S 424
119th Congress
Senate
In Committee
Retirement Fairness for Charities and Educational Institutions Act of 2025
Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · Feb 5, 2025
View full text on Congress.gov ↗ Policy area: Finance and Financial Sector
Legislative Summary
Retirement 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.
Source: Congressional Research Service (CRS).
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