SPONSOR: Rep. Lambert on behalf of all Representatives & Sen. Poore on behalf of all Senators HOUSE OF REPRESENTATIVES 152nd GENERAL ASSEMBLY HOUSE CONCURRENT RESOLUTION NO. 6 RECOGNIZING DELAWARE SAVES WEEK 2023.
SPONSOR: Rep. Lambert on behalf of all Representatives & Sen. Poore on behalf of all Senators
SPONSOR: Rep. Lambert on behalf of all Representatives & Sen. Poore on behalf of all Senators
SPONSOR:
Rep. Lambert on behalf of all Representatives & Sen. Poore on behalf of all Senators
HOUSE OF REPRESENTATIVES
152nd GENERAL ASSEMBLY
HOUSE CONCURRENT RESOLUTION NO. 6
RECOGNIZING DELAWARE SAVES WEEK 2023.
WHEREAS, personal and household savings are fundamental to the stability, vitality, and general wellbeing of the people of Delaware; and WHEREAS, financial security is one of the most important issues for most Americans whether it involves saving enough for retirement, their childrens college education, an unforeseen emergency, or a house; and WHEREAS, nearly half of all American families- and nearly 70% of families with below-average income- do not have a retirement account, according to the Federal Reserve Boards Survey of Consumer Finances (SCF); and WHEREAS, 65% of African-American families and 74% of Hispanic families- do not have a retirement account; and WHEREAS, 39% of Americans do not have enough savings to cover a $400 emergency; and WHEREAS, 22% of Americans are unbanked or underbanked; and WHEREAS, more than 147,000 employees in Delaware do not have access to an employer-sponsored retirement plan, according to the Georgetown University Center for Retirement Initiatives; and WHEREAS, America Saves is a national campaign that encourages, supports, and motivates Americans to improve their financial stability by budgeting their money, accumulating savings, opening & contributing to retirement accounts, building wealth, and reducing debt; WHEREAS, the Office of the State Treasurer is a partner in the America Saves Week movement and is committed to helping our states residents, young and old, take immediate financial action to save successfully and recover from the perils of the Coronavirus pandemic; NOW, THEREFORE: BE IT RESOLVED by the House of Representatives of the 152 nd General Assembly of the State of Delaware, the Senate concurring therein, that the State of Delaware hereby proclaim the week of February 27 th as Delaware Saves Week. BE IT FURTHER RESOLVED that the General Assembly urges Delawareans to open a retirement account and/or savings account, put away money for retirement, build up an emergency fund, create a personal budget, set savings goals, pay down debt, or take other steps to increase ones personal financial security during Delaware Saves Week, and pledge to sustain that action throughout the coming year. BE IT FURTHER RESOLVED that the General Assembly commits to supporting solutions that expand access to retirement plans and savings accounts, or that otherwise assist Delawareans with saving for retirement, higher education, homebuying, disability-related expenses, emergencies, and other needs.
WHEREAS, personal and household savings are fundamental to the stability, vitality, and general wellbeing of the people of Delaware; and
WHEREAS, financial security is one of the most important issues for most Americans whether it involves saving enough for retirement, their childrens college education, an unforeseen emergency, or a house; and
WHEREAS, nearly half of all American families- and nearly 70% of families with below-average income- do not have a retirement account, according to the Federal Reserve Boards Survey of Consumer Finances (SCF); and
WHEREAS, 65% of African-American families and 74% of Hispanic families- do not have a retirement account; and
WHEREAS, 39% of Americans do not have enough savings to cover a $400 emergency; and
WHEREAS, 22% of Americans are unbanked or underbanked; and
WHEREAS, more than 147,000 employees in Delaware do not have access to an employer-sponsored retirement plan, according to the Georgetown University Center for Retirement Initiatives; and
WHEREAS, America Saves is a national campaign that encourages, supports, and motivates Americans to improve their financial stability by budgeting their money, accumulating savings, opening & contributing to retirement accounts, building wealth, and reducing debt;
WHEREAS, the Office of the State Treasurer is a partner in the America Saves Week movement and is committed to helping our states residents, young and old, take immediate financial action to save successfully and recover from the perils of the Coronavirus pandemic;
NOW, THEREFORE:
BE IT RESOLVED by the House of Representatives of the 152 nd General Assembly of the State of Delaware, the Senate concurring therein, that the State of Delaware hereby proclaim the week of February 27 th as Delaware Saves Week.
BE IT FURTHER RESOLVED that the General Assembly urges Delawareans to open a retirement account and/or savings account, put away money for retirement, build up an emergency fund, create a personal budget, set savings goals, pay down debt, or take other steps to increase ones personal financial security during Delaware Saves Week, and pledge to sustain that action throughout the coming year.
BE IT FURTHER RESOLVED that the General Assembly commits to supporting solutions that expand access to retirement plans and savings accounts, or that otherwise assist Delawareans with saving for retirement, higher education, homebuying, disability-related expenses, emergencies, and other needs.
SYNOPSIS This Concurrent Resolution recognizes the week of February 27th as Delaware Saves Week.
SYNOPSIS
This Concurrent Resolution recognizes the week of February 27th as Delaware Saves Week.