Insurance Group Calls On White House to Support More Retirement, Annuity Legislation

Insurance Group Calls On White House to Support More Retirement, Annuity Legislation

The Insured Retirement Institute wrote to the administration of President Joe Biden on Wednesday , calling for additional retirement legislation that includes furthering the use of guaranteed income annuities and allows the use of collective investment trusts in nonprofit 403(b) plans.

In the letter addressed to the White House, the Washington-based institute championed the sweeping SECURE 2.0 Act of 2022 passed last year while calling for the passage of additional retirement policies previously brought before Congress.

“There is still more that needs to be done to soothe the anxiety that middle-class workers and retirees across America express about their ability to […]

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