S 424
119th Congress
Senate
Finance and Financial Sector
Employee benefits and pensions
Financial services and investments
Government employee pay, benefits, personnel management
Religion
Social work, volunteer service, charitable organizations
Retirement Fairness for Charities and Educational Institutions Act of 2025
Introduced: February 5, 2025
Introduced by:
Britt, Katie Boyd
Republican
· Alabama
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 5, 2025
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.