; table of contents, etc. Sec. 2. Automatic contribution plan or arrangement. Sec. 3. Credit for certain small employer automatic IRA arrangements. Sec. 4. Treatment of automatic IRA arrangements under State law. (c) Amendment of 1986 Code Except as otherwise expressly provided, whenever in this subtitle an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986. 2. Automatic contribution plan or arrangement (a) Automatic contribution plan or arrangement (1) In general Section 414 is amended by adding at the end the following: (dd) Automatic contribution plan or arrangement For purposes of this title— (1) In general The term automatic contribution plan or arrangement means— (A) a defined contribution plan that— (i) is described in clause (i), (ii), or (iv) of section 219(g)(5)(A), (ii) includes a qualified cash or deferred arrangement or a salary reduction arrangement, and (iii) meets the notice, eligibility, contribution, fee, and lifetime income requirements of paragraphs (2), (3), (4), (6), and (7), respectively, (B) an automatic IRA arrangement described in paragraph (8), (C) an arrangement described in section 408(p) that meets the notice, contribution, investment, and fee requirements described in paragraphs (2), (4), (5), (6), respectively, and (D) a plan described in clause (i), (ii), (iv), (v), or (vi) of section 219(g)(5)(A) that is established and maintained by an employer as of the date of enactment of the Automatic IRA Act of 2024 , or a plan described in section 219(g)(5)(A)(iv) that is not subject to title I of the Employee Retirement Income Security Act of 1974 and offers annuity contracts, or makes custodial accounts available to employees, as of such date. (2) Notice requirements A plan or arrangement shall be treated as meeting the notice requirements of this paragraph with respect to an employee if the plan or arrangement meets