Kevin Brady: “First, I include in the Record a number of letters and documents in support of SECURE 2.0. Among a litany of letters…”

“First, I include in the Record a number of letters and documents in support of SECURE 2.0. Among a litany of letters advocating for swift passage, there are four I would like to include. These letters are led by the Employee- owned S Corporations of America, the American Benefits Council, the American Retirement Association, and the Investment Company Institute, all of which were invaluable members in crafting this bipartisan legislation. Employee-Owned S Corporations of America, Washington, DC, March 24, 2022. Hon. Richard Neal, Chairman, Committee on Ways & Means, Washington, DC. Hon. Kevin Brady, Ranking Member, Committee on Ways & Means, Washington, DC. Dear Chairman Neal and Ranking Member Brady: Employee-Owned S Corporations of America (``ESCA'') applauds your efforts to advance the bipartisan Securing a Strong Retirement Act. We are particularly supportive of the inclusion of a key provision reflecting themes of legislation introduced by Committee members Ron Kind and Jason Smith to encourage the creation of more private, employee-owned businesses. We thank you for recognizing the value of S corporation ESOPs to worker retirement savings, and for reflecting that recognition in your important legislation. ESCA is the national voice for employee-owned S corporations, and its exclusive mission is to preserve and promote employee-owned S corporations and the benefits provided to their employee-owners.…”