,,ii  #aai? ,,congress  #a/ ,session    
,s4 #ihh  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #ab1 #bjbe,ms4    
,baldw9 7= h]self1 ,mrs4 ,murray1 ,ms4  
,cantwell1 ,mr4 ,blum5?al1 ,ms4 ,hirono1
 ,ms4 ,klobu*>1 ,mr4 ,s&]s1 ,mr4 ,wyd51 
,mr4 ,van ,holl51 ,mr4 ,ka9e1 ,ms4      
,w>r51 & ,mr4 ,m]kley7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,heal?1 ,education1  
,labor1 & ,p5sions  ,a ,,bill  ,to am5d 
! ,employee ,retirem5t ,income ,security
 ,act ( #aigd to provide = great] sp\sal
 protection "u def9$ contribution plans1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,wom5's ,retirem5t
 ,protection ,act4  #b4 ,f9d+s ,congress
 f9ds ! foll[+3 7#a7 ,approximately #bh 
p]c5t ( non-retir$ adults h no def9$    
b5efit plan or retirem5t sav+s1 accord+ 
to #bjbc data f ! ,bo>d ( ,gov]nors ( ! 
,f$]al ,res]ve ,sy/em4  7#b7 ,9 #bjbc1  
approximately #a_/c ( ! private sector  
work=ce did n h access to a retirem5t   
plan at ! workplace1 & only half ( !    

work=ce actually p>ticipat$ 9 a         
retirem5t plan4  7#c7 ,wom5's retirem5t 
prep>$ness (t5 lags significantly beh9d 
_! male c\nt]p>ts'1 result+ 9 ! m$ian   
income = wom5 ag$ #fe & old] 9 #bjbb be+
 j #hc p]c5t ( ! m$ian income ( m5 ag$  
#fe & old]1 includ+ income f social     
security1 p5sion plans1 inve/m5ts1 &    
e>n+s4  7#d7 ,wom5 ag$ #hj & old] _h !  
highe/ pov]ty rate among old] p]sons 9  
all age gr\ps1 ) #ad4g p]c5t ( wom5 ag$ 
#hj & old] liv+ 9 pov]ty :ile #aj4c     
p]c5t ( m5 9 ! same age gr\p live 9     
pov]ty4  7#e7 ,wom5 make up two-?irds ( 
l[-wage work]s1 ev5 ?\gh !y comprise    
less ?an half ( all work]s1 & l[-wage   
work]s are less likely ?an o!r work]s to
 p>ticipate 9 a retirem5t plan at "w4   
7#f7 ,because ( ! pay gap1 wom5 work+   
full-"t1 ye>-r\nd typically lose        
#cih1afj ov] a #dj-ye> c>e] !reby       
requir+ ! av]age woman to "w almo/ a    
decade long] ?an h] male c\nt]p>t to    
make up t c>e] wage gap4  7#g7 ,due to !
 l[] lifetime wages /emm+ f unequal pay 

& c>egiv+ duties1 ! av]age ,social      
,security b5efit 9 #bjbc = a woman 0    
#a1fch a mon?1 :ile = m5 su* av]age     
mon?ly b5efit 0 #b1jbj4  7#h7 ,:ile !   
,,secure #b4j ,act ( #bjbb 7,public ,law
 #aag-cbh7 goes a long way to address   
?is cov]age gap1 j #a 9 #e "p-"t work]s 
:o "w a full ye> are eligible = a       
retirem5t plan1 & wom5 are almo/ twice z
 likely to "w "p-"t z m54  7#i7 ,:ile   
traditional def9$ b5efit retirem5t plans
 h sp\sal protections1 def9$            
contribution retirem5t plans1 :i* h     
become increas+ly common1 curr5tly      
provide no simil> sp\sal protections4   
7#aj7 ,! ,?rift ,sav+s ,plan ( ! ,f$]al 
,gov]nm5t1 ! l>ge/ def9$ contribution   
plan 9 ! _w ) approximately #f1ejj1jjj  
p>ticipants1 requires its m>ri$         
p>ticipants to h _! sp\ses' cons5t =    
)drawals & loans4  7#aa7 ,!re 7 almo/   
#iij1jjj divorces 9 ! ,unit$ ,/ates     
betwe5 #bjbj & #bjba4 ,aft] ! family    
home1 retirem5t sav+s t5ds to be ! l>ge/
 asset to be divid$ 9 a divorce4  7#ab7 

