Proposed
Bill · 119th Congress · S 424
Retirement Fairness for Charities and Educational Institutions Act of 2025
Refreshed 1 h ago
Introduced 2025-02-05Topic: economy jobsSummary
Summary by the Congressional Research ServiceRetirement Fairness for Charities and Educational Institutions Act of 2025 This bill allows 403(b) retirement plans (i.e., retirement plans designed for certain employees of public schools, charities, and churches) to invest in collective investment trusts, which are a group of pooled investment assets held by a bank or trust company, and in insurance company separate accounts.
Sponsors
- Katie Boyd Britt Republican sponsor
- 21 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-02-05 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2025-02-05 | Introduced in Senate | introduce |