top of page
  • Writer's pictureGeorge Kolitsas

Unlock the Power of Annuities

June “National Annuity Awareness Month”

Discover Your Path to Financial Freedom!


June is National Annuity Awareness Month, dedicated to increasing knowledge and understanding about annuities and their importance in securing a prosperous retirement. Join us as we explore the benefits and opportunities annuities offer, empowering you to make informed financial decisions for a secure future.

Coalition For Annuity Awareness
National Annuity Awareness Month

National Association for Fixed Annuities (NAFA)

June is here, and with it comes National Annuity Awareness Month (NAAM), a time to shed light on the importance of annuities in securing a comfortable retirement. Since 2010, the National Association for Fixed Annuities (NAFA) has spearheaded this initiative to educate Americans on the benefits of annuity products. In collaboration with the Coalition for Annuity Awareness, NAFA and its partners work diligently to provide resources, webcasts, and educational materials that empower both financial professionals and the public to make informed decisions about their retirement savings. As the retirement landscape evolves and individuals seek ways to protect their assets while ensuring a steady income stream, the role of annuities becomes increasingly crucial.

What is a Fixed Indexed Annuity?

So, what exactly is a Fixed Indexed Annuity? A Fixed Indexed Annuity is a retirement product that offers a unique combination of financial security, growth potential, tax advantages, and lifetime income. By entering into a contract with an insurance carrier and making either a lump sum payment or a series of payments, you can secure a reliable income source during your retirement years. Unlike other retirement products, annuities provide a guaranteed rate of return, making them an attractive alternative to CDs or Treasury bonds. Additionally, annuities offer the advantage of tax-deferred growth, allowing your savings to compound faster over time and provide you with extra income in retirement.

Why choose an Annuity?

Choosing an annuity comes with several benefits that can significantly impact your financial well-being. First and foremost, annuities provide a guaranteed income for life, offering you peace of mind during your retirement years. Additionally, annuities protect your principle from market fluctuations, ensuring that your savings remain intact regardless of economic conditions. Moreover, the account value and interest earned in annuities grow tax-deferred, allowing your investment to accumulate more efficiently. Annuities also facilitate wealth transfer, enabling you to leave a legacy to your loved ones without the complications of probate. With low minimum investment requirements, some as low as $500 depending on the annuity carrier, annuities are accessible to a wide range of individuals. They can be set up in various account types, such as non-qualified (savings/checking), traditional IRA or 401k, Roth IRA, SEP, and 403b, offering flexibility to suit your specific needs. Moreover, depending on the annuity, additional riders may be available, including nursing home benefits, terminal illness benefits, and home health benefits, providing added security and peace of mind.

In Conclusion...

In conclusion, National Annuity Awareness Month serves as a reminder of the pivotal role annuities play in building a secure future. With guaranteed income, principle protection, tax advantages, wealth transfer benefits, and various account types and riders, annuities offer a comprehensive retirement solution. Take advantage of this month to educate yourself about annuities and their potential to provide a steady income stream for life. Let us embrace the slogan, "Build a secure future with an annuity," and take proactive steps towards securing our financial well-being in retirement.


"Build a Secure Future with an Annuity"

To explore the annuity options that are customized to your needs and goals, reach out to me, a local broker and financial professional. I have the team and expertise to guide you through the annuity shopping process, ensuring you find the right solution for your retirement plan.


bottom of page