Based in the Washington, D.C. area, the American Retirement Association is a non-profit professional organization with two major goals: to educate all retirement plan and benefits professionals, and to create a framework of policy that gives every working American the ability to have a comfortable retirement.
On July 28, 2021, Brian Graff, CEO of the American Retirement Association, testified before the Senate Finance Committee in a Hearing entitled: “Building on Bipartisan Retirement Legislation: How Can Congress Help?”. In his testimony, Mr. Graff cited projections that enactment of new legislation could create 51 million new individuals saving for retirement and add an additional $6.2 trillion in retirement savings over a 10-year period.…
On June 10, 2021, the American Retirement Association wrote to the Securities and Exchange Commission (SEC) to respond to the request for input on climate-related financial disclosures. The American Retirement Association urged the SEC to include clear, consistent easily understood information accounting for the widest array of investors in these disclosure requirements. (more…)
On May 28, 2021, the American Retirement Association wrote to Senators James Lankford (R-OK) and Michael Bennet (D-CO) in support of the Enhancing Emergency and Retirement Savings Act. The bill creates a new category of distribution in a 401(k) plan to allow workers to address a personal financial emergency without an additional tax penalty. (more…)