WASHINGTON, D.C. – “The House Financial Services Committee’s vote to advance the Registered Index-Linked Annuities Act (H.R. 4865) is a step toward giving consumers greater access to innovative products tailored to meet specific retirement needs,” said Wayne Chopus, IRI President and CEO. “Consumer demand for RILAs continues to accelerate because they can bring balance to retirement portfolios by allowing participation in market growth while reducing exposure to market loss, helping savers reach retirement goals. IRI will now work to bring this bipartisan measure to the House floor quickly.”
Link to July 26 Joint Trades Letter
Link to HR 4865 (amendment in the nature of a substitute)
Link to November 2021 IRI press release.
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
Think Advisor Op-Ed: TIME FOR DOL TO STOP WORKING ON FIDUCIARY RULE
Wayne Chopus, President and CEO, IRI, explains why the U.S. Department of Labor should stop working on a new fiduciary…
INSURED RETIREMENT INSTITUTE WINS ADVOCACY “POWER OF A” GOLD AWARD
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) won the American Society of Association Executives (ASAE) “Power of A” Gold…
IRI VISION – A DOWNPAYMENT TOWARD A BETTER ANNUITY EXPERIENCE
An Insured Retirement Institute (IRI) led initiative is underway with a vision to make annuities easy to transact and manage…