The Insured Retirement Institute (IRI) has joined more than two dozen other financial services associations to provide written testimony to Congress to press for the preservation and enhancement of the voluntary employer-provided retirement system and more importantly, the tax incentives that support it.

The testimony was sent to the U.S. House Ways and Means Committee in an effort to ensure that the current tax treatment for employer-provided retirement efforts remains in place and is not subject to further taxation by a federal government hungry for new streams of revenue.

The IRI joined 28 other financial services organizations on the testimony, including the American Bankers Association, the American Council of Life Insurers, the National Association of Insurance and Financial Advisors, the Small Business Council of America and the U.S. Chamber of Commerce.