PROMOTION OF SAVER’S MATCH.

SEC. 104. PROMOTION OF SAVER’S MATCH.(a) In General.—The Secretary of the Treasury shall take such steps as the Secretary determines are necessary and appropriate to increase public awareness of the matching contribution provided under section 6433 of the Internal Revenue Code of 1986. (b) Report to Congress.—(1) In general.—Not later than July 1, 2026, the Secretary shall provide a report to Congress to summarize the anticipated promotion efforts of the Treasury under subsection (a). (2) Contents.—Such report shall include—(A) a description of plans for—(i) the development and distribution of digital and print materials, including the distribution of such materials to States for participants in State facilitated retirement savings programs, (ii) the translation of such materials into the 10 most commonly spoken languages in the United States after English (as determined by reference to the most recent American Community Survey of the Bureau of the Census), and (iii) communicating the adverse consequences of early withdrawal from an applicable retirement savings vehicle to which a matching contribution has been paid under section 6333(a)(2) of the Internal Revenue Code of 1986, including the operation of the Saver’s Match Recovery Payment rules under section 6433(f)(6) of such Code and associated early withdrawal penalties, and (B) such other information as the Secretary determines is necessary.