To amend the Internal Revenue Code of 1986 to prohibit certain retirement plans from making investment decisions on the basis of factors other than financial risk and return factors.
Safeguarding Investment Options for Retirement Act
This bill prohibits tax-exempt retirement plans (e.g., 401ks) from making investment decisions based on factors other than financial risk and return factors.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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