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Fixing Retirement Gaps for Teachers and Nurses | Fort Wayne News
A new bill led by Senator Katie Britt aims to level the retirement investment playing field for teachers and hospital workers by allowing their 403(b) plans to offer cheaper, bulk-purchase investment options called CITs—currently barred by outdated securities laws. Though the SECURE 2.0 Act removed tax hurdles, it didn’t fix the legal barriers blocking these cost-saving tools. With bipartisan support in both chambers and momentum in the Senate Banking Committee, this legislation could save millions of essential workers tens of thousands over their careers by giving them more affordable…
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