are available to nonspouse beneficiaries, increases the age at which participants are required to begin taking distributions, exempts participants with retirement plan balances that do not exceed $250,000 from the required minimum distribution rules, expands tax credits for small employers that adopt certain retirement plans, makes the saver's tax credit available on Form 1040-EZ, modifies the required minimum distribution requirements for life annuities, modifies the requirements for qualifying longevity annuity contracts, modifies the rules for fiduciaries who make economically targeted investments, and establishes an Office of the Participant and Plan Sponsor Advocate within the Internal Revenue Service.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

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What does this mean? (plain words)

Official text

Retirement Plan Simplification and Enhancement Act of 2017

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Neal, Richard E. [D-MA-1] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Rep. Neal, Richard E. [D-MA-1] reported raising $3.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr4524.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>

Record fed-us-cong115-hr4524 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115