MFA Act

HR 3383 -- Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act of 2025 -- expand access to capital and investment opportunities HR 10039/S 5204 -- SMART Savings Act -- modernize Individual Retirement Account (IRA) regulations and remove IRAs from Department of Labor (DOL) prohibited transaction rules HR 1013/S 424 -- Retirement Fairness for Charities and Educational Institutions Act of 2025 - allow 403b plans to invest in CITs and insurance separate account products HR 2696 -- Retirement Savings for Americans Act -- establish federally supported retirement savings accounts for workers who lack access to employer-sponsored retirement plans. HR 9515 (117th) -- General Accounts Product Clarifications Act -- specifies requirements for the application of the ERISA to general account policies that receive contributions from employee benefit plans HR 3942 (118th) -- Lifetime Income for Employees Act - enable use of lifetime income options within workplace retirement plans HR 6324/S 5156 -- Retirement Simplification and Clarity Act -- expand in-service rollover options by allowing individuals aged 50 and older to roll over their employee-sponsored 401(k) savings into an annuity. Issue -- Proposed Rule -- DOL Fiduciary Duties In Selecting Designated Investment Alternatives Monitoring Department of Labor -- guidance affecting fiduciary responsibilities when selecting retirement plan investment options HR 6450/S 3352 -- Retirement Rollover Flexibility Act -- allow workers to roll over savings from a Roth IRA directly into a designated Roth account within a workplace retirement plan HR 6722 -- Automatic IRA Act of 2025 -- require employers without retirement plans to facilitate automatic payroll-deduction IRAs for employees.