Lets people choose more investment options for their retirement accounts they control.
This bill, called the Financial Freedom Act of 2025, would give people more choices for how they invest money in their retirement accounts where they control the assets. It would stop the Secretary of Labor from limiting the types of investments offered in these accounts, especially through self-directed brokerage windows. This means people who manage their own retirement savings could have access to a wider variety of investment options.
Today, the Secretary of Labor has the power to issue rules that could limit the types of investments available in individual retirement accounts within pension plans, especially those managed by the account holder. If this bill becomes law, the Secretary of Labor would be specifically prohibited from restricting investment options in self-directed brokerage windows, giving account holders more freedom in their choices.
HR 2544 · 119th Congress · April 1, 2025 · AI Summary by gemini-2.5-flash · 10/10
Sign in to see your representatives' phone numbers
15 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.