S. 4973 · 117th Congress · Senate

Retirement Savings Modernization Act

Active· Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Introduced
Sep 28, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.