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Protecting Retirement Savings: Ban on Investments in Foreign Adversaries

This new law aims to protect your retirement savings by prohibiting funds from investing in companies linked to countries deemed adversaries or under sanctions. This will make your money safer and provide greater transparency regarding where your retirement funds are invested.
Key points
Retirement funds will be prohibited from investing in entities from countries deemed foreign adversaries or under sanctions.
Funds will be required to disclose information about any existing investments in such entities, increasing transparency.
Existing investments in prohibited entities may be held under certain conditions, but new investments are forbidden.
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Status: Introduced
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Additional Information
Print number: 119_HR_2067
Sponsor: Rep. Moolenaar, John R. [R-MI-2]
Process start date: 2025-03-11