WASHINGTON – The American Council of Life Insurers (ACLI) and 20 companies and trade associations sent a letter to Ranking Member Richard Neal commending him for introducing the “Automatic IRA Act of 2024."

Read the letter here.

The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 275 member companies represent 93 percent of industry assets in the United States.

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