CONGRESS FOR VOTERS

Katie Britt (R-AL)

Retirement Fairness for Charities and Educational Institutions Act of 2025

S. 424 · Senate bill Finance and Financial Sector

A Republican bill with 9 Democratic cosponsors · See all 21 cosponsors

Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Retirement Fairness for Charities and Educational Institutions Act of 2025," aims to amend Federal securities laws. The primary focus is on enhancing 403(b) plans. It seeks to make specific amendments to the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934. These changes involve how certain plans are defined and treated under existing law. The legislation includes provisions regarding employer fiduciary duties and the review of investment alternatives.

Yes· 3 of 6

  • Scored +5

    Does this give people more protection from unfair business practices?

    The bill increases consumer protection by requiring employers to serve as fiduciaries for the selection of 403(b) investment options.

  • Scored +4

    Would people over 65 be better off under this?

    The bill enhances the protections and oversight of retirement plans that seniors rely on for future income.

  • Scored +4

    Would retired people be better off under this?

    The bill strengthens the oversight of investment options within retirement plans, benefiting those planning for retirement.

The opposite

No question was scored the opposite.