NAIFA Members Talk Tax Reform on Capitol Hill

Insurance and financial advisors in Washington, D.C., this week for NAIFA’s annual National Advocacy Meeting are on Capitol Hill today meeting with their federal legislators. NAIFA members from across the country are participating in meetings with more than 200 congressional offices.
 
Today’s Day on the Hill serves as a prelude to NAIFA’s annual Congressional Conference, scheduled for May 22-23, 2018. The NAIFA Congressional Conference is the largest Capitol Hill fly-in in the insurance and financial services industry, and NAIFA is working with the American Council of Life Insurers and other industry partners to attract more than 1,000 advisors to the event this spring.
 
At today’s meetings, NAIFA members are explaining to lawmakers and their staffs that advisors are a critical component of an industry that serves as a private-sector safety net for families by providing financial and retirement security through life insurance, retirement plans and annuities, and long-term care, and disability income insurance.
 
Specifically, NAIFA members are discussing uncertainty in the life insurance provisions of the current House and Senate tax reform bills. They are voicing support for an amendment presented by Sen. Tim Scott (R-S.C.) to provide a workable solution to these uncertainties and urging their own senators to sign on as co-sponsors.

The National Advocacy Meeting

Yesterday, NAIFA state Political Involvement Committee and Political Action Committee chairs received legislative updates and training on grassroots advocacy.
 
NAIFA Government Relations Director Michael Hedge held a main stage discussion with Sean Dillon, senior policy advisor for Rep. Ann Wagner (R-Mo.), entitled “A Peek Under the Dome,” providing grassroots activists with “insight into what makes Congress work” and tips on how to advocate effectively.
 
Dillon confirmed that grassroots activists from their lawmakers’ home states carry great weight, because members of Congress are most interested in the views of their constituents and less concerned with the opinions of those from outside their district or state. He suggested that during meetings, advocates are most effective when they are concise and get to a single point quickly. A little “chit-chat” to get to know the members of Congress is ok, but lawmakers often have very full schedules.
 
In a later session, David M Lusk, founder of Key Advocacy, emphasized the importance of attendees continuing their advocacy efforts when they return home. There are many ways for advocates to make a difference in their home districts. These include:
  • Attending town hall meetings
  • Writing letter to the editor or op-ed columns supporting lawmakers
  • Scheduling meetings at district offices
  • Going to community events where members of Congress appear
  • Contributing to political action committees and attending PAC events
  • Creating their own events, such as coffees, lunches, or learning events, and inviting lawmakers
Lusk said that elements of a successful in-district advocacy program include:
Finding people with the needed passion, comfort level, and willingness to engage with lawmakers and their staff
  • Showing how issues important to you are important to the lawmakers’ other constituents
  • Providing a variety of perspectives on the importance of your issues
  • Cultivating relationships with members of Congress and their staff
  • Posted November 30, 2017 IN


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