Establishes the Voluntary Portable Benefit Account Act to allow independent contractors to fund benefit plans.

The bill creates the Voluntary Portable Benefit Account Act, allowing independent contractors to voluntarily contribute funds to accounts for benefit plans like health insurance, income replacement, life insurance, and retirement benefits. These accounts, called voluntary portable benefit accounts, are opened by the contractors and administered by providers, which can be banks, investment firms, or technology companies. The accounts are assigned to the contractors' beneficiaries, not their employers. The contributions do not affect the contractors' employment classification.

Establishes the Voluntary Portable Benefit Account Act to allow independent contractors to fund benefit plans.

The bill creates the Voluntary Portable Benefit Account Act, allowing independent contractors to voluntarily contribute funds to accounts for benefit plans like health insurance, income replacement, life insurance, and retirement benefits. These accounts, called voluntary portable benefit accounts, are opened by the contractors and administered by providers, which can be banks, investment firms, or technology companies. The accounts are assigned to the contractors' beneficiaries, not their employers. The contributions do not affect the contractors' employment classification.