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June 17, 2026
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Download official Senate Record PDFReturn to issue contextSENATE RESOLUTION 774—DESIGNATING JUNE AS “NATIONAL ANNUITY AWARENESS
MONTH”
Mr. MORAN submitted the following resolution; which was referred to the Committee on the Judiciary:
S. Res. 774
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 Senate—
(1) designates June as “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.