S 424
Retirement Fairness for Charities and Educational Institutions Act of 2025
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.
Bill status
- Status
- In committee
- Sponsor
- Sen. Katie Boyd Britt [R-AL]
- Cosponsors
- 19
- Policy area
- Finance and Financial Sector
- Introduced
- 2025-02-05
- Latest action
- 2025-02-05: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee referrals
Recent actions
- 2025-02-05: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-02-05: Introduced in Senate