Which of the Following Is Not Fundable by Annuities

All of the following are true about annuities EXCEPT. Annuities do not provide death benefits.

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The annuitant cannot be the same person as the annuity owner.

. Teachers and not - for-profit organizations. Car loan Get the answers you need. C The funds are invested in the companys general account.

The annuitant receives the annuity benefits. Which of the following is NOT a type of annuity. Which of the following are NOT fundable by annuities.

Backward O Level Growing Ordinary O Due. A parent saving for a childs college c. Under the terms of the plan money paid into the annuity called premiums or contributions is not included in taxable income for.

Which of the following is NOT true regarding the annuitant Definition. Which of the following is NOT an example of annuitiesa. See the answer See the answer See the answer done loading.

B It covers terminated employees andor their dependents for up to 36 months after a qualifying event. If an annuitant selects the straight life annuity settlement option in order to receive all of the money out of the contract it would be necessary to. A Live at least to his.

What are not fundable by annuities. Which of the following is NOT a legitimate use of annuities by Definition. Which of the following statements is NOT correct concerning the COBRA Act of 1985.

Understand that variable annuities are designed as an investment for long-term goals such as retirement. C The 350 you pay every morning for a bagel and coffee as you run to your first morning class. Equity indexed annuities Definition.

The annuitant cannot be the same person as the annuity owner. An Immediate Annuity is designed to provide each of the following features EXCEPT. She has accumulated 100000 in a retirement annuity and now wants to select the benefit option that will pay the largest monthly amount for as long as.

Which of the following are NOT fundable by annuities. Which of the following is NOT a type of annuity. A 403 b plan commonly referred to as a TSA is available to be used by Definition.

Be notified when an answer is posted. Variable annuities also involve investment risks just as mutual funds do. Which of the following are NOT fundable by annuities.

A The university tuition bill you pay every month that is always the same. A lottery winner who opted for a lump-sum payment b. D The company guarantees a minimum interest rate.

The creation of an estate. B The grocery bill that changes every week. The payments that the annuitant invests into the variable annuity are invested in the insurers separate account.

Which of the following is not true regarding the. Seek higher returns Term. Which of the following would NOT be appropriate for an immediate annuity.

D All the examples above are annuity cash flows. Your client is planning to retire. A It requires all employers regardless of the number or age of employees to provide extended group health coverage.

They are not suitable for short-term goals because you typically will pay substantial taxes and charges or other penalties if you withdraw your money early. A A persons retirement b Estate liquidation c Death benefits d Cash accumulation for any reason. The annuitants life expectancy is taken into consideration for the annuity.

Creating a tax shelter. The separate account under many annuities provides the annuitant with a dozen or more investment options ranging from money market funds to. They have all the same characteristics as life insurance.

Teachers and not-for-profit organizations. This problem has been solved. A beneficiary collecting the face amount of a life insurance policy d.

Want this question answered. Someone who just won a large settlement. A qualified annuity is one used to invest and disburse money in a tax-favored retirement plan such as an IRA or Keogh plan or plans governed by Internal Revenue Code sections 401 k 403 b or 457.

Backward O Level Growing Ordinary O Due. The annuitant cannot be the same person as the annuity owner. B The grocery bill that changes every week.

Your client has a large sum of money to invest from the proceeds of the sale of his home. Those are provided by life insurance. The annuitant must be a natural person.

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