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Retirement Security

 

Americans are living longer than ever before. Many may spend decades out of the workplace in retirement. That puts even greater urgency on building an adequate nest egg to last and accommodate a lifestyle people grow accustomed to while still in the workforce.

From a senior position on the tax-writing Senate Finance Committee, which has jurisdiction over Social Security, Medicare and Medicaid, Grassley has worked for the last 25 years in the U.S. Senate on issues affecting retirement security. During his chairmanship of the Senate Special Committee on Aging, he also led efforts to improve enforcement of nursing home standards for the nation’s most vulnerable elderly, provide resources to family caregivers, and root out waste, fraud and abuse in Medicare spending.

The Social Security Challenge: The New Deal program offers a good deal for older Americans, just like it was for my parents and grandparents. But now it's known that Social Security will be a raw deal for America's youngest generations if reforms aren’t made to fix the funding shortfall. Obviously this is a politically sensitive issue. It will take a bipartisan consensus among lawmakers and grassroots support to get the job done. Until then, current law keeps us on a trajectory to insolvency.

Senator Grassley tells Iowans the hardest dollar to save is the first. It’s never too early to start saving for retirement.

Tell Senator Grassley what you think about this issue.


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