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S. 424

BillFederalSenateIn Committee
Retirement Fairness for Charities and Educational Institutions Act of 2025
About This Bill
Committee
Latest Action · February 5, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
119th (2025–2027)
Introduced
February 5, 2025
Cosponsors (20)
9D 11R
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Summary

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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.

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