IFAPAC

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INSURANCE AND FINANCIAL ADVISORS POLITICAL ACTION COMMITTEE

IFAPAC is a term used to describe a committee sponsored by NAIFA at the federal level and the PAC’s sponsored by each state association. Each PAC is a fund that supports the campaigns of candidates for public office who understand issues important to insurance agents and financial advisors. IFAPAC’s goal is to help the associations advance the legislative and regulatory interests of the members of NAIFA. While any U.S. citizen can contribute to IFAPAC, only members of local NAIFA associations may be solicited to do so. Contributions must be voluntary. Contributions are not tax deductible for federal income tax purposes.

NAIFA’s Political Action Committee is one of the largest PACs in the insurance industry and ranks among the top one percent of all 3,700 PACs registered with the Federal Election Commission. In the last election cycle, the national IFAPAC and the 50 state IFAPACs contributed approximately $3 million to federal and state candidates and committees.

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For more information to contribute or get involved with NAIFA New Mexico’s IFAPAC Committee, please contact Bob Rausch/ (505) 280-8092.

 

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