,:ile fees & exp5ses associat$ )        
retirem5t plans h be5 9 decl9e1         
p>ticipants h se5 direct *>ges =        
process+ qualifi$ dome/ic relations     
ord]s increase significantly4  #c4      
,increas+ sp\sal protection "u def9$    
contribution plans  7a7 ,am5dm5t (      
,employee ,retirem5t ,income ,security  
,act ( #aigd  7#a7 ,9 g5]al ,"p #b (    
subtitle ,b ( title ,i ( ! ,employee    
,retirem5t ,income ,security ,act (     
#aigd 7#bi ,u4,s4,c4 #ajea et seq47 is  
am5d$ by ins]t+ aft] section #bje !     
foll[+ new section3  #bje;,a4           
,additional sp\sal cons5t requirem5ts   
7a7 ,9 g5]al ,ea* individual acc\nt plan
 to :i* section #bje does n apply %all  
provide t1 except z provid$ 9           
subsections 7c7 & 7d71 no di/ribution   
may be made "u ! plan unless ! sp\sal   
cons5t requirem5ts ( subsection 7e7 are 
met4  7b7 ,coord9ation ) section #bje   
,no?+ 9 ?is section %all be con/ru$ to  
exempt an individual acc\nt plan f !    
requirem5ts ( section #bje ) respect to 

any p>ticipant4  7c7 ,exceptions = c]ta9
 di/ributions ,subsection 7a7 %all n    
apply to-- 7#a7 any di/ribution t is--  
7,a7 a m9imum requir$ di/ribution       
describ$ 9 section #digd7;b7 ( !        
,int]nal ,rev5ue ,code ( #aihf2  7,b7   
p]mitt$ "u section #bjc7;e77#a7 to be   
made )\t ! cons5t ( ! p>ticipant2 or    
7,c7 9 an am\nt t is less ?an #be p]c5t 
( ! acc\nt balance1 b n m ?an once p]   
acc\nt2  7#b7 any di/ribution 9 ! =m ( a
 qualifi$ jo9t & survivor annuity 7z    
def9$ 9 section #bje7;d77#a771 a        
qualifi$ optional survivor annuity 7z   
def9$ 9 section #bje7;d77#b771 a        
qualifi$ pr]etirem5t survivor annuity 7z
 def9$ 9 section #bje7;e771 or a s]ies (
 sub/antially equal p]iodic paym5ts 7n  
less frequ5tly ?an annually7 made = !   
jo9t lives 7or life expectancies7 ( !   
p>ticipant & ! p>ticipant's sp\se2 or   
7#c7 9 ! case ( a p>ticipant :o does n  
elect a =m ( b5efit describ$ 9 p>agraph 
7#b7 "u ! plan or :o is p>ticipat+ 9 a  
plan t does n provide su* a =m ( b5efit1

 any di/ribution ( ! p>ticipant's entire
 non=feitable accru$ b5efit if #ej p]c5t
 ( su* accru$ b5efit is transf]r$ to an 
individual retirem5t plan 7z def9$ 9    
section #ggja7;a77#cg7 ( ! ,int]nal     
,rev5ue ,code ( #aihf7 ( ! sp\se ( !    
p>ticipant4  ,a transf] describ$ 9      
p>agraph 7#c7 to an individual retirem5t
 plan %all be treat$ 9 ! same mann] z a 
transf] "u section #djh7;d77#f7 ( !     
,int]nal ,rev5ue ,code ( #aihf4  7d7    
,exceptions = c]ta9 rollov]             
contributions ,subsection 7a7 %all n    
apply to any di/ribution1 involv+ a     
p>ticipant :o has a sp\se1 t is an      
eligible rollov] di/ribution 7z def9$ 9 
section #djb7;f77#b77;,a7 ( ! ,int]nal  
,rev5ue ,code ( #aihf7 made 9 ! =m ( a  
direct tru/ee-to-tru/ee transf] )9 !    
mean+ ( section #dja7;a77#ca7 ( !       
,int]nal ,rev5ue ,code ( #aihf-- 7#a7 to
 a plan to :i* ?is section or section   
#bje applies2 or  7#b7 to an individual 
retirem5t plan 7z def9$ 9 section       
#ggja7;a77#cg7 ( ! ,int]nal ,rev5ue     

