A(n)____________________ Is Something That Happens Unintentionally

question 39

Short Answer

A(n)____________________ is something that happens unintentionally.

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Definitions:

Single Life Annuity

An annuity that provides payments for the lifetime of the annuitant only, ceasing upon their death.

Annuity Contract

A financial product issued by an insurance company that offers fixed or variable payments to an individual, typically beginning at retirement.

Expected Return

The anticipated amount of profit or loss an investment is to generate over a specific time period.

SIMPLE Pension Plan

A retirement savings plan that allows employees and employers to contribute to individual retirement accounts (IRAs) setup for employees, typically suitable for small businesses.