Retirement
With Americans living longer, healthier, and more active lives, retirement planning and saving are more important than ever. Through employer-sponsored retirement plans, businesses can provide benefits to help support the long-term financial security of their employees.
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Our Work
The U.S. Chamber works to make it easier for employers to provide retirement plans and financial wellness programs for their employees. Working closely with leaders on Capitol Hill and key federal agencies, we advocate for legislation and regulations that ease administrative burdens and promote innovation in plans and services.
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Congress should work towards ways to make it easier for Americans to save for retirement.
To honor American workers on Labor Day, and each day, we must advance a robust free enterprise system.
On August 25, 2017, the U.S. Chamber of Commerce submitted comments to the Pension Benefit Guaranty Corporation in response to the agency's request for information on Regulatory Planning and Review of Existing Regulations.
On August 16, 2017 the Chamber submitted comments to the Employee Benefits Security Administration in response to the agency's Request for Information on the Fiduciary Rule. The comments outline the effects of the Fiduciary Rule and highlight recommended changes necessary to protect the interest of retirement investors.
On August 15, 2017 the U.S. Chamber of Commerce submitted a comment letter to request an extension of the comment period for the Exposure Draft on the proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA (Exposure Draft) issued April 20, 2017 by the American Institute of Certified Public Accountants.
On August 11, 2017, the U.S. Chamber of Commerce submitted comments in response to the Pension Benefit Guaranty Corporation's request for feedback on the draft Fiscal Year 2018-2022 Strategic Plan.
On July 18, 2017, the Chamber, along with several trade associations sent this letter to all members of the U.S. House of Representatives in support of H.R. 2030, the Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (the "SEAL Act"). The SEAL Act, makes a constructive change to the 401(k) plan loan system by providing flexibility to loan repayment and hardship withdrawal rules regarding 401(k) plans.
On July 17, 2017, the U.S. Chamber of Commerce submitted this letter to Senate Finance Committee Chairman Orrin Hatch in response to his June 16, 2017 letter that requested feeback from industry stakeholders on comprehensive tax reform.