Skip to content

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

October 13, 2022

HIGHER COST OF LIVING DRIVES HIKE IN SOCIAL SECURITY BENEFITS FOR 2023

Workers And Retirees Still Need Additional Protected Lifetime Income Sources  WASHINGTON, D.C. – Today’s 8.7 percent increase in Social Security benefits announced…

Read more
October 4, 2022

HOW IRI IS HELPING REDUCE THE ANXIETY AROUND RETIREMENT

IRI President & CEO Wayne Chopus is this month’s guest on Beyond the Challenge podcast with Sandy and Kevin Dougherty….

Read more
September 30, 2022

IRI ELECTS NEW BOARD CHAIR, VICE CHAIR

WASHINGTON, D.C. — The Insured Retirement Institute (IRI) announced changes to its board of directors today, including a new chair…

Read more
Scroll To Top