Sponsors (14)
The bill preserves flexibility and lowers administrative burdens for church and multiemployer plan sponsors but does so at the cost of likely reduced automatic-enrollment-driven retirement savings for some workers and more uneven retirement policy coverage.
Workers in multiemployer and church retirement plans keep their existing plan features and contribution structures because the bill prevents forced automatic enrollment changes.
Employers sponsoring multiemployer and church plans avoid new automatic-enrollment requirements, reducing administrative and compliance burdens on plan sponsors.
Workers in multiemployer and church plans may miss out on higher participation rates and larger retirement savings that automatic enrollment typically produces.
Treating church and multiemployer plans as exempt from automatic-enrollment creates uneven retirement policy coverage across plan types, potentially complicating federal/state oversight and portability expectations.
Based on analysis of 2 sections of legislative text.
Clarifies tax-code language so church plans are grouped with multiemployer plans in the exclusion list from certain automatic enrollment rules.
Introduced December 12, 2025 by Brad Finstad · Last progress December 12, 2025
Changes how certain retirement plans are listed as excluded from automatic enrollment rules by amending the Internal Revenue Code so that church plans are treated together with multiemployer plans rather than being singled out separately. The change applies to taxable years beginning after December 31, 2024.