Financial Freedom Act of 2022
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 20, 2022)
Financial Freedom Act of 2022
This bill prohibits the Department of Labor from limiting the type or range of investments that fiduciaries may offer participants and beneficiaries in certain employer-sponsored retirement plans. The bill applies to certain defined contribution plans that permit participants or beneficiaries to exercise control over the assets in the account, such as a 401(k) plan that allows participants or beneficiaries to select additional investment options through a self-directed brokerage window.
What just happenedMay 20, 2022
Referred to the House Committee on Education and Labor.
Who’s behind it
- Introduced in HouseMay 20, 2022
- May 20, 2022IntroReferralH11100
Referred to the House Committee on Education and Labor.
Education and the Workforce Committee - May 20, 2022IntroReferralIntro-H
Introduced in House
- May 20, 2022IntroReferral1000
Introduced in House