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More Investment Freedom for Retirement Savings

This act aims to give citizens more freedom in choosing how to invest their retirement money. It allows for a broader range of investment options in individual retirement accounts, providing greater control over personal savings.
Key points
Increased Investment Choice: You can choose from a wider variety of investment options for your retirement savings.
No Government Restrictions: The government will not be able to limit the types of investments available through "self-directed brokerage windows" in retirement plans.
Greater Control Over Your Money: You have more control over how your retirement money is invested.
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Additional Information
Print number: 117_HR_7860
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2022-05-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Financial Freedom Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7860.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-20.

What are the main provisions?

Key points include:

  • Increased Investment Choice: You can choose from a wider variety of investment options for your retirement savings.
  • No Government Restrictions: The government will not be able to limit the types of investments available through "self-directed brokerage windows" in retirement plans.
  • Greater Control Over Your Money: You have more control over how your retirement money is invested.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Donalds, Byron [R-FL-19].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Education and Labor.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

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