A 10-Year Period-Certain Guarantee

A 10-year period-certain guarantee

A) is not available in conjunction with an annuity based on more than one life,
B) when made in connection with a single-life annuity, will cease payments at the death of the annuitant or the expiration of 10 years, whichever occurs later,
C) when made in connection with a single-life annuity, will cease payments at the death of the annuitant or the expiration of 10 years, whichever occurs first,
D) will have a larger effect if the annuitant is relatively young.