The American Council of Life Insurers (ACLI) commends House Ways and Means Committee Chairman Richie Neal (D-MA) and Ranking Member Kevin Brady (R-TX) for convening a hearing today on paid family and medical leave (PFML) benefits. Read our statement for the record for today’s hearing here. This topic is of vital importance to millions of … Continue reading "Solutions for Paid Family and Medical Leave"
More than 43.5 million family caregivers provide unpaid care annually to adults at any given point in time. Health insurance seldom pays for long-term care services and the government provides only limited coverage through Medicare and Medicaid. Many people are unable to save enough on their own to cover the costs of long-term care. Today, … Continue reading "House Committee Seeks Care Solutions for Aging Americans"
Every November 11 on Veterans Day, the United States proudly honors the brave men and women who served in our armed forces. We also honor their families, for the many sacrifices and hardships they endured while their loved ones protected our nation. These heroes and their families deserve our utmost respect and gratitude. Instead, some … Continue reading "Senate Passage of SECURE Act Would Help Gold Star Families and All Americans"
Did you know that October is National Work and Family Month? Established in 2003 by a Senate resolution, it recognizes the importance of creating more flexible work environments and helping individuals better balance their work-life commitments. A proven way to support working families is through paid family and medical leave benefits (PFML). In fact, 47% … Continue reading "Extend Family Leave Tax Credit to Help American Families"
America is becoming more diverse every day. The U.S. Census Bureau projects that our nation will become “majority minority” by 2045. As society and work change, life insurers are committed to empowering all Americans with the information and tools they need to succeed in their financial futures. Building a diverse and inclusive workforce that reflects the … Continue reading "America is Changing and So Are We: Diversity & Inclusion Initiatives by the Life Insurance Industry"
There are many good reasons why the Senate should pass the Setting Every Community Up for Retirement (SECURE) Act. Its retirement security provisions would make it easier for small employers to sponsor a retirement plan, encourage employees to save more, and clarify critical retirement-related tax rules for church organizations and institutions Interestingly, one of the … Continue reading "SECURE It: Honor our Nation’s Heroes by Passing SECURE Act"
The time before a baby’s birth can be thrilling and stressful for a new parent. Between doctor’s appointments, gender reveal parties, baby showers and nursery set up, there is so much to do before a baby is born. With so much already on their plate, the last thing that a family wants to worry about … Continue reading "Life Insurers Provide Crucial Benefits for New Parents"