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United States · Bill · S

S. 4147 (117th)

Financial Freedom Act of 2022

referredUnited States· United States Congress· EN

Introduced

5 May 2022

Last action

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

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.

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Documents

3 official files

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Sources

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