When Considering Why to Buy Annuities, Which of the Following

question 86

Multiple Choice

When considering why to buy annuities, 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 fixed 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 put into the annuity are variable.
• E) It is better to fully fun your IRA, Keogh, or 401(k) before buying an annuity.

---

Definitions:

7 to 9 Months

A period of infant development where major milestones include sitting up, starting to crawl, and babbling.

16 to 18 Months

A stage in early childhood development characterized by rapid growth in language and physical skills, as well as the beginnings of autonomy.

24 to 28 Months Old

A developmental age range in toddlers marked by significant growth in motor skills, language acquisition, and independence.

9 to10 Months Old

A developmental age range in infants characterized by major milestones such as improved mobility, babbling, beginning of object permanence understanding, and anxiety around strangers.