NAIFA submitted comments to the U.S. Senate Special Committee on Aging regarding an inquiry by Chairman Bob Casey (D-PA) and Ranking Member Tim Scott (R-SC). Both committee leaders are working together in a bipartisan way to examine issues that are of importance to the health, economic security, and well-being of older Americans and their families.

One outcome of these examinations is an annual report that seeks to inform policymaking in Congress. This year, the committee's report will focus on improving financial literacy and decision-making for older adults and people with disabilities. NAIFA’s vast membership network is an integral part of providing the qualified financial advice required for all Americans.

NAIFA’s comments speak to the importance of sound financial advice for seniors as well as proper protections to mitigate financial fraud and risk. NAIFA is proud to continue its collaboration with the Special Committee on Aging to help ensure America’s seniors receive the benefits and care they’ve earned.