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Sens. Scott, Brown Introduce Bill to Increase Retirement Security
June 17, 2022
WASHINGTON, June 17 -- Sen. Tim Scott, R-South Carolina, issued the following news release:

U.S. Senators Tim Scott (R-S.C.) and Sherrod Brown (D-Ohio) introduced the Advancing Auto-Portability Act of 2022, a bill that would allow a worker's 401(k) savings account to be automatically rolled over from a previous employer to a new employer. The legislation would cut red tape to help Americans who change jobs frequently to increase retirement savings.

"For too ma . . .

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