Retirement Security

“We must do all we can to encourage people at all income levels to take advantage of today’s retirement savings opportunities, and Congress must make the process simpler and more beneficial to working- and lower-income-families.”

Every single American should be able to enjoy their retirement from the workforce with confidence that their needs will be met by the money they have set aside in their IRA and 401k plans as our economy changes. As a senior member of the Senate Finance Committee, I have worked across the aisle to champion reforms to incentivize Americans to save more for retirement through investing vehicles that will allow them to take advantage of the growth opportunities in our dynamic economy. I have also introduced bipartisan legislation to encourage the growth of S corporations that are owned by Employee Stock Ownership Plans to allow more of our nation’s small business owners to retire by selling their businesses to their employees.