The National Association for Fixed Annuities is helping to make this month the second annual National Annuity Awareness Month.
NAFA worked with other members of an annuity support group, the Coalition for Annuity Awareness, to organize the first awareness month outreach campaign in June 2021.
Chuck DiVencenzo, NAFA's president, said NAFA started the effort because of the overwhelming financial and economic uncertainties Americans face, and their need to build lifetime income solutions into comprehensive retirement plans.
The list of organizations supporting this year's campaign includes two that have been competing for financial advisors' attention in other spheres: Finseca and the National Association of Insurance Financial Advisors.