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.