On July 28, 2021, Brian Graff, CEO of the American Retirement Association, testified before the Senate Finance Committee in a Hearing entitled: “Building on Bipartisan Retirement Legislation: How Can Congress Help?”. In his testimony, Mr. Graff cited projections that enactment of new legislation could create 51 million new individuals saving for retirement and add an additional $6.2 trillion in retirement savings over a 10-year period.