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Oppose H.R. 4294 Legislation to Weaken Protections for Retirement Savers

February 3, 2016
Consumer Finance
Letters to Congress

This letter urges Chairman Kevin Brady and Ranking Member Sander Levin to reject H.R. 4294, the "SAVERS Act," and support the Department of Labor's (DoL) effort to strengthen retirement income security for working families and retirees. Far from being a pro-retirement security alternative to DoL rulemaking, the legislation would weaken the already inadequate protections afforded by current outdated regulations.