,code ( #aihf7 if-- 7,a7 ! b5efici>y (  
su* plan is ! sp\se ( ! p>ticipant1 or !
 sp\sal cons5t requirem5ts ( subsection 
7e7 are met ) respect to any designation
 ( #a or m o!r b5efici>ies2 &  7,b7 "u !
 t]ms ( ! individual retirem5t plan1 !  
b5efici>y ( su* plan 7:e!r ! sp\se or   
o!r b5efici>y designat$ "u p>agraph     
7#a77 may n be *ang$ unless-- 7i7 !     
sp\sal cons5t requirem5ts ( subsection  
7e7 are met ) respect to any su* *ange1 
or  7ii7 ! sp\sal cons5t "u subp>agraph 
7,a7 to ! designation ( a b5efici>y o!r 
?an ! sp\se expressly p]mits su*        
designation to be *ang$ )\t ! fur!r     
cons5t ( ! sp\se4  7e7 ,sp\sal cons5t   
requirem5ts  7#a7 ,9 g5]al ,= purposes (
 ?is section1 except z provid$ 9        
p>agraph 7#b71 ! sp\sal cons5t          
requirem5ts ( ?is subsection are met )  
respect to any di/ribution or any       
designation or *ange ( b5efici>y if--   
7,a7 ! plan provides to ea* p>ticipant1 
)9 a reasonable p]iod ( "t be=e su*     
di/ribution or designation or *ange (   

b5efici>y is made & consi/5t ) su*      
regulations z ! ,secret>y ( ! ,treasury 
may prescribe1 a writt5 explanation ( ! 
rights ( ! p>ticipant & ! p>ticipant's  
sp\se "u ?is section2  7,b7 ! sp\se ( ! 
p>ticipant cons5ts 9 writ+ to !         
di/ribution or designation or *ange (   
b5efici>y2  7,c7 9 ! case ( a           
di/ribution1 ! writt5 cons5t "u         
subp>agraph 7,b7 is made dur+ ! cons5t  
p]iod2 &  7,d7 ! writt5 cons5t "u       
subp>agraph 7,b7-- 7i7 ackn[l$ges !     
effect ( su* di/ribution or designation 
or *ange ( b5efici>y2 &  7ii7 is        
witness$ by a plan repres5tative or a   
not>y public4  7#b7 ,exceptions "u      
section #bje to apply ,! requirem5ts (  
p>agraph 7#a7 7o!r ?an subp>agraph 7,a7 
!re(7 %all n apply ) respect to any     
di/ribution or designation or *ange (   
b5efici>y if a p>ticipant e/abli%es to !
 satisfaction ( ! plan adm9i/rator t--  
7,a7 !re is no sp\se2  7,b7 ! p>ticipant
 & ! p>ticipant's sp\se h n be5 m>ri$ = 
at lea/ #a ye> z ( ! date ( !           

di/ribution or designation or *ange (   
b5efici>y2 or  7,c7 su* cons5t _c be    
obta9$ because-- 7i7 ! sp\se _c be      
locat$2 or  7ii7 ( su* o!r circum/ances 
z ! ,secret>y ( ! ,treasury1 9          
consultation ) ! ,secret>y ( ,labor1 may
 by regulations prescribe4  7#c7 ,cons5t
 limit$ to sp\se & ev5t ,any writt5     
cons5t by a sp\se "u p>agraph 7#a71 or !
 e/abli%m5t by a p>ticipant t an        
exception "u p>agraph 7#b7 7o!r ?an     
subp>agraph 7,a7 !re(7 applies ) respect
 to a sp\se1 %all be effective only )   
respect to t sp\se & to ! di/ribution or
 designation or *ange ( b5efici>y to :i*
 x relates4  7#d7 ,cons5t p]iod ,=      
purposes ( ?is subsection1 ! t]m cons5t 
p]iod means1 ) respect to any           
di/ribution-- 7,a7 ! #ij-;day p]iod     
imm$iately prec$+ ! date ( su*          
di/ribution2 or  7,b7 su* o!r p]iod z ! 
,secret>y ( ! ,treasury may provide4    
7f7 ,dis*>ge ( plan f liability ,rules  
simil> to ! rules ( section #bje7;c77#f7
 %all apply = purposes ( ?is section4  4

