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25-04-2024
Business

Answered

When considering why to buy annuities, which of the following statements is correct?
Multiple Choice
It is better to fund a fixed annuity before fully funding your IRA, Keogh, or 401(k).
The timing for payments of a fixed annuity is variable.
It is better to fully fund your IRA, Keogh, or 401(k) before buying an annuity.
A fixed annuity is one where the investments put into the annuity are variable.
It is better to fund a variable annuity before fully funding your IRA, Keogh, or 401(k).

Answer :

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