What Type of Annuity Is Generally Purchased by People of Retirement

question 46

Multiple Choice

What type of annuity is generally purchased by people of retirement age?

• A)deferred annuity
• B)immediate annuity
• C)single-premium deferred annuity
• D)flexible-premium deferred annuity
• E)Keogh annuity

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Definitions:

Sincere Apology

A genuine expression of remorse for actions or words that have caused harm or offense to others.

Establish Rapport

The process of building a positive relationship between individuals, characterized by trust, understanding, and mutual respect.

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Anxiety or fear experienced before or during a public appearance or performance.