H.R. 7780, known as the "Safeguarding Investment Options for Retirement Act," aims to amend the Internal Revenue Code of 1986. It prohibits certain retirement plans from making investment decisions based on factors other than financial risk and return. The bill mandates that the assets in...
Simple Explanation
H.R. 7780 is a plan to make sure that when people save money for retirement, the money is only invested based on if it can make more money, not based on other things like helping the environment.