Supporting the Secure Act

Floor Speech

Date: May 23, 2019
Location: Washington, DC

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Ms. SEWELL of Alabama. Madam Speaker, I rise today in support of the Setting Every Community Up for Retirement Enhancement Act--The SECURE Act.

Almost 60 percent of Americans do not have any retirement account assets. That means they haven't put away a single dollar for retirement. Not one.

The SECURE Act includes many provisions to expand opportunities for Alabamians to increase their retirement savings.

The bill: makes it easier for small businesses to offer retirement plans to their employees; provides retirement benefit opportunities to home care workers; allows long-time, part-time workers to participate in a 401(k) plan; and much more.

Also included in the SECURE Act is a provision that I introduced with my colleagues earlier this month. It will deliver an urgently-needed fix for Gold Star military families who saw a drastic tax hike as a result of the Republican tax bill.

The SECURE Act goes a long way in ensuring that Americans get the economic security they deserve, and I urge my colleagues to vote ``yes.''

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