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Search Results: keywords:"403(b) plans"

  • H.R. 2799, titled the "Expanding Access to Capital Act of 2023," aims to improve the U.S. capital markets by introducing reforms that enhance investment opportunities and streamline regulations. The bill focuses on strengthening public markets, supporting small businesses, expanding access to...

    Simple Explanation

    The "Expanding Access to Capital Act of 2023" is a plan to help businesses and investors by making it easier to invest and grow money, like setting new rules for how much money big companies and small investors can have, but some people worry it might be more helpful to bigger companies and trickier to understand for everyone.

  • The bill, known as the “Retirement Fairness for Charities and Educational Institutions Act of 2025,” aims to amend federal securities laws to improve 403(b) retirement plans, which are commonly used by employees of public schools and certain non-profit organizations. It revises the Investment...

    Simple Explanation

    The bill wants to change how some teachers and charity workers save money for when they are older by making their savings plans better and safer. It tries to make more options available and help protect the money they save.

  • S. 424 aims to amend federal securities laws to improve 403(b) plans, which are retirement savings plans often used by employees of non-profit organizations and public educational institutions. The bill introduces changes to the Investment Company Act of 1940, the Securities...

    Simple Explanation

    S. 424 wants to make special retirement savings plans, called 403(b) plans, better for people who work at schools or non-profits by making sure the people in charge choose safe places to invest the money.