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June Designated as National Annuity Awareness Month

The U.S. Senate has designated June as “National Annuity Awareness Month.” This aims to educate citizens about annuities as a way to secure predictable income in retirement and avoid financial hardship in later life. People are encouraged to seek professional financial advice.
Key points
June is officially designated as a month dedicated to educating the public about annuities.
The initiative aims to help citizens understand how annuities can provide stable retirement income.
People are encouraged to seek professional financial guidance for future planning.
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Additional Information
Print number: 117_SRES_695
Sponsor: Sen. Moran, Jerry [R-KS]
Process start date: 2022-06-23