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
IRI VISION: BUILDING EFFICIENCY THROUGH TRANSPARENCY
Nearly every consumer transaction, from pizza orders to the status of a mortgage approval, can be tracked in real-time. As…
IRI OFFERS PROPOSALS FOR U.S. TREASURY FINANCIAL INCLUSION STRATEGY
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) offered several proposals to assist the U.S. Treasury Department in developing a…
IRI VISION – PROPOSED DOL RULE IMPERILS RETIREMENT SECURITY FOR MILLIONS
Today, the Insured Retirement Institute (IRI) is testifying at a second U.S. House of Representatives hearing about the flawed U.S….