Earlier today President Trump signed the 2020 spending package, which wisely included the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. This is a huge win for millions of retirement savers, groups like Gold Star families, and bipartisanship. With the SECURE Act now the law of the land, our nation has taken … Continue reading "Retirement Savers Win Thanks to SECURE Act Becoming Law"
The media routinely report that student loans are a major burden on families and young people. Several presidential candidates have even turned education-related debt into a campaign issue, pushing for across-the-board debt forgiveness. Is education-related debt really that much of a challenge? How exactly does it impact borrowers? Consider some facts: 44.7 million Americans have … Continue reading "Buyers’ Remorse for Student Loans?"
Amid the hustle and bustle of the holiday season, it’s important to hit pause every now and then and reflect on the many things we are thankful for. That said, it never hurts to make a list of what we wish for! Not surprisingly, many retirement savers’ “thankful lists” and “wish lists” intersect this year … Continue reading "Retirement Savers’ Holidays Looking SECURE"
Life insurers’ most critical mission is helping people take care of the things that matter most. We serve 90 million families in the U.S., helping them build a financial safety net that protects them through all stages of life. International markets have also demonstrated an appetite for our industry’s financial protection products. We serve families … Continue reading "USMCA Benefits North American Insurance Consumers"
Last Sunday, college football fans nationwide learned which bowl game their team would play in. After weeks of speculation, they gained the certainty they need to plan. Iowa Hawkeye fans like me learned they can book flights to San Diego. They’ll be playing in the Holiday Bowl on December 27. Penn State boosters like my … Continue reading "Win the Game for Everyday Americans, Pass the SECURE Act"
InvestmentNews labeled Sen. Pat Toomey’s proposal to allow American consumers limited access to retirement savings to cover long-term care as one (among other) “ideas to raid retirement savings.” I don’t see it that way. Long-term care insurance covers caregiving costs due to an inability to perform activities of daily living or cognitive loss. Most Americans … Continue reading "Don’t Criticize Good Ideas to Ensure Retirement Security!"
When consumers are considering what to do to save for their future, they should take comfort in knowing that financial professionals have the consumers’ best interests first and foremost in mind when making recommendations. Thanks to recent actions by the National Association of Insurance Commissioners (NAIC), consumers across America are one step closer. Last weekend at … Continue reading "NAIC Annuity Initiative Aligns with SEC Reg BI to Protect Consumers"