Small Nonprofit Retirement Security Act of 2025

# Small Nonprofit Retirement Security Act of 2025 - Summary **What It Would Do** This bill aims to make it easier for small nonprofit organizations to offer retirement plans to their employees. Currently, many small nonprofits struggle to provide retirement benefits because the process is complicated and expensive. The legislation would likely streamline rules and reduce costs associated with establishing and maintaining retirement savings plans for nonprofit staff. **Who It Affects** The bill primarily targets small nonprofit organizations and their employees.

This includes charities, educational institutions, religious organizations, and other tax-exempt groups that typically have limited budgets for employee benefits. Workers at these organizations would potentially gain better access to retirement savings options. **Current Status** The bill was introduced by Senator James Lankford (R-OK) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full Senate. The specific provisions of the bill have not been publicly detailed in available summaries, so the exact mechanisms for reducing barriers to retirement plan adoption remain unclear.