Congressman Schweikert Releases Statement on the Securing a Strong Retirement Act

Letter

Today, Congressman David Schweikert (AZ-06) released the following statement after the Securing a Strong Retirement Act passed the House of Representatives.

"One of the most important things Congress can do is ensure retirement security for all Americans," said Rep. Schweikert. "This bill, the Securing a Strong Retirement Act, will do just that. I am proud to have led legislation included in this package that increases the catch-up contribution limit to $10,000 for individuals aged 62, 63, and 64, and allow small businesses to decide how much to set aside in a 401(k) when they are preparing their tax return, rather than at the end of the year."

"Through the Securing a Strong Retirement Act, we will help more people save for retirement regardless of their career stage, provide small businesses an opportunity to set up retirement plans for their employees, and ensure peace of mind for the millions of Americans gearing up for retirement."

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