WASHINGTON, D.C., (March 8, 2019) — The American Council of Life Insurers (ACLI) welcomes a new charity recipient and cause for the 2019 Capital Challenge: Junior Achievement and its financial literacy program.
“ACLI is excited to once again sponsor the Capital Challenge,” said Susan Neely, President & CEO of ACLI. “We’re especially proud that this year’s race will support Junior Achievement and its financial literacy program. ACLI believes deeply in Junior Achievement's purpose to inspire and prepare young people to succeed in a global economy. ACLI also strongly supports Junior Achievement’s commitment to ensure that its financial literacy, work readiness, and entrepreneurship programs are delivered in inclusive and diverse learning environments. Junior Achievement’s mission dovetails superbly with our industry’s commitment to help make financial and retirement security available to all American families and to invest in our country’s economic strength, too.
“As society and work change, ACLI members are committed to solutions that protect Americans, regardless of where and how they work, their life stage, or the economic status of their household. Financial literacy is essential to families having the knowledge necessary to plan and prepare for retirement. Through our support of Junior Achievement, we will teach the next generation of American workers the importance of planning early for retirement.”
Junior Achievement will celebrate its 100th anniversary in 2019. Its interactive educational programs reach nearly 4.9 million students per year in all 50 states.
“We are very honored and grateful to be recognized as the beneficiary of the ACLI Capital Challenge,” said Jack Kosakowski, President and CEO of Junior Achievement USA. “The support from this race will greatly benefit our financial literacy programs across America. We look forward to partnering with ACLI and helping students learn more about how Americans can plan, save and guarantee themselves a secure retirement.”
The 38th Capital Challenge is scheduled for May 15 in Anacostia Park in Washington, D.C. The three-mile race features teams from Congress, the executive and judicial branches of the federal government, news media organizations and the U.S. military. Past participants have included Vice President Mike Pence, when he served in the House of Representatives from Indiana, and Supreme Court Associate Justice Brett Kavanaugh, when he served as a judge on the U.S. Court of Appeals for the D.C. Circuit.
“The ACLI Capital Challenge has been a tradition in Washington since the Reagan era,” said Jeff Darman, ACLI Capital Challenge race director. “On this one day each year partisanship is cast aside and politicians engage in friendly banter and good-natured competition.
“We are pleased to welcome Junior Achievement as our charity recipient for 2019 and look forward to this partnership.”
Additional information about the race is available at www.CapitalChallenge.com and www.acli.com/capitalchallenge. Follow @ACLINews and hashtag #CapChallenge on Twitter for more on the race.
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The American Council of Life Insurers (ACLI) advocates on behalf of 280 member companies dedicated to providing products and services that promote consumers’ financial and retirement security. 90 million American families depend on our members for life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, dental and vision and other supplemental benefits. ACLI represents member companies in state, federal and international forums for public policy that supports the industry marketplace and the families that rely on life insurers’ products for peace of mind. ACLI members represent 95 percent of industry assets in the United States.
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