The refund feature on an annuity guarantees that
A) you will be satisfied with the investment build-up,because you may withdraw your funds at will.
B) you can withdraw all your contributions at age 59-1/2.
C) payments will continue until they have at least refunded the cost of the annuity.
D) the insurance company can refund your payments and terminate your annuity at its discretion.
Correct Answer:
Verified
Q45: Low income earners
A)may contribute additional amounts to
Q46: One common characteristic shared by both the
Q47: The maximum annual contribution to an individual
Q48: The earnings on an deferred annuity are
A)subject
Q49: An annuity that begins payments one period
Q51: IRA funds may be invested in all
Q52: A marriage partner of a spouse with
Q53: For a Roth IRA the initial contribution
A)is
Q54: Married couples that have adjusted gross income
Q55: Congress has already enacted future changes in
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