Testimony on Understanding Brokerage Windows in Self-Directed Retirement Plans

This document is about the testimony of W. Frank Porter, a participant who utilizes a self-directed brokerage window in his 401(k) plan. He discusses how the brokerage window allows him to customize his portfolio to meet his long-term investment objectives, including accumulating wealth for retirement and managing the transition to the decumulation phase. He cautions against additional disclosures or monitoring requirements that could lead plan sponsors to cease offering brokerage windows.