# 119-s-3083: Providing Complete Information to Retirement Investors Act

119-s-3083, Providing Complete Information to Retirement Investors Act, is a 119th Congress bill sponsored by Sen. Banks, Jim [R-IN] (R-IN); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-3083
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3083
- Congress: 119
- Title: Providing Complete Information to Retirement Investors Act
- Status: introduced
- Introduced: 2025-10-30
- Sponsor: Sen. Banks, Jim [R-IN] (R-IN)
- Cosponsors: 1
- Policy area: Labor and Employment
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Requires clear warnings and return projections before participants use brokerage windows in retirement plans.** - Participants and beneficiaries would have to see and acknowledge a four-part notice before directing money into a brokerage window. The notice must warn about higher fees and risks and include a graph projecting retirement balances at age 67 under three return scenarios. - Plan fiduciaries would still designate and prudently monitor a set of plan investment alternatives. The bill defines "designated investment alternative" and explicitly excludes brokerage windows and similar self-directed arrangements from that definition. - Plan administrators would need to implement the required notice and acknowledgement process by January 1, 2026.

## Cosponsors (1)

- Sen. Cassidy, Bill [R-LA] (R-LA), 2025-10-30T00:00:00.000Z

## Provisions PRIA read

- New rules for retirement brokerage windows: mixed, medium. This bill would require pension plans with brokerage windows or self-directed accounts to give a written four-part notice and get your acknowledgement each time you move money into, out of, or within those accounts. The notice would say the plan’s designated investments are prudently chosen and mon…

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-1748: Kids Online Safety Act
- 119-s-1992: Veterans Appeals Efficiency Act of 2025
- 119-s-292: Educational Choice for Children Act of 2025
- 119-s-124: Restore VA Accountability Act of 2025
- 119-s-3752: SAVE America Act

## Sources
- [119-s-3083 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3083)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-1992: Veterans Appeals Efficiency Act of 2025](https://policyrisk.com/legislation/119-s-1992)
- [119-s-292: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-s-292)
- [119-s-124: Restore VA Accountability Act of 2025](https://policyrisk.com/legislation/119-s-124)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3083 (as of 2026-04-21).