Helping Young Americans Save for Retirement Act

This bill lowers the minimum age for participating in employer retirement plans like 401(k)s from 21 to 18 for certain young workers. It directly affects 18- to 20-year-olds who work at least 500 hours over two consecutive 12-month periods. The key provision amends ERISA and tax code rules to replace "21" with "18" in eligibility requirements for these plans. The changes apply to plan years starting one year after the bill becomes law.