HR 6746 · 117th Congress · Labor and Employment

Lifetime Income For Employees Act

Introduced 2022-02-15· Sponsored by Rep. Norcross, Donald [D-NJ-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Education and Labor.(2022-02-15)

Plain Language Summary

[AI summary unavailable — showing source text] Lifetime Income For Employees Act This bill allows fiduciaries of pension plans to make default investment arrangements in annuity contracts upon providing certain notice to plan participants or beneficiaries and complying with certain prohibitions on liquidity restrictions.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Walberg, Tim [R-MI-7]MI