  7#b7 ,cl]ical am5dm5t ,! table (      
sections ( "p #b ( subtitle ,b ( title  
,i ( ! ,employee ,retirem5t ,income     
,security ,act ( #aigd is am5d$ by      
ins]t+ aft] ! item relat+ to section    
#bje ! foll[+ new item3  ,sec4 #bje;,a4 
,additional sp\sal cons5t requirem5ts4  
4  7#c7 ,"r ( action ,section #ejb7;a7 (
 ! ,employee ,retirem5t ,income         
,security ,act ( #aigd 7#bi ,u4,s4,c4   
#aacb7 is am5d$-- 7,a7 by /rik+ or at ! 
end ( p>agraph 7#aj72  7,b7 by /rik+ !  
p]iod at ! end ( p>agraph 7#aa7 & ins]t+
 2 or2 &  7,c7 by add+ at ! end ! foll[+
 new p>agraph3  7#ab7 by an individual =
 appropriate relief 9 ! case ( a        
violation ( ! individual's rights "u    
section #bje;,a4  4  7b7 ,con=m+ am5dm5t
 to ,int]nal ,rev5ue ,code ( #aihf      
,section #dja7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by ins]t+ aft]   
p>agraph 7#ag7 ! foll[+ new p>agraph3   
7#ah7 ,additional sp\sal cons5t         
requirem5ts  7,a7 ,9 g5]al ,9 ! case ( a
 def9$ contribution plan to :i* p>agraph

 7#aa7 does n apply1 except z provid$ 9 
subsections 7c7 & 7d71 a tru/ =m+ "p (  
su* plan %all n con/itute a qualifi$    
tru/ "u ?is section unless no           
di/ribution may be made "u ! plan unless
 ! sp\sal cons5t requirem5ts (          
subp>agraph 7,e7 are met4  7,b7         
,coord9ation ) p>agraph 7#aa7 ,no?+ 9   
?is p>agraph %all be con/ru$ to exempt a
 def9$ contribution plan f ! requirem5ts
 ( p>agraph 7#aa7 ) respect to any      
p>ticipant4  7,c7 ,exceptions = c]ta9   
di/ributions ,subp>agraph 7,a7 %all n   
apply to-- 7i7 any di/ribution t is--   
7,i7 a m9imum requir$ di/ribution       
describ$ 9 section #digd7;b71  7,,ii7   
p]mitt$ "u section #daa7;a77#aa7 to be  
made )\t ! cons5t ( ! p>ticipant1 or    
7,,iii7 9 an am\nt t is less ?an #be    
p]c5t ( ! acc\nt balance1  7ii7 any     
di/ribution 9 ! =m ( a qualifi$ jo9t &  
survivor annuity 7z def9$ 9 section     
#dag7;b771 a qualifi$ optional survivor 
annuity 7z def9$ 9 section #dag7;g771 a 
qualifi$ pr]etirem5t survivor annuity 7z

 def9$ 9 section #dag7;c771 or a s]ies (
 sub/antially equal p]iodic paym5ts 7n  
less frequ5tly ?an annually7 made = !   
jo9t lives 7or life expectancies7 ( !   
p>ticipant & ! p>ticipant's sp\se1 or   
7iii7 9 ! case ( a p>ticipant :o does n 
elect a =m ( b5efit describ$ 9 clause   
7ii7 "u ! plan or :o is p>ticipat+ 9 a  
plan t does n provide su* a =m ( b5efit1
 any di/ribution ( ! p>ticipant's entire
 non=feitable accru$ b5efit if #ej p]c5t
 ( su* accru$ b5efit is transf]r$ to an 
individual retirem5t plan ( ! sp\se ( ! 
p>ticipant4  ,a transf] describ$ 9      
clause 7iii7 to an individual retirem5t 
plan %all be treat$ 9 ! same mann] z a  
transf] "u section #djh7;d77#f74  7,d7  
,exceptions = c]ta9 rollov]             
contributions ,subp>agraph 7,a7 %all n  
apply to any di/ribution1 involv+ a     
p>ticipant :o has a sp\se1 t is an      
eligible rollov] di/ribution 7z def9$ 9 
section #djb7;f77#b77;,a77 made 9 ! =m (
 a direct tru/ee-to-tru/ee transf] )9 ! 
mean+ ( p>agraph 7#ca7-- 7i7 to a plan  

