Rep. Pete Sessions (R-TX) has introduced the Savings Account for Every American (SAFE) Act. The bill, H.R. 2109, would allow workers to partially opt out of Social Security immediately, and to fully opt out after 15 years. Under the bill, 6.2% of workers’ wages would immediately go to private “S.A.F.E.” accounts, taking the place of the 6.2% workers now contribute to Social Security. Employers would continue to make a matching 6.2% contribution to Social Security, but after 15 years, employers could also send that amount to employees’ SAFE accounts. The Arc has long opposed efforts to create private accounts using Social Security funds. The resulting market risk and benefit cuts, and the loss of dedicated revenues for the Social Security trust funds, would be devastating for people with disabilities.