A ________ option provides payments over the life of both you and your spouse no matter how long you live.

Question

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A joint and survivor annuity ensures that payments will continue for both you and your spouse for as long as either of you live. This can provide financial security for your surviving spouse if you were to pass away first. The other options listed provide payments for a single individual, either for the duration of their life or as a lump sum payment.

A ________ Option Provides Payments Over the Life of Both