ACLI Supports Junior Achievement, Financial Literacy

Last month President Trump signed a spending bill that included the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act will provide a huge boost for America’s retirement savers. Among other benefits, the bill will enable more small businesses to offer retirement plans, allow older workers to contribute more to their retirement … Continue reading “ACLI Supports Junior Achievement, Financial Literacy”

Soccer Superstar Alex Morgan May Be in the Market for Life Insurance

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Congratulations to women’s soccer superstar Alex Morgan. She and her husband announced in October they are expecting a daughter. Like most soon-to-be parents, it probably won’t be long before Alex thinks about life … Continue reading “Soccer Superstar Alex Morgan May Be in the Market for Life Insurance”

Elitist Proposal Denies Choices to Bay State Retirement Savers

Massachusetts is about to impose an elitist, fiduciary-only standard for those seeking financial services. Sadly, as the industry that helps small- and moderate-savers to plan their financial futures, we know this would hurt the very people it claims to protect. I offered testimony at a related hearing today, as did Paul Quaranto of Boston Mutual … Continue reading “Elitist Proposal Denies Choices to Bay State Retirement Savers”

Retirement Savers Win Thanks to SECURE Act Becoming Law

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”

Buyers’ Remorse for Student Loans?

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?”

Retirement Savers’ Holidays Looking SECURE

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”

USMCA Benefits North American Insurance Consumers

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”