Retirement Savings for Americans Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2696 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2696 To establish the American Worker Retirement Plan, improve the financial security of working Americans by facilitating the accumulation of wealth, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 7, 2025 Mr. Smucker (for himself, Ms. Sewell, Ms. Malliotakis, Ms. Tenney, Mr. Fitzpatrick, Mrs. Miller of West Virginia, and Mr. Smith of Nebraska) introduced the following bill; which was referred to the Committee on Education and Workforce, and in addition to the Committee on Ways and Means, 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 _______________________________________________________________________ A BILL To establish the American Worker Retirement Plan, improve the financial security of working Americans by facilitating the accumulation of wealth, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title.--This Act may be cited as the ``Retirement Savings for Americans Act of 2025''. (b) Table of Contents.--The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Definitions. Sec. 3. Relationship to Social Security. Sec. 4. Government benefits. TITLE I--THE AMERICAN WORKER RETIREMENT PLAN Sec. 101. The American Worker Retirement Fund. Sec. 102. Investment of American Worker Retirement Fund. Sec. 103. Eligibility. Sec. 104. Enrollment. Sec. 105. Contributions. Sec. 106. Distributions. Sec. 107. Accounts. Sec. 108. Tax treatment. Sec. 109. Spousal protections; survivor rights. TITLE II--THE AMERICAN WORKER RETIREMENT PLAN INVE