Women's Retirement Protection Act aims to enhance spousal consent requirements for withdrawals from defined contribution plans.

The Women's Retirement Protection Act seeks to amend the Employee Retirement Income Security Act of 1974 to strengthen spousal protections for defined contribution plans. It mandates that spousal consent is required for withdrawals and beneficiary changes unless specific exceptions apply. Additionally, it authorizes grants to improve financial literacy among working-age and retired women and to assist low-income women and survivors of domestic violence in obtaining qualified domestic relations orders.

Women's Retirement Protection Act aims to enhance spousal consent requirements for withdrawals from defined contribution plans.

The Women's Retirement Protection Act seeks to amend the Employee Retirement Income Security Act of 1974 to strengthen spousal protections for defined contribution plans. It mandates that spousal consent is required for withdrawals and beneficiary changes unless specific exceptions apply. Additionally, it authorizes grants to improve financial literacy among working-age and retired women and to assist low-income women and survivors of domestic violence in obtaining qualified domestic relations orders.