NAIFA members in Washington state and across the country have dedicated their careers to ensuring their clients are well-prepared for retirement. Financial professionals offer a robust variety of products and services, working with employers and employees, alike, to provide retirement security options.
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NAIFA-WA Testifies at Hearing on State-Run Retirement Legislation
Topics: Retirement Planning State-Facilitated Retirement Plans Opposed Legislation Washington
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New Law Enhances Protections for Washington State Annuity Consumers
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.
Topics: Life Insurance & Annuities State Advocacy Interstate Advocacy Press Release NAIC Model Regulation Annuity Best Interest Washington
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Retirement Planning Options Offset the Need for a State-Run Plan in Washington State
NAIFA Policy Director Maeghan Gale testified to Washington state lawmakers that ample private-sector options are available for employers who want to set up retirement plans for their workers or for employees who want to prepare for retirement on their own. Washington lawmakers are considering a feasibility study for a potential state-facilitated Auto-IRA program.
Topics: State-Facilitated Retirement Plans State Advocacy Washington
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State Senate Hearing on LTC Features Testimony of NAIFA-WA's Chris Bor
Chris Bor, LUTCF, CLU, ChFC, a loyal NAIFA member since 1998 and Immediate Past President of NAIFA-WA, testified at a hearing of the Washington State Senate Business, Financial Services & Trade Committee on the use of life insurance, annuities, and policy riders in long-term care planning. He gave an overview of a wide variety of LTC planning options and discussed the value of agents and advisors to consumers. Bor also serves as Vice-Chair of NAIFA's National Membership Committee.
Topics: Long-Term Care Life Insurance & Annuities State Advocacy Washington
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New Laws In Washington Alter and Delay State-Run LTCI Program
Washington Governor Jay Inslee on January 27 signed two bills passed by the Legislature that delay and make some improvements to the Washington Cares Fund, a state-run long-term care insurance program.
Topics: Long-Term Care State Advocacy Washington
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NAIFA-WA Urges State to Delay and Reassess State Long-Term Care Program
NAIFA’s Washington state chapter strongly supports proposed legislation, HB 1732, that would delay the implementation of the Washington Cares long-term care insurance program. NAIFA-WA President Chris Wertenberger, loyal NAIFA member since 2002, asked legislators to fast-track the bill during a hearing before the Washington House of Representatives Appropriations Committee on January 11.
Topics: Long-Term Care State Advocacy Washington
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NAIFA-WA Urges LTC Bill Changes to Protect Employees With Private Coverage
NAIFA-WA is urging changes to a long-term services bill, HB 1323, to protect employees who have purchased long-term care coverage.
