House Set to Vote on Bill Expanding Access to Annuities, Private Markets

The INVEST Act, set for a House vote in early December, would reconsider the definition of “accredited investor.” The legislation aims to create an exam-based pathway allowing skilled professionals, which could include CFP® professionals, to access private market investments, addressing criticism that current rules limit eligibility to those with $1 million in assets or $200,000 in annual income.

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