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Expressing support for the designation of June as "National Annuity Awareness Month".
Expressing support for the designation of June as ``National Annuity Awareness Month''.
Summary
This resolution expresses the House of Representatives' support for designating June as "National Annuity Awareness Month" to promote education about annuities as a retirement income planning tool. The resolution acknowledges concerns about individuals outliving their retirement savings and highlights annuities as the only financial product that can guarantee lifetime income in retirement. The resolution calls on the federal government, states, localities, schools, nonprofits, businesses, and the American public to observe the month with appropriate programs and activities to educate consumers about annuities and encourage professional financial guidance for retirement planning. The resolution does not create new law or programs, but rather expresses Congressional support for private and public efforts to increase annuity awareness.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Nunn, Zachary [R-IA-3] (R-IA)
1 cosponsor
Money behind the sponsor
Top reported contributors to Zachary Nunn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $397,838
- MARQUIS MANAGEMENT INC. $16,550
- BRODIE GENERATIONAL CAPITAL PARTNERS $16,500
- STARKEY HEARING TECHNOLOGIES $13,200
- APOLLO GLOBAL MGMT $13,000
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Zachary Nunn → · Outside spending →
Actions (2)
- Jun 3, 2025 Referred to the House Committee on Oversight and Government Reform. · house
- Jun 3, 2025 Submitted in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
June 3, 2025
Mr. Nunn of Iowa (for himself and Ms. Pettersen) submitted the following resolution; which was referred to the Committee on Oversight and Government Reform
RESOLUTION
Expressing support for the designation of June as “National Annuity Awareness Month”.
Whereas annuities provide a predictable way to meet immediate, ongoing, and future financial obligations and objectives in retirement; Whereas surveys consistently indicate that the vast majority of individuals in the United States are looking for a financial solution that provides the benefits offered by annuities, specifically the ability to address the critical concern of running out of money during retirement; Whereas outliving retirement savings can—
(1) create a financial hardship that reduces the standard of living in retirement;
(2) defeat the fulfillment of legacy goals; and
(3) require dependence on family and friends for monetary support;
Whereas millions of individuals in the United States currently lack an adequate level of guaranteed income in retirement to ensure a secure financial future for themselves and their loved ones; Whereas research indicates that an owner of an annuity has a higher confidence in overall retirement readiness; Whereas an annuity is the only product in the financial marketplace that can provide guaranteed lifetime income; Whereas determining the type of annuity to buy and when to take income is one of the most important financial decisions a consumer will ever make, and individuals and families can benefit greatly from the expert guidance of a financial professional; and Whereas numerous stakeholders who support annuities have designated June as “National Annuity Awareness Month”, the goals of which are—
(1) to educate consumers on annuity benefits;
(2) to support access to annuities to meet the individual financial goals of consumers; and
(3) to encourage savers to seek professional guidance to implement annuities effectively in income and legacy planning: Now, therefore, be it
Resolved, That the House of Representatives—
(1) expresses support for the designation of “National Annuity Awareness Month”; and
(2) calls on the United States Government, the States, localities, schools, nonprofit organizations, businesses, and the people of the United States to observe National Annuity Awareness Month with appropriate programs and activities. <all>
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