Immediate Annuities Provide Income Payments at Once and Are Usually

question 97

True/False

Immediate annuities provide income payments at once and are usually purchased with a lump-sum payment.

---

Definitions:

Awareness

The knowledge or perception of a situation or fact; the ability to consciously experience or be cognizant of events.

Sleeping Pills

Medications designed to help individuals fall asleep or stay asleep, often used to treat insomnia or other sleep disorders.

Sedatives

Medications or substances that are used to induce calmness or decrease activity, often prescribed to reduce anxiety or induce sleep.

Classified

Information, documents, or material that has been officially deemed confidential and restricted in terms of access and disclosure.