Which of the Following Statements Is Not True of Annuities

question 66

Multiple Choice

Which of the following statements is not true of annuities?

• A)They can provide annual payments for life
• B)They provide no tax advantages
• C)They have high fees
• D)You can withdraw your investment as a lump sum

---

Definitions:

Positive Abstractions

Conceptual ideals or values that are perceived as beneficial or constructive to individuals or society.

Ethical Ideations

The process of forming and contemplating ideas, principles, or standards of right conduct.

Desirable

An attribute or quality that makes something preferred or pleasing to individuals or groups.

Optimal Solutions

The most favorable or desirable solutions among all feasible solutions in a problem-solving or decision-making process.