Search Results for keywords:"sanctioned entities"

Search Results: keywords:"sanctioned entities"

H. R. 2067 — To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.
March 11, 2025
Status:Introduced in House
Congress:119
Words:1,959
The Protecting Americans’ Retirement Savings Act aims to limit the types of investments that retirement plans in the U.S. can make. It prohibits these plans from investing in entities considered foreign adversaries or that are under U.S. sanctions. The act also requires plans...
Simple Explanation
The Protecting Americans’ Retirement Savings Act wants to stop U.S. retirement plans from putting money into companies that are seen as enemies or are being punished by the United States. It also says these plans have to tell everyone if they already have money in these kinds of companies.
S. 928 — To amend the Employment Retirement Income Security Act of 1974 to prohibit plan investments in foreign adversary and sanctioned entities, require disclosure of existing investments in such entities, and for other purposes.
March 11, 2025
Status:Introduced in Senate
Congress:119
Words:1,974
The Protecting Americans’ Retirement Savings Act aims to change existing rules so that retirement plans cannot invest in certain foreign adversary or sanctioned entities. The bill requires plans to disclose any current investments they have in these entities and outlines...
Simple Explanation
The Protecting Americans’ Retirement Savings Act is a rule that says people who manage retirement money can't put it into companies from certain other countries that aren't friends with the U.S. and have to tell everyone if they already have money there. It tries to keep retirement money safe by making sure it's not with bad guys.

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