NAIFA-NYS staff, as required by
the Governor, are now working remotely
in response to COVID-19.
We remain fully accessible
via phone and e-mail.
the magazine of NAIFA-NYS
To Our Members:
The federal government has put out not one but two lifelines for businesses to help keep them afloat during the COVID-19 crisis. The Paycheck Protection Plan (PPP) and the Economic Injury Disaster Loans (EIDL) are two programs designed to QUICKLY provide funds to cover immediate needs and longer-term obligations. Materials on these programs are posted to the COVID-19 Resource Center of our website.
It is critical that you work to review these programs and apply for them AS SOON AS POSSIBLE! The expectations are high that there will be overwhelming interest in them, especially the PPP as that is open to virtually all businesses with less than 500 employees. Talk to your banker, give us a call, or directly fill out the application and submit it to your lender of choice. They are taking applications now and, per information we have received, they will start to be processed tomorrow, Friday, April 3rd.
DO NOT DELAY!
Thank you for all you are doing for your clients. Now let’s do something for you.
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Between 1999 and 2019, the total debt for Americans above age 70 skyrocketed 543%, according to the Federal Reserve Bank of New York, thanks largely to a deterioration in the nation's "modest social safety net". [...]
State insurance regulators finally have hammered out their "best interest" model regulation for annuities, and now NAIFA and other industry players are pushing states around the country, both liberal and conservative, to pass the new [...]
According to a new survey from SimplyWise, there are five common blind spots in people's understanding of Social Security benefits and requirements--and that, of course, highlights the critical need for consumers to rely on a [...]
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The third stop on the NAIFA-NYS 2020 legislative breakfast tour was in the Mohawk Valley on March 10. Nearly every area legislator (plus many legislative staff) attended and heard briefings on NAIFA-NYS priority issues [...]
The 2020 NAIFA-NYS legislative breakfast tour began, as it has traditionally, in Buffalo - one of the state's strongest local associations. State and regional leadership, including NAIFA-NYS President and NAIFA-Buffalo past president Phil Held, [...]