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1 min read

NAIFA's O'Gara Asks DOL to Preserve Advisors' Independent Status

By NAIFA on 6/30/22 12:03 PM

Josh O'Gara, CLU, ChFC, CFP, loyal member since 2011, spoke on behalf of NAIFA during the U.S. Department of Labor's virtual public forum on the classification of employees and independent contractors under the Fair Labor Standards Act. NAIFA strongly supports an exemption for insurance and financial professionals under any legislation or DOL regulation that would reclassify independent contractors as employees.

Topics: Legislative & Regulatory Federal Advocacy
1 min read

SECURE 2.0 Takes Next Step Toward Enactment

By NAIFA on 6/21/22 3:42 PM

NAIFA and other interested parties sent a letter of appreciation to the Senate Finance Committee Chairman Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) for their leadership in releasing the Enhancing American Retirement Now (EARN) Act, which would enhance retirement security for many Americans.

Topics: Advocacy Legislative & Regulatory Federal Advocacy
3 min read

Senate Committee Advances NAIFA-Supported Retirement Legislation

By NAIFA on 6/15/22 3:59 PM

NAIFA joined other industry organizations in sending a letter to Senators Patty Murray (D-WA) and Richard Burr (R-NC), the Chair and Ranking Member, respectively, of the Senate Committee on Health, Education, Labor and Pensions, thanking them for their bipartisan support for retirement-reform legislation.

Topics: Retirement Legislative & Regulatory Federal Advocacy
1 min read

Bill on Remote Notorization Would Benefit Consumers and Financial Professionals

By Mike Hedge on 5/26/22 2:18 PM

NAIFA has joined with industry partners in a letter to House sponsors of the Securing and Enabling Commerce Using Remote and Electronic Notarization Act urging support for the legislation. The bipartisan legislation (H.R. 3962) was introduced by Representatives Madeleine Dean (D-PA) and Kelly Armstrong (R-ND).

Topics: Technology Federal Advocacy
2 min read

NAIFA’s Congressional Conference Takes Advisors’ Grassroots Influence to Capitol Hill

By NAIFA on 5/25/22 8:15 AM

Insurance and financial advisors from states across the country visited Capitol Hill on May 24 for meetings with more than 325 congressional offices, including lawmakers and senior staff. The day on the Hill is the highlight of Day 2 of NAIFA’s annual Congressional Conference.

Topics: Press Release Federal Advocacy
1 min read

Agents and Advisors Need to Represent Their Clients and Communities at Congressional Conference

By NAIFA on 5/5/22 8:55 AM

NAIFA Trustee Aprilyn Chavez Geissler, LACP, loyal member since 2005, says that insurance and financial professionals offer an important perspective on how legislative decisions affect Main Street Americans and their communities. NAIFA's Congressional Conference, May 23-24 in Washington, D.C., is a great opportunity for agents and advisors to talk with lawmakers about issues important to their clients and communities.

Topics: Federal Advocacy
1 min read

You Don't Have to Be an Experienced Advocate to Make a Difference at NAIFA's Congressional Conference

By NAIFA on 4/19/22 9:43 AM

NAIFA-Greater Washington, D.C., member and Young Advisor Team Leader of the Year Brian Haney, CLTC, CFS, CFBS, CIS, LACP, CAE, provides his insights on NAIFA's Congressional Conference and how you don't have to be an experienced advocate to make difference. While Haney grew up in the D.C. area, our elected officials are interested in hearing the Main Street stories of insurance and financial professionals from around the country. Lend your voice by joining us May 23-24 at NAIFA's Congressional Conference.

Topics: Federal Advocacy
1 min read

Upcoming Webinar: Busting Through The Gridlock with Diane Boyle

By NAIFA on 4/11/22 10:42 AM

Don't miss NAIFA Senior Vice President of Government Relations Diane Boyle on InsuranceNewsNet's webinar "Busting Through the Gridlock: A D.C. Legislative Preview" on April 13, 2022, at 1:00 pm eastern.

In a time of uncertainty leading into the 2022 midterms and 2024 presidential election, insurance and financial professionals may be able to break through the gridlock in Washington, D.C. 

In the webinar, Boyle will outline the legislation affecting insurance and financial professionals and the Main Street Americans they represent.

Topics: Advocacy webinar Federal Advocacy
1 min read

CMS Wants NAIFA Members' Feedback on the 2023 Medicare & You Handbook Draft

By NAIFA on 4/8/22 3:00 PM

The Centers for Medicare and Medicaid Services (CMS) is asking for NAIFA members who work with the seniors or Medicare markets to provide feedback on the draft of their Medicare & You Handbook for 2023.

If you would like to submit comments on this draft, please do so using the spreadsheet linked below. Comments must be submitted by Wednesday, April 13, by the end of the day to Cody Schoonover (cschoonover@naifa.org).

Topics: Advocacy Medicare Federal Advocacy
8 min read

Biden FY 2023 Budget Proposes $1 Trillion+ in New Taxes, Mostly on Corporations, Wealthy Individuals

By NAIFA Government Relations Team on 4/5/22 10:49 AM

On March 28, President Biden sent Congress a Fiscal Year (FY) 2023 budget that calls for $1.58 trillion in discretionary spending (a 7.4 percent increase over last year) and over $1 trillion in new taxes. The budget, the Administration says, would reduce the federal deficit by $1 trillion over ten years.

Most of the new taxes would come from the proposal to hike the corporate tax rate from the current 21 percent to 28 percent (starting in 2023) and from a new 20 percent tax on a combination of income and capital wealth held by households with $100 million or more in income from earnings and increases in the value of their capital assets. The budget also proposes raising the top individual tax rate to 39.6 percent.

Topics: Tax Federal Advocacy

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