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NAIFA Members Serve Main Street USA

NAIFA Senior Vice President for Government Relations, Diane Boyle will be joining us during the 2021 APC Impact Week. Just added to the agenda, Boyle will provide a legislative and regulatory update on Tuesday, October 19.

She will discuss the proposed Build Back Better Act, a reconciliation package that includes tax increases and programs that would directly impact Main Street business, individuals, and families.

Provisions in the bill that are of special interest to advisors include:

  • Tax increases for businesses and some individuals
  • Changes to the tax rules for grantor trusts, including irrevocable life insurance trusts
  • Increased requirements for financial institutions to track and submit clients’ account information to the IRS

NAIFA is the leading advocacy association for insurance and financial advisors with members in every congressional district and advocates on behalf of financial professionals and their clients in Washington, D.C., and in every state capital.

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The Advanced Practice Impact week is a collaboration between NAIFA and the Society of FSP. The three days of sessions will include presentations from industry thought leaders covering a broad range of topics including succession planning and strategies for using life insurance for business owners.

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