A resolution designating June as "National Annuity Awareness Month".

3/12/2024, 11:41 AM

This resolution designates June as National Annuity Awareness Month and calls on the United States and other public and private entities to observe the month with appropriate programs and activities.

Bill 118 S.Res. 275, also known as a resolution designating June as "National Annuity Awareness Month," was introduced in the United States Senate. The purpose of this resolution is to bring attention to the importance of annuities as a financial tool for retirement planning.

Annuities are financial products that provide a steady stream of income over a period of time, typically in retirement. This resolution aims to educate the public about the benefits of annuities and encourage individuals to consider incorporating them into their retirement planning strategies.

The resolution highlights the role that annuities can play in providing financial security and stability for retirees, as well as the potential tax advantages they offer. By designating June as "National Annuity Awareness Month," the resolution seeks to raise awareness about the importance of planning for retirement and the various options available to individuals. Overall, Bill 118 S.Res. 275 is a non-partisan effort to promote financial literacy and encourage individuals to take proactive steps towards securing their financial future through the use of annuities.
Congress
118
Number
SRES - 275
Introduced on
2023-06-22
# Amendments
0
Sponsors
+5

Variations and Revisions

6/22/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This resolution designates June as National Annuity Awareness Month and calls on the United States and other public and private entities to observe the month with appropriate programs and activities.

Bill 118 S.Res. 275, also known as a resolution designating June as "National Annuity Awareness Month," was introduced in the United States Senate. The purpose of this resolution is to bring attention to the importance of annuities as a financial tool for retirement planning.

Annuities are financial products that provide a steady stream of income over a period of time, typically in retirement. This resolution aims to educate the public about the benefits of annuities and encourage individuals to consider incorporating them into their retirement planning strategies.

The resolution highlights the role that annuities can play in providing financial security and stability for retirees, as well as the potential tax advantages they offer. By designating June as "National Annuity Awareness Month," the resolution seeks to raise awareness about the importance of planning for retirement and the various options available to individuals. Overall, Bill 118 S.Res. 275 is a non-partisan effort to promote financial literacy and encourage individuals to take proactive steps towards securing their financial future through the use of annuities.
Alternative Names
Official Title as IntroducedA resolution designating June as "National Annuity Awareness Month".
Policy Areas
Finance and Financial Sector

Comments

Related

Bill Update Alert:  Expressing support for the designation of June as "National Annuity Awareness Month".

Recent Activity

Latest Summary11/25/2024

This resolution designates June as National Annuity Awareness Month and calls on the United States and other public and private entities to observe the month with appropriate programs and activities.

Latest Action6/22/2023
Referred to the Committee on the Judiciary. (text: CR S2241)