Which of the following statements regarding variable annuities is always true?
A) Variable annuities offer great flexibility in the amount of each premium payment,
B) The premiums owed are expressed in terms of annuity units,
C) Variable annuities are best suited for the needs of retirees because they provide a predictable income flow,
D) The annuity benefit fluctuates with the performance of an investment portfolio.
Correct Answer:
Verified
Q35: Which of the following would have the
Q36: A 10-year period-certain guarantee
A) is not available
Q37: Jill, age 39, can buy a deferred
Q38: An annuity that would be particularly suitable
Q39: An annuity that would be particularly suitable
Q40: A married couple with only one spouse
Q41: Jim is 50 years old, childless, and
Q43: An early withdrawal penalty tax generally will
Q44: If a single-premium immediate variable annuity is
Q45: A 45-year-old single male has very little
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