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 SURVEY FINDS NEED FOR IMPROVED “RETIREMENT IQ”
WASHINGTON, D.C. — April is Financial Literacy Month and, according to a survey by the Insured Retirement Institute (IRI), a…
HOUSE TO VOTE ON BIPARTISAN RETIREMENT SECURITY MEASURE TODAY
WASHINGTON, D.C. – The House of Representatives will vote today on bipartisan retirement security legislation to enhance features of employer-provided…
IRI NAMES TWO NEW MEMBERS TO BOARD OF DIRECTORS
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) today announced changes to its board of directors. Joining the IRI board…