Advocacy in action blog

NAIFA Is the One and Only!

We ARE the people making a real difference in achieving financial security for Main Street Americans.
 
NAIFA’s advocacy efforts are nonstop, working on behalf of agents & advisors, and your clients. No other association represents financial services professionals at the state, interstate, and federal levels. No other association brings 500+ producers to Washington, D.C., year after year for our Congressional Conference to speak with federal lawmakers about issues that impact the financial security of American families and businesses.

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors NAIFA-Florida President Jeff Chernoff issued the following joint statement on legislation signed into law in Florida that strengthens protections for annuity consumers:

NAIFA recognizes Senator Tim Scott of South Carolina on the announcement of his campaign to run for President of the United States. Scott is a former NAIFA member and prior to serving in Congress was an insurance and financial services professional who built one of the most successful Allstate agencies in South Carolina.

An important tax deduction for many individual- and family-owned businesses –  Section 199A of the Tax Cuts and Jobs Act – is set to expire in just two years. NAIFA strongly supports legislation sponsored by Senator Steve Daines (R-MT) that would make permanent the 20% deduction for pass-through businesses.

NAIFA will host the 10^th annual Congressional Conference May 22-23 in Washington, D.C. The event will feature targeted advocacy training with briefings on legislative issues that affect members’ businesses and the clients they serve. Expert presenters will offer best practices for conducting Congressional meetings and tips for developing impactful long-term relationships with legislators.

NAIFA strongly supports efforts to prevent the financial exploitation of seniors and vulnerable adults. As trusted and licensed insurance and financial professionals who abide by a Code of Ethics and work in the best interests of their clients, NAIFA members are often ideally positioned to recognize and help prevent financial abuse and exploitation.

The Centers for Medicare and Medicaid Services (CMS) has published its final marketing rule for Medicare Advantage (MA) and Medicare Part D (Part D) plans. Below you can read about key changes that will most impact NAIFA members, as well as some of NAIFA’s concerns that were addressed by CMS.

On April 19, U.S. Senators Kevin Cramer (R-ND) and Mark Warner (D-VA) reintroduced the NAIFA-supported Securing and Enabling Commerce Using Remote and Electronic Notarization Act. This bipartisan bill would permit the nationwide use of Remote Online Notarizations (RONs), enabling notaries and signers to complete the process from different physical locations.

Last month, NAIFA-NC signed up 10 new contributors to NAIFA's political action committee, IFAPAC, in one day. Congratulations to these individuals who joined the ranks of NAIFA members working together to advocate for the individuals, families, and small businesses that make up Main Street USA, and a special thank you to NAIFA-NC IFAPAC Chair Elie Aharon, LACP, LUTCF.

American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Washington President Karl Kuntz issued the following joint statement on legislation signed into law in Washington that strengthens protections for annuity consumers:

“The new law sponsored by Representative Kristine Reeves, approved by the legislature, and signed by Governor Jay Inslee strengthens protections for consumers in Washington state seeking lifetime income through annuities.