Dear Editor:
To me, my parents are the great American success story.
Born and raised in Haiti during the height of a dictatorship and economic hardship, my parents quickly learned the value of saving even the smallest amount. They migrated to Brooklyn in the 1980s and immediately started working and saving. My mother studied nursing, went into the Army, and worked in a hospital; my father studied management and oversaw a textiles factory. Through hard work and frugality, they saved enough to get married, move to New Jersey, raise two daughters, and purchase their retirement home in Florida.
Today, people aren’t saving enough for their future, and I know my parents worry about us. They remind us to be deliberate and consistent in saving. Luckily, we have the power of automation on our side.
The Secure Choice Savings Act utilizes automation to create savings for employees. With this bipartisan bill, employees will have a portion of their paycheck automatically deposited into a money-managed investment account. Over time, these deductions will amass into significant savings.
I learned a lot about responsible saving from my parents’ success. Secure Choice will make sure that I can continue their story.
Signed,
Taralynn Dorsaint