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S. 1222 — Financial Freedom Act of 2025 — Project Euthyna

The public record · 119th Congress

Financial Freedom Act of 2025

This bill prohibits the Department of Labor from limiting the type or range of investments that fiduciaries may offer participants and beneficiaries in certain employer-sponsored retirement plans. The bill applies to certain defined contribution plans that permit participants or beneficiaries to exercise control over the assets in the account, such as a 401(k) plan that allows participants or beneficiaries to select additional investment options through a self-directed brokerage window.

Other titles

the names this measure carries besides the one at the top of this page, each with the record's own label for it. The collection includes titles given to parts of a bill as well as to the whole.

A bill to prohibit the Secretary of Labor from constraining the range or type of investments that may be offered to participants and beneficiaries of individual retirement accounts who exercise control over the assets in such accounts.Official Title as Introduced

Financial Freedom Act of 2025Short Title(s) as Introduced

Legislative history

S. 1222·Senate·Bill·Labor and Employment

Sen. Tommy Tuberville(Republican-Alabama)·

Apr 1, 2025

SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions.

Documents

Everything Congress printed about this measure. A bill is reprinted each time it changes, the Congressional Research Service summarizes each version, and the committee that reports a bill files its own written account of it.

Bill text

Apr 1, 2025As introduced in the Senate

Plain-language summaries

Apr 1, 2025Introduced in Senate

Where it stands

In committee — the Senate

On the floor — the Senate

In committee — the House

On the floor — the House

Resolving differences

With the President

Became law

Path for a Senate bill