S 4973 · 117th Congress · Labor and Employment
Retirement Savings Modernization Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.(2022-09-28)
Plain Language Summary
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Retirement Savings Modernization Act This bill specifies that fiduciaries for employee-sponsored retirement plans are permitted to diversify a plan's investments across certain asset classes, such as digital assets, hedge funds, private equity, and venture capital.…
Summarized by Claude AI · Non-partisan · For informational purposes only