A retractable panel assembly includes a cover panel slidingly engaged with a rail assembly and having an open position and a closed position, where the cover panel translates along the rail assembly as the cover panel translates between open and closed positions. The retractable panel assembly further includes a shade located between the rail assembly and the cover panel, the shade having an engagement member, and a retention assembly having a retention member engaged with the engagement member of the shade, where, when the cover panel translates between open and closed positions, the retention member works in conjunction with the engagement member of the shade to prevent the shade from translating and the retention assembly retrains at least a second portion of the shade in a vertical direction.