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
IRI SUPPORTS AMERICAN INFRASTRUCTURE BONDS ACT
Significant Opportunity for Life Insurance Industry to Invest in Municipal Infrastructure Projects WASHINGTON, D.C. – Senate legislation creating new “American…
IRI CONFERENCE ZEROES IN ON INDUSTRY ISSUES, CHALLENGES, AND OPPORTUNITIES IN 2021
WASHINGTON, D.C. – Virtual may be the current reality for industry gatherings, but that is not hindering the delivery of…
IRI CONGRATULATES GARY GENSLER ON CONFIRMATION AS SEC CHAIR
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued the following statement after the Senate confirmed Gary Gensler as the…