Which of the Following Statements Is Correct

question 21

Multiple Choice

Which of the following statements is correct?

• A) It is better to fund a fixed annuity before fully funding your IRA, Keogh, or 401(k).
• B) The timing for payments of a variable annuity are variable.
• C) It is better to fund a variable annuity before fully funding your IRA, Keogh, or 401(k).
• D) A fixed annuity is one where the investments made into the annuity are variable.
• E) It is better to fund an IRA, Keogh, or 401(k) before buying an annuity.

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Definitions:

Function

The purpose or role that an object or process serves.

Hormones

Chemical substances produced in the body that regulate and control the activity of certain cells or organs.

Tasks

Specific pieces of work to be done, often as part of a larger project or goal.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for physical activity by increasing heart rate, constricting blood vessels, and raising blood pressure.