We, the undersigned organizations, write to reiterate our support for passage of the Generating Retirement Ownership through Long-Term Holding (GROWTH) Act of 2025 in the 119th Congress. The GROWTH Act, introduced by Senator John Cornyn (R-TX) (S. 1839) and Representatives Beth Van Duyne (R-TX) and Terri Sewell (D-AL) (H.R. 2089), would allow mutual fund investors to automatically reinvest capital gains distributions without paying taxes until they actually sell their funds, in line with other investment options. We urge Congress to help American savers by enacting the GROWTH Act.
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