Consumer Access to Vital Financial Security Products Threatened by PRO Act

Ensuring your financial security can be daunting. From understanding investment options in your 401(k) to assessing the type and amount of life insurance needed to support your family – there are many choices to be made. Experienced professionals can help – including insurance producers, independent broker dealers (IBDs) and independent financial advisors (IFAs). Not only … Continue reading “Consumer Access to Vital Financial Security Products Threatened by PRO Act”

Investments in Mortgages Support Life Insurers’ Guarantees

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] Life insurers are a bedrock of the American economy, providing employment for American workers and investment capital for U.S. businesses. But did you know that life insurers also make hundreds of billions of … Continue reading “Investments in Mortgages Support Life Insurers’ Guarantees”

Lifting All Boats Through Financial Education

Today, the American Council of Life Insurers (ACLI) was proud to host the Council for Economic Education (CEE) as the group released its biennial Survey of the States report on financial education.  Fortunately, this year’s report shows that after years of stalled progress, more high schools across America are requiring economics and personal finance classes to graduate. … Continue reading “Lifting All Boats Through Financial Education”

Life Insurance Protections Most People Don’t Know About

[Life Insurance 101 Series: This series features IMPACT posts that detail the breadth of the industry’s reach and benefits provided to consumers.] When consumers purchase a life insurance policy, their main concern is how it will protect their family’s financial future. People buy life insurance for the peace of mind that comes with knowing their … Continue reading “Life Insurance Protections Most People Don’t Know About”

Could The SECURE Act Enable Fewer People To Work Past Age 65?

Every day, 10,000 Americans turn 65 years old. For much of the 20th century, the 65th birthday meant retirement. But not in 2020, according to two recent articles. A CNBC.com story noted that a majority of workers (54%) said they expect to continue working after age 65, including 14% who never plan to retire. And a Wall Street Journal … Continue reading “Could The SECURE Act Enable Fewer People To Work Past Age 65?”

Laying the Groundwork for Upgrading America’s Infrastructure

This week, the House Ways and Means Committee held a hearing to discuss paying for upgrades to our national infrastructure. The American Council of Life Insurers (ACLI) applauds Committee Chairman Richie Neal (D-MA) and Ranking Member Kevin Brady (R-TX) for focusing on this subject, and you can find our statement for the record for this week’s hearing here. You might … Continue reading “Laying the Groundwork for Upgrading America’s Infrastructure”

Solutions for Paid Family and Medical Leave

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”