Install
Retirement Fairness for Charities and Educational Institutions Act of 2025
A bill to amend the Federal securities laws to enhance 403(b) plans, and for other purposes.
- Introduced
- Committee
- Passed Senate
- Passed House
- To President
- Became law
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.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Feb 5, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 5, 2025 Introduced in Senate
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