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Sens. Collins, Hickenlooper Introduce Bill to Cut Red Tape for Small Business Employee Retirement Plans
June 03, 2022
WASHINGTON, June 3 -- Sen. Susan M. Collins, R-Maine, issued the following news release:

U.S. Senators John Hickenlooper (D-CO) and Susan Collins (R-ME) introduced the Simplifying Small Business Retirement Savings Act, a bipartisan bill to make it easier for small businesses to access and offer retirement plans for their employees.

Small businesses employ nearly half of American private sector workers. However, due to costs and regulatory complexity, only 53 percent of . . .

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