Bill · H.R. 5748· House(119-HR-5748)
Retirement Investment Choice Act
- Introduced
- 10/14/2025
- Last activity
- 10/14/2025 — Referred to the Committee on Education and Workforce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Troy Downing
- Cosponsors
- - 5 - 0
- Introduced
- In Committee
What this bill would do
This bill is titled the "Retirement Investment Choice Act." Its primary purpose is to codify Executive Order 14330 into law. This specific Executive Order relates to democratizing access to alternative assets for 401(k) investors. By passing this act, the provisions of that order would have the force and effect of law.
Yes· 3 of 6
Would middle-income households be better off under this?+3
The bill seeks to democratize access to alternative assets specifically for 401(k) investors, which primarily benefits middle-income workers.
Would people in middle age be better off under this?+2
The bill provides middle-aged workers more diverse investment opportunities for their 401(k) retirement savings.
Would people over 65 be better off under this?+2
Increased access to alternative assets may enhance the wealth accumulation of individuals nearing or in retirement.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Access to alternative assets: The bill seeks to codify Executive Order s14330, which relates to democratizing access to alternative assets for 401(k) investors. This could provide individuals with different investment options for their retirement accounts.
Potential Negative Impacts for People
- No negative impacts mentioned: The provided text does not contain information regarding potential negative consequences or burdens.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Middle Class Households+3Good For Middle Aged+2Good For Retirees+2Good For Seniors+2
- Economy And Finance
- Improves Economic Growth+2
- Social Issues And Justice
- Improves Social Security+1
- 10/14/2025
- Referred to the Committee on Education and Workforce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 5 Cosponsors added.
- Introduced in House
Earl CarterRepublican · Georgia
Byron DonaldsRepublican · Florida
Warren DavidsonRepublican · Ohio
Barry MooreRepublican · Alabama
Marlin StutzmanRepublican · Indiana