H.R. 1013
Allows 403(b) plans to invest in pooled trusts
Lets 403(b) retirement plans for public school, charity, and church employees invest in pooled trusts and insurance company separate accounts.
- Applies to retirement plans for public school, charity, and church employees
- Lets these plans invest in collective investment trusts, which pool assets held by a bank or trust company
- Also lets these plans invest in insurance company separate accounts
Cleared committee · Awaiting a floor vote