Answered

Twins brother and sister each purchased a retirement annuity. When they retired at
the same time, each selected the life income option. Both have similar life styles and
are in good health. Which of the following is true with respect to their monthly
annuity payments?

A. The payments will be based on their health at the time the payments begin.

B. The woman's payments will be larger.
C. The man's payments will be larger.
D. Because they are the same age, they will receive the same payments