S 424 · Retirement Fairness for Charities and Educational Institutions Act of 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- Feb 5, 2025
- Latest action
- Feb 5, 2025
- Sponsor
- Sen. Katie Boyd Britt [R-AL]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 19
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.
Recent actions
- Feb 5, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Feb 5, 2025 Introduced in Senate
Votes
No recorded votes are available for this bill.