One Big Beautiful Bill Act Sent to President for Signature
WASHINGTON, D.C. – Congress preserved tax deferral of retirement savings – a key incentive that helps millions of workers to save for retirement – in the One Big Beautiful Bill Act, which is on its way to the White House for the President’s signature.
The One Big Beautiful Bill Act renews many expiring provisions of the Tax Cuts and Jobs Act of 2017, and includes other provisions advocated by the Trump Administration.
Preserving tax deferral of retirement savings is a top priority for the Insured Retirement Institute (IRI) and is included in the association’s 2025 Federal Retirement Security Blueprint.
“Preserving the tax deferral of retirement savings is a win for retirement savers,” said Wayne Chopus, President and CEO of IRI. “Congress’ action ensures that a vital incentive to save for retirement remains intact — an outcome we’ve strongly advocated for on behalf of workers and retirees.”
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
IRI VISION: BUILDING EFFICIENCY THROUGH TRANSPARENCY
Nearly every consumer transaction, from pizza orders to the status of a mortgage approval, can be tracked in real-time. As…
IRI OFFERS PROPOSALS FOR U.S. TREASURY FINANCIAL INCLUSION STRATEGY
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) offered several proposals to assist the U.S. Treasury Department in developing a…
IRI VISION: PROPOSED DOL RULE IMPERILS RETIREMENT SECURITY FOR MILLIONS
Today, the Insured Retirement Institute (IRI) is testifying at a second U.S. House of Representatives hearing about the flawed U.S….