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Legislation Introduced to Establish Portable Retirement Accounts
American Retirement Association [ARA]Link to more items from this source
Sept. 23, 2021

"The Portable Retirement and Investment Account (PRIA) Act of 2021 [HR5334] ... would generally establish the accounts for every American at birth by providing a PRIA at the same time they receive a Social Security number. The accounts would be administered by a nine-person independent board appointed by the Treasury and Labor secretaries, the PBGC and the Consumer Financial Protection Bureau, and managed by selected financial institutions."

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