S. 424 · 119th Congress
Retirement Fairness for Charities and Educational Institutions Act of 2025
In committee
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Bill details
Introduced: 2/5/2025
Current status: In committee
Introduced by: Katie Boyd Britt (R · AL)
Bill ID: 119s424
Latest official action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill overview
A neutral overview based on official congressional sources.
Introduced in Senate
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.
Source: BILLSUM · Summary date: 2/5/2025
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