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

Bill 117 S.Res. 695, also known as the resolution designating June as "National Annuity Awareness Month", was introduced in the United States Senate. The purpose of this resolution is to raise awareness about annuities and their importance in retirement planning.

An annuity is a financial product that provides a stream of income for a specified period of time, typically in retirement. This resolution aims to educate the public about the benefits of annuities, such as providing a guaranteed income stream, protecting against market volatility, and ensuring financial security in retirement.

By designating June as "National Annuity Awareness Month", the resolution encourages individuals to learn more about annuities and consider incorporating them into their retirement planning strategies. This initiative is particularly important as many Americans face challenges in saving enough for retirement and may benefit from the stability and security that annuities can provide. Overall, Bill 117 S.Res. 695 seeks to promote financial literacy and empower individuals to make informed decisions about their retirement savings. It highlights the importance of planning for the future and encourages individuals to explore the benefits of annuities as a valuable tool in achieving financial security in retirement.