Dear fellow South Carolinians,
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SECURE Act
Last week, I sent a letter to Senate Majority Leader Mitch McConnell urging immediate Senate consideration of the SECURE Act. This bipartisan legislation would expand access to retirement plans for millions of Americans, allow older workers and retirees to contribute more to their retirement accounts, and increase 401(k) coverage to part-time employees. It will also prevent as many as 4 million people in private-sector pension plans from losing future benefits, protect 1,400 religiously affiliated organizations whose access to their defined contribution retirement plans is in jeopardy, and do the right thing for Gold Star families. You can read more here.
The Latest on Opportunity Zones
When I started in the Senate, I set out to find a way to restore hope in the American dream for those who have felt left out of it. For the first time, countless communities are being shown that they can compete & that achieving opportunity is possible. You can read my latest column on Opportunity Zones here.
Around the State
On Friday, I had the chance to hang out with elementary kids at Columbia’s JP Thomas Elementary School. It is always a treat to see young minds at work! Thank you to the wonderful staff and administration, as well as City Year Columbia, for showing me the amazing work you do!
Sincerely,
Tim |