Now’s the Time for the SECURE Act

Dec 6, 2019

Many have urged passage of the SECURE Act this year. A bipartisan victory here would benefit millions of everyday Americans.

Here’s what leaders and stakeholders are saying:

“Passage of this legislation will strengthen retirement savings and offers an opportunity for lawmakers to help workers, families, and small businesses.” – Alexander Hendrie, ATR

“The SECURE Act as a whole is a big net winner for the overwhelming majority of Americans. The sooner Congress passes it, the better.” – Ryan Ellis, Center for a Free Economy

“As an organization dedicated to serving veterans, we applaud members of Congress who have supported the SECURE Act. It overwhelmingly passed the U.S. House of Representatives 417-3.  We encourage the U.S. Senate to bring this bill up for a vote and do likewise.” – Kevin Eck, York County (PA) Veterans Outreach

“The SECURE Act passed the House with overwhelming bipartisan support, and now it’s up to the Senate to act. It is the key to the future for the employees and small businesses that make our economy successful.” – 10 Iowa Chambers of Commerce

“The SECURE Act makes it easier for small businesses to band together to offer retirement plans, enables part-time workers to participate in 401(k) plans, and raises the required distribution age for individual retirement accounts from 70 ½ to 72. Additionally, the SECURE Act allows employers who offer retirement plans with automatic enrollment to be eligible for tax credits.” – NTU

“On behalf of small business owners and the millions of workers they support, I urge the Senate to make passage of the SECURE Act a priority.” – Rep. Steve Chabot (R-OH)

“There are not many examples of the sort of bipartisanship [we saw] on the SECURE Act that you can look to. ” – House Ways and Means Chairman Richard Neal (D-MA)

“The Secure Act passed the House nearly unanimously, and I know the support in the Senate can be just as strong. That’s why the time is now to pass this legislation and ensure that every American has the opportunity to save for a well-deserved retirement.” – Sen. Rob Portman (R-OH)

Joyce Meyer

Joyce Meyer was Executive Vice President, Government Relations at the American Council of Life Insurers (ACLI). Meyer was responsible for overseeing ACLI’s federal, state, and international advocacy with a special focus on the financial and retirement security ACLI member companies provide to the families they serve.