NAIFA members, in Washington, D.C., for NAIFA’s National Leadership Conference, went to Capitol Hill to participate in more than 150 in-person meetings with members of Congress and their staff.

NAIFA members are insurance and financial professionals from around the country who serve Main Street American families and businesses. The meetings with their representatives and senators focused on the financial services industry and the critical role financial services, retirement planning, insurance products, and annuities play in securing the financial futures of their clients and communities. They asked Congress for its continued support for policies and legislation that help achieve financial security for all.

NAIFA members’ personal stories, which represent their businesses, clients, and communities, help lawmakers thoroughly understand the important role NAIFA members play in:

• Providing products, services, and advice that improve the financial security of 90 million American families.
• Promoting financial literacy and self-sufficiency in diverse communities.
• Strengthening the U.S. economy and contributing to the financial health of communities in every congressional district.
• Representing the best interests of their clients and promoting the success of Main Street Americans and businesses.

NAIFA President-Elect Bryon Holz

Among the specific issues and policies NAIFA members discussed is support for the bipartisan SECURE 2.0 retirement legislation. The measure would increase the availability, accessibility, and affordability of retirement security products. It would increase flexibility in retirement plans and increase incentives to encourage employers to offer plans.

Members of NAIFA-South Carolina

NAIFA members also told their lawmakers that any laws or regulations that would redefine the status of independent contractors using an ABC test or similar methods, including the Department of Labor’s proposed Independent Contractor Rule, should exempt insurance and financial professionals. Treating agents and advisors as employees under such a change would hinder their ability to operate their own businesses and work in the best interests of their clients.