HR 2544 ยท Financial Freedom Act of 2025
Referred to the House Committee on Education and Workforce.
- Introduced
- Apr 1, 2025
- Latest action
- Apr 1, 2025
- Sponsor
- Rep. Byron Donalds [R-FL-19]
- Policy area
- Labor and Employment
- Cosponsors
- 0
Summary
Financial Freedom Act of 2025 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.
Recent actions
- Apr 1, 2025 Referred to the House Committee on Education and Workforce.
- Apr 1, 2025 Introduced in House
- Apr 1, 2025 Introduced in House
Votes
No recorded votes are available for this bill.