S 424
Official Title: A bill to amend the Federal securities laws to enhance 403(b) plans, and for other purposes.
Introduced: 02/05/2025
Passed House:
Passed Senate:
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.
Action(s):
- 02/05/2025 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 02/05/2025 - Introduced in Senate
Bill Details
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Retirement Fairness for Charities and Educational Institutions Act of 2025
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Senate
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Congress Number: 119
