Principal Financial Group Partners with CDIA to Enhance Disability Income Protection Awareness
- Principal Financial Group joins CDIA to promote awareness of disability income protection for financial security.
- The partnership enhances understanding of disability income protection for consumers, employers, and financial advisors.
- Principal is recognized for ethical practices and aims to lead in promoting financial resources for disability income protection.
Principal Financial Group Joins Forces with CDIA to Promote Disability Income Awareness
In a significant move to enhance financial security for working Americans, Principal Financial Group announces its membership with the Council for Disability Income Awareness (CDIA) as of November 3, 2025. Based in Des Moines, Iowa, Principal Financial Group is a global leader in financial services, providing retirement solutions, asset management, group benefits, and life insurance to approximately 70 million clients. The company's commitment to long-term financial security aligns seamlessly with the CDIA's mission to educate about the importance of income protection in the face of potential disabilities.
Andy Schafer, Vice President of Workplace Benefits Solutions at Principal, expresses pride in joining CDIA, emphasizing that income protection is vital for achieving overall financial stability. This collaboration not only highlights Principal's dedication to safeguarding consumers but also positions the company as a proactive advocate in the disability income protection space. Bob Herum, President of the CDIA, welcomes Principal as a key industry player, noting that their participation will significantly enhance awareness and understanding of disability income protection among consumers, employers, and financial advisors.
The partnership between Principal and CDIA underscores a shared commitment to building a financially secure future for individuals and businesses. The CDIA, a leading non-profit organization, focuses on educating stakeholders about the financial risks associated with disabilities. Through this collaboration, both organizations aim to expand access to critical financial resources and advocate for income protection solutions that can mitigate the impact of disabilities on workers. This strategic alliance is expected to foster a greater understanding of disability income protection, ultimately benefiting millions of Americans who rely on such safeguards.
In addition to this new partnership, Principal Financial Group has garnered accolades for its ethical practices, being recognized as one of the 2025 World's Most Ethical Companies. The company is also celebrated as a Best Place to Work in Money Management, reflecting its commitment to both employee satisfaction and corporate responsibility. This reputation positions Principal not only as a leader in financial services but also as a trusted advocate for consumer education and financial literacy.
The collaboration with CDIA marks a pivotal moment for Principal in furthering its mission to protect individuals from financial uncertainty due to disabilities. By leveraging its industry expertise, Principal aims to lead the way in promoting financial resources and education focused on disability income protection, ensuring that Americans have the necessary tools to secure their financial futures.
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