first treated under clause (ii) of section 414(dd)(8)(A) as having made an election under clause (i)(I) of such section. . (C) Automatic IRA Advisory Group (i) In general Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury shall establish an Automatic IRA Advisory Group (hereinafter in this subparagraph referred to as the Advisory Group ). The purpose of the Advisory Group shall be to make recommendations, advise, and assist in the Secretary’s implementation and administration of paragraphs (5), (6), and (8) of section 414(dd) of the Internal Revenue Code of 1986 with respect to automatic IRA arrangements in the best financial interest of savers, including— (I) the procedures and criteria for the periodic certification, website listing, and monitoring of arrangements and investment options that meet the requirements of those paragraphs, (II) user-friendly disclosure regarding investment returns and risks, terms, fees, and expenses to facilitate comparison, (III) the use of low-cost investment options, (IV) the appropriate use of electronic and paper methods to provide notice and disclosure, (V) any possible learnings or efficiencies based on the Secretary’s procedures and experience in approving nonbank individual retirement account trustees, and (VI) such other related matters as may be determined by the Secretary. (ii) Membership The Advisory Group shall consist of not more than 15 members and shall be composed of— (I) such individuals as the Secretary may consider appropriate to provide expertise regarding the financial needs and challenges of lower- and middle-income households, (II) at least one individual who is an expert in retirement-related consumer protections or who represents the general public, and (III) at least one representative of the Department of the Treasury. (iii) Compensation The members of the Advisory Group shall serve without compensation. (iv) Administrative support The Department of the Treasury shall provide appropriate administrative