H.Res. 464 is a symbolic resolution expressing Congress's support for designating June as "National Annuity Awareness Month." The resolution does not create any law or mandate any government action; rather, it calls on the federal government, states, communities, schools, nonprofits, and businesses to recognize the month through awareness activities. The resolution emphasizes that annuities can provide guaranteed lifetime income for retirees and help address concerns about running out of money in retirement, and it encourages consumers to seek professional financial guidance when considering annuities. There is no funding attached to this resolution, and it has no direct budget impact or specific implementation timeline. The resolution was introduced by Representative Nunn of Iowa and co-sponsored by Representative Pettersen and was referred to the Committee on Oversight and Government Reform.
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