The bill titled "Every Arkansan Retirement Plan Opportunity Act" aims to establish a new retirement plan initiative for residents of Arkansas. The primary objective of this act is to provide all Arkansans with access to retirement savings options, thereby promoting financial security in retirement.

The legal language inserted into the current law explicitly states the purpose of the act, which is to create the "Every Arkansan Retirement Plan Opportunity Act." This initiative reflects a commitment to enhancing retirement planning resources for the state's population.