Lifetime Income Distributions

Updates

ERIC Urges Lawmakers to Modify Lifetime Income Disclosure Provisions

ERIC sent a letter to U.S. Representative Richard Neal (D-MA), Chairman of the House Ways and Means Committee, urging him to modify the Lifetime Income Disclosure Act provision currently contained in the Retirement Enhancement & Savings Act and the newly introduced SECURE Act… More

protected content ERIC Submits Letters on RESA Mark-Up and Hartogensis Nomination

We have heard that the House Ways and Means Committee is holding a mark-up of the Retirement Enhancement and Savings Act on Tuesday, April 5.… More

ERIC Asks Congress to Rethink Retirement Disclosure Responsibility of Employers

ERIC sent a letter to Congress expressing support for the passage of retirement legislation that would enhance retirement savings opportunities during this Congress. The letter also asked that lawmakers modify the Lifetime Income Disclosure Act (LIDA) provision, making options more effective and flexible for plan sponsors… More

protected content LIDA Update and Closed Plans Relief

Earlier this month, ERIC and two other trade associations delivered a letter to key elected officials on a proposed alternative to the Lifetime Income Disclosure Act (LIDA). As a reminder, the current version of LIDA would mandate that all plan sponsors include on retirement plan statements the annuitized amount of the individuals account balance… More

protected content Family Leave, Lifetime Income, Rothification

The Senate Finance Committee has scheduled a hearing to discuss Paid Family Leave. The hearing will be before the Subcommittee on Social Security, Pensions, and Family Policy… More

See All Updates

Letters to Congress

ERIC Urges Lawmakers to Modify Lifetime Income Disclosure Provisions

ERIC sent a letter to U.S. Representative Richard Neal (D-MA), Chairman of the House Ways and Means Committee, urging him to modify the Lifetime Income Disclosure Act provision currently contained in the Retirement Enhancement & Savings Act and the newly introduced SECURE Act… More

protected content ERIC Submits Letters on RESA Mark-Up and Hartogensis Nomination

We have heard that the House Ways and Means Committee is holding a mark-up of the Retirement Enhancement and Savings Act on Tuesday, April 5.… More

ERIC Asks Congress to Rethink Retirement Disclosure Responsibility of Employers

ERIC sent a letter to Congress expressing support for the passage of retirement legislation that would enhance retirement savings opportunities during this Congress. The letter also asked that lawmakers modify the Lifetime Income Disclosure Act (LIDA) provision, making options more effective and flexible for plan sponsors… More

ERIC Raises Concerns About Lifetime Income Disclosure Act

We are writing to you today in regards to the re-introduction of the Lifetime Income Disclosure Act in the 115th Congress. We applaud your efforts on putting forth policy proposals that focus on the importance of retirement savings for American workers. With respect to the legislation, we remain concerned that the mandate on employers to include the annuitized amount on retirement plan participant statements will only increase the cost to operate a plan and lead to mass confusion among participants… More

More Letters to Congress

Press Releases

ERIC Urges Lawmakers to Modify Lifetime Income Disclosure Provisions

ERIC sent a letter to U.S. Representative Richard Neal (D-MA), Chairman of the House Ways and Means Committee, urging him to modify the Lifetime Income Disclosure Act provision currently contained in the Retirement Enhancement & Savings Act and the newly introduced SECURE Act… More

ERIC Asks Congress to Rethink Retirement Disclosure Responsibility of Employers

ERIC sent a letter to Congress expressing support for the passage of retirement legislation that would enhance retirement savings opportunities during this Congress. The letter also asked that lawmakers modify the Lifetime Income Disclosure Act (LIDA) provision, making options more effective and flexible for plan sponsors… More

More Press Releases