Variable Annuity Contract Does All of These Except

question 21

Multiple Choice

Variable Annuity contract does all of these except:

• A) Offers a variety of investment choices
• B) Imposes a surrender charge
• C) Allows a tax-deferred investment growth
• D) Limits allowed annual contribution

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Definitions:

Lean

Characterized by a high ratio of muscle to body fat, or in business, operating with efficiency and minimal waste.

Athletic

Relating to or involving sports, physical activities, or the physical skills and abilities required in sports.

Overweight

A condition where an individual has more body fat than is optimally healthy, typically measured by a body mass index (BMI) greater than 25.

Social Comparison Theory

The idea that individuals compare themselves with others in order to assess their abilities and opinions.