After the total purchase price of an annuity has been excluded from income, the subsequent benefit payments are fully taxable.
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Q10: An annuity certain will pay benefits for
Q11: The benefits associated with variable annuities are
Q12: The distinguishing feature of the market value-adjusted
Q13: An annuity certain contains a survivorship element.
Q14: A temporary life annuity pays benefits until
Q16: Annuities are generally purchased as a way
Q17: Match the descriptions with their terms:
-A/An _
Q18: Match the descriptions with their terms:
-A/An _
Q19: Match the descriptions with their terms:
-A/An _
Q20: Match the descriptions with their terms:
-A/An _
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