Here's a recap of what Republicans achieved on the House floor this week:

Expanding Retirement Options for Teachers and Nonprofit Workers ✅

Teachers, nurses, firefighters, and nonprofit employees work hard to serve their communities and deserve the same opportunities to prepare for retirement that other American workers enjoy. Current securities laws restrict workers with 403(b) retirement plans from accessing certain lower-cost investment options available to those with 401(k) plans.

These restrictions can limit investment choices and make it harder for workers to maximize their retirement savings. Expanding these options will ensure that Americans who dedicate their careers to serving others will have greater opportunities to build a secure financial future.

This week, House Republicans advanced legislation to expand investment options, promote greater consistency among retirement plans, and help hardworking Americans prepare for retirement.

Rep. Frank Lucas’s bill, H.R. 1013, the Retirement Fairness for Charities and Educational Institutions Act of 2025, allows workers with 403(b) plans to access additional investment options available through other retirement plans, including 401(k)s.

“Hardworking public servants with 403(b) plans should have access to the same investment options available to private sector plans so they can better prepare for retirement and provide for their families,” said Representative Lucas. “I am grateful that the House has passed the Retirement Fairness for Charities and Educational Institutions Act, and I urge the Senate to swiftly take up and pass this bill to send it to President Trump’s desk.” 

What Members Said:

Rep. Mike Haridopolos applauded the passage of this important legislation which expands investment options for hardworking Americans. 
 

The Republican Study Committee noted the legislation provides greater retirement opportunities for nonprofit employees.