WASHINGTON, D.C. – The Insured Retirement Institute (IRI) released the following statement from IRI President and CEO Cathy Weatherford following President Obama's State of the Union address last night:
"We applaud President Obama for his decision to highlight retirement security in his State of the Union address. Focusing on helping Americans save for their retirement years is at the core of IRI's mission, and the president and his administration have been valued partners in working toward this shared goal.
"The concept put forth by the president last night proposes another savings option for workers without access to an employer-provided retirement plan. These workers would have the opportunity to invest in Treasuries through workplace deductions, and later the assets could be moved into an individual retirement account (IRA).
