Political Quotes

On the recordMarch 29, 2022
I am glad we are finally considering SECURE 2.0, which will help every American family save. The Savers Credit improvements in this bill will help low-income families start putting aside money for the future, certainly a key to getting out of poverty. The enhanced credit for small employers offering retirement plans will help more businesses offer plans, an important factor in recruiting and retaining talent. New tools--like allowing employers to match workers' student loan repayments with retirement contributions--eliminate the need for young workers to choose between paying their debt or saving for retirement. Provisions like enhanced catch-up contributions and delaying required minimum distributions until age 75 will help older workers have more control as they near retirement. This is a strong package for savers of all ages. Madam Speaker, I thank the chairman and the ranking member for their efforts to get this to the floor and I certainly urge support.
Said by
Adrian Smith
Republican · Nebraska
Source
govinfo.gov
Mar 29, 2022

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