to :i* ?is p>agraph or p>agraph 7#aa7   
applies1 or  7ii7 to an individual      
retirem5t plan if-- 7,i7 ! b5efici>y (  
su* plan is ! sp\se ( ! p>ticipant1 or !
 sp\sal cons5t requirem5ts ( subp>agraph
 7,e7 are met ) respect to any          
designation ( #a or m o!r b5efici>ies1 &
  7,,ii7 "u ! t]ms ( ! individual       
retirem5t plan1 ! b5efici>y ( su* plan  
7:e!r ! sp\se or o!r b5efici>y designat$
 "u subclause 7,i77 may n be *ang$      
unless-- 7aa7 ! sp\sal cons5t           
requirem5ts ( subp>agraph 7,e7 are met )
 respect to any su* *ange1 or  7bb7 !   
sp\sal cons5t "u subclause 7,i7 to !    
designation ( a b5efici>y o!r ?an !     
sp\se expressly p]mits su* designation  
to be *ang$ )\t ! fur!r cons5t ( !      
sp\se4  7,e7 ,sp\sal cons5t requirem5ts 
7i7 ,9 g5]al ,= purposes ( ?is p>agraph1
 except z provid$ 9 clause 7ii71 !      
sp\sal cons5t requirem5ts ( ?is         
subp>agraph are met ) respect to any    
di/ribution or any designation or *ange 
( b5efici>y if-- 7,i7 ! plan provides to

 ea* p>ticipant1 )9 a reasonable p]iod (
 "t be=e su* di/ribution or designation 
or *ange ( b5efici>y is made & consi/5t 
) su* regulations z ! ,secret>y may     
prescribe1 a writt5 explanation ( !     
rights ( ! p>ticipant & ! p>ticipant's  
sp\se "u ?is p>agraph1  7,,ii7 ! sp\se (
 ! p>ticipant cons5ts 9 writ+ to !      
di/ribution or designation or *ange (   
b5efici>y1  7,,iii7 9 ! case ( a        
di/ribution1 ! writt5 cons5t "u         
subclause 7,,ii7 is made dur+ ! cons5t  
p]iod1 &  7,,iv7 ! writt5 cons5t "u     
subclause 7,,ii7-- 7aa7 ackn[l$ges !    
effect ( su* di/ribution or designation 
or *ange ( b5efici>y1 &  7bb7 is        
witness$ by a plan repres5tative or a   
not>y public4  7ii7 ,exceptions "u      
section #dag to apply ,! requirem5ts (  
clause 7i7 7o!r ?an subclause 7,i7 !re(7
 %all n apply ) respect to any          
di/ribution or designation or *ange (   
b5efici>y if a p>ticipant e/abli%es to !
 satisfaction ( ! plan adm9i/rator t--  
7,i7 !re is no sp\se1  7,,ii7 !         

p>ticipant & ! p>ticipant's sp\se h n   
be5 m>ri$ = at lea/ #a ye> z ( ! date ( 
! di/ribution or designation or *ange ( 
b5efici>y1 or  7,,iii7 su* cons5t _c be 
obta9$ because-- 7aa7 ! sp\se _c be     
locat$1 or  7bb7 ( su* o!r circum/ances 
z ! ,secret>y1 9 consultation ) !       
,secret>y ( ,labor1 may by regulations  
prescribe4  7iii7 ,cons5t limit$ to     
sp\se & ev5t ,any writt5 cons5t by a    
sp\se "u clause 7i71 or ! e/abli%m5t by 
a p>ticipant t an exception "u clause   
7ii7 7o!r ?an subclause 7,i7 !re(7      
applies ) respect to a sp\se1 %all be   
effective only ) respect to t sp\se & to
 ! di/ribution or designation or *ange (
 b5efici>y to :i* x relates4  7iv7      
,cons5t p]iod ,= purposes ( ?is         
subp>agraph1 ! t]m cons5t p]iod means1 )
 respect to any di/ribution-- 7,i7 !    
#ij-;day p]iod imm$iately prec$+ ! date 
( su* di/ribution1 or  7,,ii7 su* o!r   
p]iod z ! ,secret>y may provide4  4  #d4
 ,effective dates  7a7 ,increas+ sp\sal 
protection "u def9$ contribution plans  

