I thank Chairman Neal and Leader Brady--what an outstanding example of bipartisan cooperation. But especially as it relates to what has amounted to a financial retirement crisis, this clearly will help aid in the work that has already been done by Chairman Neal with regard to both the SECURES Act and the Butch Lewis Act, but this even adds more flexibility and also provides an automatic opportunity for people to put money forward. I went to the Aetna School of Insurance and they said there are three legs on this table: personal savings, pension, and Social Security. This helps address the pension issue as no one can. Again, I want to commend Mr. Neal and Mr. Brady for their efforts, and point out that we have another leg on that stool that is called Social Security that Congress hasn't addressed in more than 50 years. I commend the chairman as we go through the process of markup on that as well.
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