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House Passes INVEST Act to Enhance 403(b) Investment Options

12/13/2025

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Story summary
  • The House approved the INVEST Act by a 302-123 vote to allow 403(b) retirement plans to invest in collective investment trusts.
  • The bill is bipartisan and aims to strengthen capital markets, create parity between 401(k) and 403(b) plans, and now awaits Senate approval before reaching U.S. President Donald Trump.
  • Proponents say 403(b) participants should have access to the same investment options and pricing as 401(k) participants.