The straight life annuity gives more income per dollar of outlay than any other type.

Question

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The straight life annuity typically provides the highest income payout per dollar of investment compared to other types of annuities, such as joint and survivor annuities or period-certain annuities. This is because the straight life annuity pays out only for the lifetime of the annuitant, rather than covering any joint lives or guaranteeing a minimum payout period. However, it is important to carefully consider individual needs and goals when choosing an annuity option.

The Straight Life Annuity Gives More Income Per Dollar of Outlay