Solved

Which of the Following Statements Is False

Question 71

Multiple Choice

Which of the following statements is false?


A) Payments for a life annuity can continue until death.
B) Transfers between annuity companies are tax-free.
C) Annuities are legitimate tax shelters.
D) An annuity has no investment limit.
E) Annuities provide opportunities for retirement income to grow.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents