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S. 424 · 119th Congress

Retirement Fairness for Charities and Educational Institutions Act of 2025

Introduced / in committeeCivil rightsEconomy

Details

Sponsor
Katie Boyd Britt (R)
Introduced
2025-02-05
Origin
Senate
Policy area
Finance and Financial Sector
Latest action
2025-02-05 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cosponsors
21

congress.gov

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.

CRS summary — Introduced in Senate (2025-02-05)