By Greenville Reporter |
Mar 21, 2024
Washington, D.C. — Today, Congressman Greg Murphy, M.D. introduced the Safeguarding Investment Options for Retirement Act, a bill aimed at prohibiting tax-advantaged retirement plan trustees from considering factors other than financial risk and return when making investment decisions on behalf of workers, retirees, and their beneficiaries."Retirement plans, like 401ks, that are tax-advantaged to help individuals save for retirement should be managed to maximize return, not to invest in risky holdings like those propped up by ESG factors," said Congressman Greg Murphy,...