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Insured Retirement Institute wants more worker access to plans, annuities Annuities are an answer to one of the most vexing worries that Americans face – outliving their money in retirement, IRI leaders said. But a critic countered that the products need to come with more investor protections. March 4, 2021 3 MINS When the SECURE Act was approved by Congress in late 2019, it was hailed as a landmark retirement savings bill. The Insured Retirement Institute is advocating for an encore this year. The organization, which represents life insurers, asset managers and distributors of lifetime income products, is pushing lawmakers to approve legislation that will continue to expand access to workplace retirement plans and provide greater latitude to use annuities within them.

United statesBirny birnbaumJason berkowitzWayne chopusPaul richmanDan zielinskiNational association of insuranceExchange commission regulation best interestConsumer federation of americaRetirement instituteDepartment of laborInsured retirement instituteCapitol hillRetirement security blueprintRetirement securitySavings act