I bet you didn’t know the United States is protected by 80% more volunteer firefighters than career firefighters. I bet you also didn’t know that the number of volunteer firefighters has been dropping precipitously. Don’t feel bad – I didn’t know these facts either. But I do know this: there is legislation awaiting U.S. Senate … Continue reading "Senate Can Support Volunteer First Responders by Passing SECURE Act"
Low and middle-income Americans struggling to save for retirement are counting on the U.S. Senate to pass the SECURE Act. There’s no time to wait. Millions of Americans would benefit. One provision alone will get 700,000 Americans who work for small businesses to begin saving for retirement. SECURE is essential to help address America’s retirement … Continue reading "SECURE Act Benefits the Many, Not the Few"
Alzheimer’s disease is the leading cause of long-term care insurance claims. Currently an estimated 5.8 million Americans are living with Alzheimer’s disease. That number is expected to increase to 14 million by 2050. Today, the U.S. Senate Finance Committee Subcommittee on Health Care chaired by Sen. Pat Toomey held a hearing titled “Alzheimer’s Awareness: Barriers … Continue reading "Senators Scrutinize Alzheimer’s, Long-Term Care Insurance Provides Solutions"
When interest rates are especially low—like today—Americans have a greater incentive to borrow and spend. The reasons are many. Buy a car, a home or a new appliance. Americans also borrow to pursue more education or take a vacation. All this contributes to a growing economy. From the 1980s until about 2010, interest rates were on … Continue reading "More Seniors are in Debt: An Unintended Consequence of Low Interest Rates"
Life insurers strongly support protections serving the best interests of customers, which can be meaningfully safeguarded with disclosure about services and material conflicts of interest. This approach provides an effective means to shield consumers and facilitate informed purchase decisions. The Securities and Exchange Commission’s (SEC) Regulation Best Interest (Reg BI) and Form CRS provide this … Continue reading "Best Interest Standards Comprehensively Protect Consumers"
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"