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.
The aging population is one of the largest demographics in the U.S. and accounts for a number of economic shifts. Here are four ways aging is changing in light of the COVID-19 pandemic.
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.
Small business advice from CO—
- Small BusinessCO— Start. Run. Grow. Staying Connected in a Hybrid WorldThursday, August 1112:00 PM EDT - 01:00 PM EDT
- International47th India Ideas SummitTuesday, September 06 - Wednesday, September 0712:00 AM EDT - 12:00 AM EDT
- SpaceU.S. Chamber of Commerce Global Aerospace SummitWednesday, September 14 - Thursday, September 1502:00 PM EDT - 05:00 PM EDT
- Apr 05, 2017Smart Move. Labor Department Delays Fiduciary Rule for 60 Days. The Obama administration rule would limit access to retirement investment advice for small businesses and their workers.
- Mar 29, 2017Joint Comment Letter to the IRS Regarding the Proposed Rule on Mortality Tables for Determining Present Value Under Defined Benefit Plans
On December 29, 2016, the IRS issued a proposed rule on Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans to update the requirements that a plan sponsor must meet to obtain IRS approval when using mortality tables specific to the plan for minimum funding purposes instead of generally applicable tables. In response, the U.S. Chamber of Commerce and the National Association of Manufacturers submitted a joint comment letter on March 29, 2017.
- Mar 27, 2017Statement on Cafeteria Plans for the Hearing before the Subcommittee on Economic Growth, Tax and Capital Access
The U.S. Chamber of Commerce submitted a statement for the record to the House Small Business Committees’ Subcommittee on Economic Growth, Tax and Capital Access for the hearing titled, Cafeteria Plans: A Menu of Non-Options for Small Business Owners that was held on March 16, 2017.
Cafeteria Plans: A Menu of Non-Options for Small Business Owners
- Mar 15, 2017Comment Letter to DOL on the Delay of the Fiduciary Rule Applicability Date
On March 13, 2017, U.S. Chamber of Commerce and the Center for Capital Markets Competitiveness sent this letter to the Department of Labor regarding the department's proposed regulation to delay the applicability date from April 10, 2017 to June 9, 2017.
- Mar 15, 2017Comment Letter to ERISA Advisory Council on 2017 Recommendations for Review
March 15, 2017
Submitted via e-mail to Larry Good: email@example.com
Executive Secretary, ERISA Advisory Council
Frances Perkins Building
U.S. Department of Labor
200 Constitution Avenue, NW
Washington, DC 20210
Re: Topics for ERISA Advisory Council
- Mar 13, 2017State of American Business: Getting More People to Save for Retirement Americans are getting older, but many aren't saving enough.
- Mar 02, 2017States Can Help Their Private Employees Without Depriving Them of the Protections of ERISA There is an outcry that Congress is impeding on states’ rights to help their employers and employees save for retirement.
- Feb 21, 2017Comment Letter to the Pension Benefit Guaranty Corporation on Alternative Methods for Computing Withdrawal Liability
This letter was sent to the Pension Benefit Guaranty Corporation by the U.S. Chamber of Commerce in response to the Requests for Approving Certain Alternative Methods for Computing Withdrawl Liability; Settlement of Withdrawal and Mass Withdrawal Liability issued on January 5, 2017.
February 21, 2017
- Feb 21, 2017How Congress Can Help Small Business Employees Save for Retirement We need to make sure our retirement savings policies adequately address the needs of our evolving workforce.
- Feb 13, 2017Coalition Letter Supporting CRA Action on State-sponsored Auto IRAs
This coalition letter was sent to all members of Congress in support of H.J. Res. 66 and H.J. Res. 67 regarding safe harbor regulations on savings arrangements established by state and political subdivisions for non-governmental employees.
February 13, 2017
TO THE MEMBERS OF THE UNITED STATES CONGRESS: