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In Business / College | 2025-07-03

At annuitization, what pay-out options are available from a variable annuity?
A. Joint and survivor only
B. The same options that are available on fixed annuities.
C. Life annuity only
D. Period certain only

Asked by kmullins67

Answer (2)

Variable annuities offer several payout options at annuitization, including life annuity, joint and survivor annuity, and period certain. These options provide flexibility and diverse income strategies for different financial situations. Thus, the answer is that variable annuities have more options than fixed annuities.
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Answered by Anonymous | 2025-07-03

At annuitization, variable annuities offer various pay-out options including life annuity, joint and survivor annuity, and period certain. These options provide flexibility based on the individual's financial needs. Unlike fixed annuities, variable annuities can offer a wider range of choices for income payouts. ;

Answered by GinnyAnswer | 2025-07-03

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