NAGDCA’s Legislative Priorities
NAGDCA advocates for a list of federal legislative priorities, developed by the Legislative Committee and the Executive Board with the advice and support of the legislative affairs team and staff. NAGDCA’s legislative priorities represent solutions to the most pressing federal policy and technical problems facing NAGDCA’s members.
The Executive Board presents the priorities annually in small group meetings with key legislators and their staff on Capitol Hill, to ensure that the voice of all NAGDCA members is heard at the federal level.
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Legislative Priorities
PROTECT AND ENHANCE GOVERNMENTAL DEFINED CONTRIBUTION PLAN FEATURES
Protect Retirement Plan Features During Tax Reform
Congress must preserve key DC plan features—including the pre-tax deferral option and special catch-up provisions for 457(b) and 403(b) plans. NAGDCA strongly opposes “Rothification” and urges lawmakers to safeguard retirement savings incentives in any tax reform efforts.
Prompt Guidance on SECURE 2.0 Implementation
Timely guidance is essential to help government plans implement SECURE 2.0 provisions—especially for Roth catch-ups and student loan matches. Treasury must issue outstanding guidance quickly to avoid compliance issues and confusion.
Expand Investment Options for 403(b) Plans
Congress should allow 403(b) plans to offer Collective Investment Trusts (CITs) and separate accounts—investment vehicles available in other DC plans. This change would reduce costs, enhance flexibility, and improve participant outcomes.
ADDITIONAL PRIORITIES:
Clarify Leave Conversion Rules
Support clarifications to allow employees to contribute unused leave balances to their retirement plans at separation, improving retirement readiness and plan consistency.
Improve Roth Portability
Allow Roth IRA assets to be rolled into 457(b), 401(k), and 403(b) plans to streamline savings and reduce participant fees.
Expand Charitable Giving Flexibility
Permit Qualifying Charitable Distributions (QCDs) directly from governmental DC plans—eliminating the need to roll assets to IRAs for this purpose.
Support National Retirement Security Month (NRSM)
Encourage House and Senate resolutions designating October as NRSM to help promote retirement planning and education across the country.
