BREAK IN TRANSCRIPT
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.''
BREAK IN TRANSCRIPT