Why it’s Important to Start Saving Early

According to the Federal Reserve, only 42 percent of American households headed by someone younger than age 30 have any retirement savings. By some estimates only 5 percent of millennials are saving adequately. Retirement saving among younger workers often falls short because many lack access to workplace plans. Younger workers also face multiple financial demands … Continue reading “Why it’s Important to Start Saving Early”

Life Insurers Provide Crucial Benefits for New Parents

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”

U.S. Senate Needs to Pass SECURE Act

Have you ever worked forever on a jigsaw puzzle, only to discover you’re missing a key piece? If so, then you’ll understand the current frustration among retirement security proponents who have been working to help solve the nation’s retirement puzzle by passing the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The bill will … Continue reading “U.S. Senate Needs to Pass SECURE Act”

Brookings Reports Contain Essential Lifetime Income Information For All Seasons

Did you catch the recent New York Times article featuring the summer’s best “beach reads?” Not surprisingly, there were no books about annuities on the list. That’s a shame, because Americans need to learn more about annuities, the only financial product in the marketplace that guarantees lifetime income. Fortunately, the Brookings Institution released three reports … Continue reading “Brookings Reports Contain Essential Lifetime Income Information For All Seasons”

Washington Examiner Editorial Distracts From How Life Insurers Meet Critical Consumer Needs

America’s life insurers serve 90 million American families, helping them build a financial safety net that protects them through all stages of life. Helping people take care of the things that matter most is our most critical mission. But you wouldn’t know that from the Washington Examiner’s editorial this week about The Business Roundtable’s (BRT) new mission … Continue reading “Washington Examiner Editorial Distracts From How Life Insurers Meet Critical Consumer Needs”

Life Insurers Rely on Medical Records, Not At-Home Genetic Tests

Welcome, consumer-based genetic testers, to Washington, D.C. This town could use a briefing on exactly how you’re handling your customers’ personal information. Please include in your Talking Points a big bullet that says: America’s life insurers have no access to the results of direct-to-consumer genetic tests. And, please add that they don’t want it. Call … Continue reading “Life Insurers Rely on Medical Records, Not At-Home Genetic Tests”

Life Insurers Help Families with Special Needs Confront Challenges Like ‘Autism Tsunami’

The growing incidence of Autism Spectrum Disorder (ASD) poses significant challenges to both families and policymakers. According to the U.S. Centers for Disease Control (CDC), 1 in every 59 children in the United States were identified as having ASD in 2014, up from 1 in 150 in 2002. A more recent study published in 2018 … Continue reading “Life Insurers Help Families with Special Needs Confront Challenges Like ‘Autism Tsunami’”