HR6685119th CongressWALLET

To amend the Internal Revenue Code of 1986 to establish an exception for multiemployer plan participants to the requirements for automatic enrollment.

Sponsored By: Representative Finstad, Brad [R-MN-1]

Introduced

Summary

Extends automatic enrollment rules to multiemployer pension plans. This bill would change the Internal Revenue Code so multiemployer plans are treated like church plans under the automatic enrollment rules.

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Workers in multiemployer plans not auto-enrolled

This bill would let multiemployer retirement plans be added to the exception from automatic enrollment rules. If enacted, the change would amend the tax code text to name multiemployer plans alongside church plans. The rule would apply to taxable years beginning after December 31, 2024. If your job is in a multiemployer plan, you might not be automatically signed up for retirement contributions by default.

Sponsors & CoSponsors

Sponsor

Finstad, Brad [R-MN-1]

MN • R

Cosponsors

  • Rep. Carey, Mike [R-OH-15]

    OH • R

    Sponsored 12/12/2025

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 12/12/2025

  • Rep. Larson, John B. [D-CT-1]

    CT • D

    Sponsored 12/12/2025

  • Rep. Fischbach, Michelle [R-MN-7]

    MN • R

    Sponsored 12/17/2025

  • Craig

    MN • D

    Sponsored 12/18/2025

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 1/7/2026

  • Rep. Steil, Bryan [R-WI-1]

    WI • R

    Sponsored 1/16/2026

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 2/2/2026

  • Davis (IL)

    IL • D

    Sponsored 3/3/2026

  • Rep. Tenney, Claudia [R-NY-24]

    NY • R

    Sponsored 3/3/2026

  • Rep. Malliotakis, Nicole [R-NY-11]

    NY • R

    Sponsored 5/14/2026

  • Rep. Sánchez, Linda T. [D-CA-38]

    CA • D

    Sponsored 5/14/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation