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).

Sponsor
Sen. Britt, Katie Boyd [R-AL]
Independent · AL
Cosponsors (19)
Sen. WarnockSen. CassidySen. PetersSen. HagertySen. CrapoSen. RosenSen. TillisSen. CoonsSen. CramerSen. Rounds+9 more

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