Code · STATUTE-COMPILATIONS · Smart Savings Act · Sec. 3

Sec. 3. CLARIFICATION OF FIDUCIARY PROTECTIONS

64 words·~1 min read·/statute-compilations/comps-11429/sec-3

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## SEC. 3 CLARIFICATION OF FIDUCIARY PROTECTIONS Section 8477(e)(1)(C)(ii) of title 5, United States Code, is amended— ####

(1)in subclause (II)— #####

(A)by inserting “or beneficiary” after “participant”; and #####

(B)by inserting “or option” after “fund”; and ####

(2)in subclause (III)— #####

(A)by inserting “or beneficiary” after “participant”; and #####

(B)by inserting “or beneficiaries’ ” after “participants’ ”.