ACCF Applauds Passage of SECURE Act as Part of 2020 Spending Bill

WASHINGTON, DC – The American Council for Capital Formation (ACCF) praised lawmakers today for their bipartisanship in including the Setting Every Community Up for Retirement Enhancement (SECURE) Act as part of the 2020 omnibus spending bill.  ACCF Senior Vice President and Chief Economist Dr. Pinar Çebi Wilber issued the following statement:

“The SECURE Act is much needed legislation that will finally begin to modernize our retirement system.  Research over the years show that access to workplace retirement savings is essential to build a healthy retirement nest egg. The Secure Act will make it easier especially for smaller firms to provide retirement benefits to their employees.  Lawmakers should be praised for their bipartisanship in passing this important bill and jump-starting savings and investment among Americans.”