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National Retirement Security Month: Boosting Awareness and Savings

The U.S. Senate supports National Retirement Security Month to encourage citizens to better plan their financial future. The goal is to increase knowledge about available retirement savings options and improve overall financial literacy, helping to ensure financial stability in old age.
Key points
Emphasizing the importance of saving for retirement, as Social Security is not enough as a sole source of income.
Increasing awareness of various tax-preferred retirement savings vehicles.
Encouraging the development of personal budgets and financial plans that include retirement savings strategies.
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Status:
Adopted
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Additional Information
A resolution supporting the goals and ideals of National Retirement Security Month, including raising public awareness of the various tax-preferred retirement vehicles, increasing personal financial literacy, and engaging the people of the United States on the keys to success in achieving and maintaining retirement security throughout their lifetimes.
Print number: SRES 404
Sponsor: Sen. Cardin, Benjamin L. [D-MD]
Process start date: 2021-09-30