IRI STATEMENT ON PRESIDENT’S STATE OF THE UNION RETIREMENT PROPOSAL

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) issued a statement on President Donald Trump’s proposal to assist workers in saving for retirement.

“IRI is encouraged by President Trump’s State of the Union comments on expanding access to retirement plans to America’s workers, particularly those who lack access to an employer-provided plan.

IRI is eager to learn more details of President Trump’s proposal and discuss it with our members. The proposal offers an opportunity to continue advancing bipartisan dialogue with Congress and to build on the success of the SECURE Act, which President Trump signed into law, and the SECURE 2.0 Act. Both laws made significant progress to enhance retirement security.

Momentum is building for additional bipartisan retirement security legislation. As recognized leaders in the retirement space, IRI was the only trade association invited to testify at a House hearing in January on protected lifetime income solutions. Late last year, the House passed the INVEST Act, and the Senate held a hearing on retirement issues. And now, President Trump also wants action.

Clearly, Congress and the Administration agree that more work is needed to address the anxiety that workers and retirees have about accumulating savings that will last throughout their retirement years.

IRI will shortly release its 2026 Federal Retirement Security Blueprint, which offers policymakers bipartisan, common-sense policies to help workers and retirees achieve financial security and sustain their income throughout retirement. We are committed to working with the Administration and Congress on additional bipartisan solutions to help millions more of America’s workers and retirees to achieve a secure and dignified retirement.”

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Contact: Dan Zielinski