,except z provid$ 9 subsection 7b71 !   
am5dm5ts made by section #c %all apply  
to di/ributions & rollov] contributions 
made 9 plan ye>s beg9n+ aft] ! date t is
 #a ye> aft] ! date ( ! enactm5t ( ?is  
,act4  7b7 ,provisions relat+ to plan   
am5dm5ts  7#a7 ,9 g5]al ,if ?is p>agraph
 applies to any plan or contract        
am5dm5t1 su* plan or contract %all be   
treat$ z be+ op]at$ 9 accordance ) !    
t]ms ( ! plan dur+ ! p]iod describ$ 9   
p>agraph 7#b77;,c74  7#b7 ,am5dm5ts to  
:i* p>agraph 7#a7 applies  7,a7 ,9 g5]al
 ,p>agraph 7#a7 %all apply to any       
am5dm5t to any plan or annuity contract 
:i* is made-- 7i7 pursuant to ! am5dm5ts
 made by section #c or pursuant to any  
regulation issu$ "u section #bje;,a ( ! 
,employee ,retirem5t ,income ,security  
,act ( #aigd or section #dja7;a77#ah7 ( 
! ,int]nal ,rev5ue ,code ( #aihf1 z add$
 by section #c2 &  7ii7 on or be=e ! la/
 day ( ! fir/ plan ye> beg9n+ on or aft]
 ! date t is #c ye>s aft] ! date        
describ$ 9 subsection 7a74  ,9 ! case ( 

a gov]nm5tal plan 7z def9$ 9 section    
#dad7;d7 ( ! ,int]nal ,rev5ue ,code (   
#aihf71 ?is subp>agraph %all be appli$  
by sub/itut+ #e ye>s = #c ye>s 9 clause 
7ii74  7,b7 ,conditions ,subp>agraph    
7,a7 %all n apply to any am5dm5t        
unless-- 7i7 ! plan or contract is      
op]at$ z if su* plan or contract am5dm5t
 7 9 effect = ! p]iod describ$ 9        
subp>agraph 7,c72 &  7ii7 su* plan or   
contract am5dm5t applies retroactively =
 su* p]iod4  7,c7 ,p]iod describ$ ,!    
p]iod describ$ 9 ?is subp>agraph is !   
p]iod-- 7i7 beg9n+ on ! effective date  
specifi$ by ! plan2 &  7ii7 end+ on !   
date describ$ 9 subp>agraph 7,a77ii7    
7or1 if e>li]1 ! date ! plan or contract
 am5dm5t is adopt$74  #e4 ,access to    
indep5d5t consum] in=mation & und]/&+   
7a7 ,def9itions ,9 ?is section-- 7#a7 ! 
t]m consum] means any p]son :o pur*ases 
or acquires any goods1 products1        
s]vices1 or cr$it relat$ to ! retirem5t 
or lat] life economic security ( !      
consum]2 &  7#b7 ! t]m f9ancial product 

or s]vice provid] means any p]son :o    
engages 9 ! bus9ess ( provid+ any       
retirem5t f9ancial product or s]vice to 
any consum]4  7b7 ,requir$ l9k to       
consum] aw>5ess in=mation ,9 any (f] = !
 sale1 ex*ange1 or o!r transf] ( a      
retirem5t f9ancial product or s]vice to 
a consum] c>ri$ out by a f9ancial       
product or s]vice provid]1 su* provid]  
%all provide1 9 a mann] consi/5t )      
subsection 7c71 an easily accessible l9k
 to ! website ( ! ,bureau ( ,consum]    
,f9ancial ,protection 7ref]r$ to 9 ?is  
section z ! ,,cfpb7 at :i* ! consum] may
 access in=mation1 lit]ature1 guides1   
programs1 tools1 /rategies1 or any o!r  
res\rce produc$ by ! ,,cfpb or o!r      
,f$]al ag5cy relat+ to retirem5t plann+ 
or lat] life economic security4  7c7    
,det]m9ation ,9 ord] to ensure t !      
requirem5t "u subsection 7b7 is         
effectively c>ri$ out1 ! ,f9ancial      
,lit]acy & ,education ,commission %all  
det]m9e & publi% on its website !       
appropriate l9k to ! ,,cfpb's website = 

