HR 2988
Protecting Prudent Investment of Retirement Savings Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 1:27 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Protecting Prudent Investment of Retirement Savings Act updates rules for retirement plan fiduciaries, primarily focusing on how they make investment decisions. It requires fiduciaries to base investment choices on ‘puniary factors’ (financial benefits) and limits the use of non-financial considerations. The bill also prohibits discrimination in selecting service providers, establishes rules for exercising shareholder rights, and mandates clear disclosures to participants about investment options, particularly in brokerage windows. It aims to ensure retirement savings are managed responsibly and in the best interests of participants.
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