arrow_back Trending Legislation
Share share

Spousal Consent Required for Defined Contribution Plan Distributions

This Act mandates written spousal consent for most distributions and beneficiary changes in defined contribution retirement plans, such as 401(k)s. The legislation aims to enhance financial security for spouses, particularly women. It also authorizes funding for financial literacy programs and legal assistance for obtaining qualified domestic relations orders (QDROs).
Key points
Defined contribution plans generally require written spousal consent for distributions and changes to beneficiaries.
A distribution of the entire accrued benefit is permitted without standard spousal consent if 50% of the benefit is transferred to the spouse's individual retirement plan (IRA).
The law authorizes grants to improve financial literacy for women and assist low-income individuals in securing retirement asset division orders.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Women's Retirement Protection Act
Print number: S 2627
Sponsor: Sen. Baldwin, Tammy [D-WI]
Process start date: 2023-07-27
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
AI work logs for this document launch
Summary & Status

Key Questions about Spousal Consent Required for Defined Contribution Plan Distributions

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is S 2627.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-07-27.

What are the main provisions?

Key points include:

  • Defined contribution plans generally require written spousal consent for distributions and changes to beneficiaries.
  • A distribution of the entire accrued benefit is permitted without standard spousal consent if 50% of the benefit is transferred to the spouse's individual retirement plan (IRA).
  • The law authorizes grants to improve financial literacy for women and assist low-income individuals in securing retirement asset division orders.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Baldwin, Tammy [D-WI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

Analysis and Potential Impact of S 2627

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Benefits Family Labor