Statement
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Americans face significant financial security challenges, including limited short- and long-term savings, and the struggles are even greater for vulnerable and at-risk populations.
Annuities provide protected lifetime income, ensuring peace of mind and financial security in retirement.
ACLI Letter of Support: we seek to expand the availability, accessibility, and affordability of products and services that provide financial protection for all.
Life insurers are working to strengthen support for federal and state initiatives to expand retirement savings with SECURE 2.0, automatic enrollment in a 401(k), and the Best Interest Standard for annuity sales.
Kitchen Table Conversation with ACLI CEO Susan Neely, Chairman Richard Neal, and Ranking Member Kevin Brady. Sign up to watch future conversations.
SPREAD THE WORD ON RETIREMENT SECURITY
More than 25 states have adopted a rule or law that protects consumers and expands access to lifetime income tools like #annuities. Explore how the #BestInterest standard ensures all savers can access #RetirementSecurity: https://consumerprotection.life/
SECURE 2.0 would make it easier for all Americans to achieve a secure retirement. Learn how public policy would incentivize #RetirementSavings among vulnerable and at-risk populations: https://www.acli.com/advocacy/retirement-security
During tough economic times, it's crucial that moderate-income savers can work with financial professionals to ensure they are on the path to financial security through #retirement. Read more: https://www.acli.com/posting/nr22-018
The average life expectancy in the United States has increased substantially. Today, a typical 65-year-old can expect to spend 20 or more years in #retirement. Learn how life insurers’ products help people retire with peace of mind: http://ow.ly/2qvy50C66hZ
#DYK? Only 39% of part-time workers have access to workplace retirement plans. SECURE 2.0 would help more Americans achieve #RetirementSecurity by decreasing the work requirement for part-time workers to two consecutive years for 401(k) plans.