Plain language
Define important terms before using them and separate contract facts from illustrations.
About the initiative
Mission and approach
We help retirees and pre-retirees understand annuity choices through balanced, plain-language financial education.
Our mission
Information people can use before a decision becomes a contract
Next Gen Retirement Initiative is a non-profit organization dedicated to helping retirees and pre-retirees make informed financial decisions through education about annuities.
We focus on an area where a few words can change the meaning of a promise. A rate may be guaranteed for one period and reset later. A lifetime payment may continue as long as a person lives but offer limited access to principal. A withdrawal feature may be available while a separate surrender charge still applies to larger amounts.
Our role is to make those distinctions visible. We organize core concepts, decision questions, and trusted public resources so visitors can have a more productive conversation with qualified professionals and read a contract with greater confidence.
Organization transparency
Federal identification information
Verified organization details help visitors distinguish nonprofit education from commercial annuity marketing.
Next Gen Retirement Initiative
Federal tax ID (EIN): 41-2470313
An EIN identifies an organization for federal tax administration. An EIN alone does not establish that contributions are tax-deductible or confirm the organization's current tax-exempt status.
Verify tax-exempt status and public filings through the IRS (opens in a new tab)
How we teach
Four standards guide every resource
Balanced context
Discuss benefits with liquidity limits, inflation, taxes, costs, and insurer obligations.
Verifiable claims
Direct readers to contract documents and public sources from regulators and consumer agencies.
Respect for choice
Support informed questions without steering visitors toward a carrier, agent, or product.
Who we serve
Education for decisions before and during retirement
- Pre-retirees exploring how future income may complement Social Security, pensions, savings, and investments.
- Retirees reviewing a fixed annuity, an income election, a renewal, or a proposed replacement.
- Families and caregivers helping a loved one organize questions without taking control of the decision.
- Community organizations seeking a no-sales educational program for older adults.
Our independence standard
This website does not sell insurance, generate annuity quotes, rank insurance companies, or accept applications. Educational forms are for questions and program requests only. Visitors should never submit Social Security numbers, account numbers, contract numbers, or other sensitive financial information.
What informed means
A good decision is more than knowing a rate
An informed consumer can explain the goal the contract is meant to address, the guarantee and its duration, the conditions for receiving it, the cost of leaving early, the income options, the tax considerations, and the role of the issuing insurer.
That does not make every decision simple. It does make hidden tradeoffs easier to recognize and creates a record of the questions that were asked.
Partner with us for financial literacy education
Libraries, community groups, nonprofits, and retirement-focused organizations can request a plain-language annuity workshop with no product sales.