From the office of the NAIFA-Texas President - May 2025

We live during interesting times and whereas there are extremely intelligent people in this country, there are few things that anyone knows for certain. As you speak with clients, I hope you share that as one of your reasons for being a NAIFA-Texas member.

INFORMATION PUBLISHED ON AT.NAIFA.ORG

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The Social Security Administration announced that it is reinstating National Social Security Month, a campaign to raise public awareness about accessing and optimizing benefits. Last observed in 2019, the campaign was paused during the pandemic and has been revived to help Americans make informed decisions about their retirement income.

Every day, 10,000 Baby Boomers become eligible to claim Social Security, creating an opportunity for financial professionals to guide clients through one of the most important steps in their retirement journey. NAIFA is committed to helping financial professionals turn this critical moment into opportunity through powerful tools and training, including the Registered Social Security Analyst (RSSA) program and educational resources like the on-demand webinar, "Social Security Financial Wellness: Help Your Clients Maximize Their Benefits." (NAIFA Members may access the webinar here.)

NAIFA-Texas is excited to welcome the following new members. We look forward to their involvement and are honored for them to join our great network of financial professionals!

INFORMATION PUBLISHED ON AT.NAIFA.ORG

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Loan split dollar remains one of those advanced market strategies that engenders two distinct reactions among financial professionals. One reaction sees nearly unlimited opportunity in the executive business market, while another relegates this concept to the esoteric and inapplicable. Though the latter reaction may be natural for those still stuck in an early 2000s mindset, today’s financial professionals would be remiss if they didn’t seize this impactful strategy and place it in their executive benefit toolkit.

The particulars of this technique (sometimes called collateral assignment split dollar) are beyond the constraints of this piece, but a synopsis of the “Why” behind loan split dollar will help to explain the rationale and provide a brief review of this executive benefit strategy.

NAIFA Houston hosted their 1st Annual Pickleball Tournament in April 2025! Member, guest, and sponsor contributions made this event a success and contributed to the growth of NAIFA Houston!

INFORMATION PUBLISHED ON AT.NAIFA.ORG

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Family caregivers provide $600 billion in unpaid care each year, often impacting their own career opportunities or their families’ financial security. To help them cope with this burden, NAIFA strongly supports the bipartisan Credit for Caring Act, which would provide a $5,000 tax credit to offset out-of-pocket costs associated with home caregiving. These may include the cost of home modifications, health aides, adult daycare, medicines, transportation, and other support services.

NAIFA-Texas is excited to welcome the following new members. We look forward to their involvement and are honored for them to join our great network of financial professionals!

INFORMATION PUBLISHED ON AT.NAIFA.ORG

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Charitable giving plays a vital role in many clients’ financial plans, yet discussions often focus heavily on tax mitigation rather than the true philanthropic intent behind the gift. Selecting the right charitable planning tools ensures that clients maximize both their financial benefits and the lasting impact of their contributions.

NAIFA-Dallas held their 2025 Annual Awards & Celebration of Achievement Dinner this month to honor the Mel Meyers Member of the Year Award and the OC Jackson Hall of Fame Award recipients. 

NAIFA-Texas Stipend

The first 20 NAIFA-Texas members who submit their Congressional Conference registration receipt to NAIFA-Texas AND meet the eligibility requirements will receive a $500 travel stipend following the event.