In The Spotlight
National Annuity Awareness Month
The retirement landscape in the United States is ever-changing. Individuals are living longer, working longer and needing income longer. Currently, more than 10,000 baby boomers on average are turning 65 each day and tasked with identifying how to plan financially for their golden years. Beyond this generation, younger adults are looking for ways to protect their assets while enjoying some of the market’s upside potential.
All of these reasons and more signify the prominent need for increased awareness and understanding of annuities. That’s why the Coalition for Annuity Awareness has declared June as National Annuity Awareness Month.
In 2015, the Coalition received signed proclamations from 14 states declaring June as National Annuity Awareness Month. Moving forward, the Coalition will work to underscore the importance of this event in all states and at the federal level through a Resolution in the House and/or Senate.
These powerful products aren’t what they used to be; rather, annuities are becoming a staple in retirement plans for young and old alike. Show your support for National Annuity Awareness Month!