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Women's Retirement Protection Act
Recent Bills/Women's Retirement Protection Act

Women's Retirement Protection Act

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
More:Recently Introduced BillsEconomySenate Bills
Why This Matters

The Women's Retirement Protection Act ensures that married people must get their spouse's approval before taking money out of certain retirement accounts. This is important because it helps protect family assets during divorces and supports women's financial security in retirement.

If you are married and have a retirement account, you will need your spouse's consent to withdraw funds.
Who this affects
Married individuals · Women
What changes is this bill making?
  1. 1This bill requires spousal consent for withdrawals from certain retirement plans.
  2. 2It aims to provide better protection for spouses in defined contribution plans.
  3. 3The bill addresses the retirement savings gap between men and women.
  4. 4It recognizes the importance of spousal rights in divorce situations.
  5. 5The legislation seeks to improve financial security for married individuals.
Read the detailed summary

This bill moves the National Woman's Relief Corps' place of incorporation and domicile from the District of Columbia to Illinois and moves its principal office in Illinois from Springfield to Murphysboro. The National Woman's Relief Corps is a federally chartered corporation whose purposes include (1) perpetuating the memory of the Grand Army of the Republic and those who saved the Union during the Civil War; (2) preserving, and making available for research, documents and records pertaining to the Grand Army of the Republic and its members; and (3) honoring those who have patriotically served the United States in any war.

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentFeb 5, 2025

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors
See all 4 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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