Bill · H.R. 1013· House(119-HR-1013)

Retirement Fairness for Charities and Educational Institutions Act of 2025

Age: 66 years

Oklahoma

Introduced: 2/5/2025
Last activity: 11/28/2025 — Placed on the Union Calendar, Calendar No. 340.
Sponsored by: Frank Lucas
Cosponsors: - 5 - 19

Finance and Financial Sector

Introduced
On Calendar

What this bill would do

The Retirement Fairness for Charities and Educational Institutions Act of 2025 seeks to amend several Federal securities laws. The primary focus of the bill is to enhance 403(b) plans. It introduces specific amendments to the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934. These changes include new criteria for plans and collective trust funds. The bill also includes conforming amendments to ensure consistency across different sections of the law.

Yes· 3 of 4

Does this give people more protection from unfair business practices?+5
The bill enhances consumer protection by establishing fiduciary responsibilities for employers managing 403(b) investment options.
Would people over 65 be better off under this?+4
The bill enhances 403(b) retirement plans, which provides more security for individuals planning for retirement.
Would retired people be better off under this?+4
The bill strengthens 403(b) retirement plans through increased fiduciary duties and investment oversight.