# 114-hr-3922: Retirement Choice Protection Act of 2015

114-hr-3922, Retirement Choice Protection Act of 2015, is a 114th Congress bill sponsored by Rep. Kelly, Mike [R-PA-16] (R-PA); status Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3922
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3922
- Congress: 114
- Title: Retirement Choice Protection Act of 2015
- Status: Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.
- Introduced: 2015-11-04
- Sponsor: Rep. Kelly, Mike [R-PA-16] (R-PA)
- Cosponsors: 1
- Policy area: Labor and Employment
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Retirement Choice Protection Act of 2015 This bill amends Reorganization Plan No. 4 of 1978 to transfer from the Department of Labor to the Department of the Treasury regulatory authority for Individual Retirement Accounts (IRAs), retirement annuities, Simplified Employee Pensions, and Simple IRAs. The bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to establish a best interest standard for fiduciaries who provide advice to investors in IRAs and plans not subject to ERISA. The best interest standard allows a financial advisor to make investment recommendations and receive compensation with respect to certain financial products, including proprietary products, if such advisor makes certain required disclosures.

## Cosponsors (1)

- SAM JOHNSON (R-TX), 2015-11-04T00:00:00.000Z

## Related bills

- 114-hr-5945: Ready to Work Act of 2016
- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-5320: Social Security Must Avert Identity Loss (MAIL) Act of 2016
- 114-hr-4956: End Executive Overreach Act
- 114-hr-4924: Prenatal Nondiscrimination Act (PRENDA) of 2016
- 114-hr-4773: Protecting Workplace Advancement and Opportunity Act

## Sources
- [114-hr-3922 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3922)

## Related
- [114-hr-5945: Ready to Work Act of 2016](https://policyrisk.com/legislation/114-hr-5945)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-5320: Social Security Must Avert Identity Loss (MAIL) Act of 2016](https://policyrisk.com/legislation/114-hr-5320)
- [114-hr-4956: End Executive Overreach Act](https://policyrisk.com/legislation/114-hr-4956)
- [114-hr-4924: Prenatal Nondiscrimination Act (PRENDA) of 2016](https://policyrisk.com/legislation/114-hr-4924)
- [114-hr-4773: Protecting Workplace Advancement and Opportunity Act](https://policyrisk.com/legislation/114-hr-4773)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3922 (as of 2025-11-18).