Core Points - The proposed legislation aims to allow workers to roll over personal Roth IRAs into workplace Roth accounts, such as Roth 401(k)s, 403(b)s, and 457(b)s, simplifying account management and reducing fees [3][4] - The bill is sponsored by U.S. Representatives Darin LaHood and Linda T. Sanchez, emphasizing the benefits of asset consolidation and enhanced retirement savings for families [4] Summary by Sections Proposed Legislation - The legislation seeks to enable the combination of Roth assets into workplace accounts, which could streamline the management of retirement savings [3] - If enacted, it would help eliminate the complexities and fees associated with maintaining multiple investment accounts [4] Benefits of Roth Accounts - Roth IRAs allow for tax-free withdrawals of gains after specific conditions are met, making them attractive for younger workers who may face higher tax brackets in retirement [6][7] - Contributions to Roth accounts are made with after-tax money, ensuring that all subsequent gains can be withdrawn tax-free during retirement [8]