S 1840 · 119th Congress

Retirement Investment in Small Employers Act

This bill makes it easier and more affordable for very small businesses to set up retirement plans for their employees. Right now, small employers get a tax credit to help cover the costs of starting a retirement plan, but the credit is limited. This bill creates a bigger tax break specifically for "microemployers"—…

Sponsor

Hassan, Margaret Wood (D-New Hampshire)

Introduced

2025-05-21

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance.