The GROWTH Act Information

The Act

The Generating Retirement Ownership Through Long-Term Holding Act of 2025, or The GROWTH Act, aims to empower American investors by allowing them to defer capital gain taxes on mutual fund investments, promoting long-term savings and financial security.

Background

Investors holding mutual funds outside tax-advantaged accounts are taxed each year on fund distributions even if they don’t sell their shares, putting them at a disadvantage compared with other investors. The 2025 GROWTH Act would allow these investors to reinvest capital-gain distributions without incurring immediate taxes, helping protect their savings. 

Empowering Mutual Fund Shareholders

This bill would let mutual fund investors postpone paying capital gains taxes until they leave the fund or sell their shares. By enabling investors to reinvest capital-gain distributions without immediate tax consequences, it would allow their savings to compound more effectively and encourage long-term investing—without the concern of surprise tax bills.

Take Action

1. Locate your members of Congress by clicking here. A friendly reminder, you have two Senators and one Representative. 
2. Send their office a letter asking them to cosponsor the GROWTH Act.
3. Share your advocacy with your social media channels and verbally to friends and family who can also take action.

Reminder: You may send your letter to both Senators and your Representative. Keep your message clear and concise.

Let's make a change to help maximize your long-term investments!