Write to your Members of Congress and Senators urging them to remove Sec. 138312 from the legislative draft text proposed by the House Ways & Means (“HW&M”) Committee. In order to deliver the Biden Administration’s “Build Back America” agenda, the HW&M Committee released their draft legislative proposals to “pay for” the $3.5 trillion budget. Section 138312 of that proposal, however, negatively impacts the ability of retail investors to access virtually any type of asset other than the most basic publicly traded security. This provision has the unintended consequence of preventing access to real estate offerings and other institutional quality assets, both public and private, that are part of a well-diversified retirement plan. Make your voice heard with a prefilled letter, which you can customize to add personal anecdotes or powerful client stories to highlight the how this provision will impact the Main Street retirement investor.