Unless It Is Indexed, an Annuity Provides No Protection from Inflation

question 71

True/False

Unless it is indexed, an annuity provides no protection from inflation.

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Definitions:

Digestive

Pertaining to the process of breaking down food into nutrients that the body can absorb and use.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.

Productivity

The measure of efficiency in producing goods and services, often evaluated in terms of output per unit of input.

Timeliness

The quality of being done within an expected or appropriate time frame.