WASHINGTON, D.C. – “The House Financial Services Committee’s vote to advance the Registered Index-Linked Annuities Act (H.R. 4865) is a step toward giving consumers greater access to innovative products tailored to meet specific retirement needs,” said Wayne Chopus, IRI President and CEO. “Consumer demand for RILAs continues to accelerate because they can bring balance to retirement portfolios by allowing participation in market growth while reducing exposure to market loss, helping savers reach retirement goals. IRI will now work to bring this bipartisan measure to the House floor quickly.”
Link to July 26 Joint Trades Letter
Link to HR 4865 (amendment in the nature of a substitute)
Link to November 2021 IRI press release.
# # #
Contact: Dan Zielinski
Stay Informed
Latest News
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…
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….
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…