S. 424: Retirement Fairness for Charities and Educational Institutions Act of 2025

S. 424 is a federal bill in the 119th Congress. Employees of public schools, charities, and churches currently face limits on how their workplace retirement savings can be invested, as their options are restricted primarily to annuities and mutual funds. This bill changes the rules by allowing 403(b)… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.