access to ! ,,cfpb's & o!r ,f$]al       
ag5cies' consum] education mat]ials1 !  
pref]r$ =mat ( su* l9k1 & any accompany+
 description ( ! ,,cfpb & ! consum]     
education mat]ials associat$ ) su* l9k4 
#f4 ,grants to promote f9ancial lit]acy 
= wom5  7a7 ,au?orization ( grant aw>ds 
,! ,secret>y ( ,labor1 act+ ?r\gh !     
,director ( ! ,wom5's ,bureau1 %all aw>d
 grants on a competitive basis to       
eligible entities to enable su* entities
 to improve ! f9ancial lit]acy ( wom5 :o
 are work+ age or 9 retirem5t1 to       
increase ! likelihood ( ! wom5 realiz+ a
 secure & /able retirem5t4  7b7         
,def9ition ( eligible entity ,9 ?is     
section1 ! t]m eligible entity means a  
community-bas$ organization ) prov5     
exp]i5ce & exp]tise 9 s]v+ work+-age or 
retir$ wom54  7c7 ,application ,an      
eligible entity t desires to receive a  
grant "u ?is section %all submit an     
application to ! ,secret>y ( ,labor at  
su* "t1 9 su* mann]1 & accompani$ by su*
 in=mation z su* ,secret>y may require4 

7d7 ,m9imum grant am\nt ,! ,secret>y (  
,labor %all aw>d grants "u ?is section 9
 am\nts ( n less ?an #bej1jjj4  7e7 ,use
 ( funds ,an eligible entity t receives 
a grant "u ?is section %all use ! grant 
funds to develop & implem5t f9ancial    
lit]acy education1 & relat$ activities  
includ+ outrea*1 aw>5ess build+1 &      
c\nsel+ to increase wom5's k ( retirem5t
 plann+ & consum]1 economic1 & p]sonal  
f9ancial concepts4  7f7 ,au?orization ( 
appropriations ,!re is au?oriz$ to be   
appropriat$ to c>ry out ?is section     
#ajj1jjj1jjj = fiscal ye> #bjbf & ea*   
succe$+ fiscal ye>4  #g4 ,grants to     
assi/ l[-income wom5 & survivors (      
dome/ic viol5ce 9 obta9+ qualifi$       
dome/ic relations ord]s  7a7            
,au?orization ( grant aw>ds ,! ,secret>y
 ( ,labor1 act+ ?r\gh ! ,director ( !   
,wom5's ,bureau & 9 conjunction ) !     
,assi/ant ,secret>y ( ! ,employee       
,b5efits ,security ,adm9i/ration1 %all  
aw>d grants1 on a competitive basis1 to 
eligible entities to enable su* entities

 to assi/ l[-income wom5 & survivors (  
dome/ic viol5ce 9 obta9+ qualifi$       
dome/ic relations ord]s & ensur+ t ^?   
wom5 actually obta9 ! b5efits to :i* !y 
are entitl$ ?r\gh ^? ord]s4  7b7        
,def9ition ( eligible entity ,9 ?is     
section1 ! t]m eligible entity means a  
community-bas$ organization ) prov5     
exp]i5ce & exp]tise 9 s]v+ wom5 & !     
f9ancial & retirem5t ne$s ( wom54  7c7  
,application ,an eligible entity t      
desires to receive a grant "u ?is       
section %all submit an application to ! 
,secret>y ( ,labor at su* "t1 9 su*     
mann]1 & accompani$ by su* in=mation z !
 ,secret>y ( ,labor may require4  7d7   
,m9imum grant am\nt ,! ,secret>y (      
,labor %all aw>d grants "u ?is section 9
 am\nts ( n less ?an #bej1jjj4  7e7 ,use
 ( funds ,an eligible entity t receives 
a grant "u ?is section %all use ! grant 
funds to develop programs to (f] help to
 l[-income wom5 or survivors ( dome/ic  
viol5ce :o ne$ assi/ance 9 prep>+1      
obta9+1 & effectuat+ a qualifi$ dome/ic 

relations ord]4  7f7 ,au?orization (    
appropriations ,!re is au?oriz$ to be   
appropriat$ to c>ry out ?is section     
#ajj1jjj1jjj = fiscal ye> #bjbf & ea*   
succe$+ fiscal ye>4