Financial Freedom Act of 2025

Bill 119 hr 2544, also known as the "Individual Retirement Account Investment Freedom Act," aims to prevent the Secretary of Labor from restricting the investment options available to individuals who have control over their own individual retirement accounts (IRAs). This bill seeks to ensure that participants and beneficiaries of IRAs have the freedom to choose from a wide range of investment opportunities without government interference.

The main purpose of this legislation is to protect the rights of individuals to make their own investment decisions and to have control over their retirement savings. By prohibiting the Secretary of Labor from imposing limitations on the types of investments that can be offered to IRA holders, this bill aims to promote financial independence and empower individuals to make informed choices about their retirement funds.

Overall, Bill 119 hr 2544 seeks to uphold the principles of individual freedom and financial autonomy by allowing IRA holders to have greater flexibility in managing their retirement savings. This legislation is designed to ensure that individuals have the ability to diversify their investments and pursue opportunities that align with their financial goals and risk tolerance levels.