Back to all bills
S 1222119th CongressIntroduced
Financial Freedom Act of 2025
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
The Financial Freedom Act prohibits the Secretary of Labor from constraining investment options in self-directed individual retirement accounts, expanding investment choices for retirement savers.
Key Points
- 1Prevents Labor Department from restricting IRA investment types
- 2Allows broad range of investment alternatives in self-directed accounts
- 3Prohibits regulations constraining brokerage window investments
- 4Maintains fiduciary duty requirements for plan sponsors
- 5Applies to pension plans with individual account control provisions
Impact Areas
Individual retirement account holdersPlan fiduciaries and sponsorsFinancial services industryDepartment of Labor regulationsRetirement investment markets
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025