NAIFA Blog

Tax Reform Illustrates the Importance of NAIFA Membership

November 15, 2017

“Laws are like sausages. It’s better not to see them being made.”                         - Attributed to Otto Von Bismark ( though he probably didn’t say it )   Dear friends, Times like these are a big reason you are a NAIFA member.* Congress and the administration are deep in the sausage-making process of tax-reform . I don’t need to tell you how important tax laws are to the success of your family, your business, your clients, and our country. Though much is happening behind...

"Rothification" Emerges as Potential Tax Reform Risk

October 19, 2017

Dear NAIFA member,   NAIFA continues to monitor the prevailing winds on Capitol Hill as members of congressional tax-writing committees draft tax-reform legislation. Much of their work is occurring behind closed doors, but we know lawmakers are searching for ways to pay for tax cuts that they and the Trump administration have promised. We must be vigilant to ensure that our concerns are heard. Fortunately, NAIFA is the largest and most influential association representing advisors and ...

A Message to Members and Your Clients: NAIFA has Your Back

September 28, 2017

Dear NAIFA member,   Tax season may not begin until next year, but we have officially entered tax-reform season. The White House and Republican leaders in Congress yesterday released their “ Unified Framework for Fixing Our Broken Tax Code ,” which establishes guiding principles for congressional tax-writing committees tasked with drafting legislation in the months to come.   It is times like these that NAIFA’s advocacy efforts switch into high gear, and NAIFA members like you r...

NAIFA CEO Comments on DOL Decision Not To Extend Delay of Fiduciary Rule

May 23, 2017

NAIFA's CEO issued the following statement: "While NAIFA is disappointed that DOL does not believe it has the legal standing to implement a full delay, we are eager to work with the administration and Members of Congress to make needed revisions," said NAIFA CEO Kevin Mayeux, CAE. "Tomorrow, 700 advisors from every state participating in NAIFA's Congressional Conference will visit Capitol Hill offices and emphasize the unique ability of NAIFA members to provide real examples of how the rul...

NAIFA Survey Gauges Impacts of DOL Fiduciary Rule

April 17, 2017

A new survey of 1,093 NAIFA members has found that the Department of Labor’s fiduciary rule is already hampering advisors’ ability to serve clients and is likely to increase consumer costs.   Nearly 46 percent of the advisors in the survey said they have already experienced restrictions in the types of products they can offer their retirement plan clients, and an additional 44 percent expect such restrictions. Twenty percent have had to increase their clients’ minimum account balances s...