S. 4973 · 117th Congress
Retirement Savings Modernization Act
- Stage
- In committee
- Sponsor
- Pat Toomey
- Introduced
- 2022-09-28
- Latest action
- 2022-09-28 · Introduced in Senate
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.