Quiz Summary
0 of 5 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 5 Questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
-
A score of 70% or better is required to proceed.
-
Congratulations, you passed the quiz!
You may proceed to the next chapter.
- 1
- 2
- 3
- 4
- 5
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 5
1. Question
In connection with annuities, age and life expectancy are considerations _____.
-
Question 2 of 5
2. Question
The process of annuitization converts a lump sum of money into _____.
-
Question 3 of 5
3. Question
Annuity surrender charges/penalties were designed as a way to:
-
Question 4 of 5
4. Question
If an annuity provides death benefits, IRS requirements about payments and taxes apply. These requirements are based upon whether the contract owner died:
-
Question 5 of 5
5. Question
A special rule applies to a beneficiary who is ___. This special rule allows the beneficiary to become the new owner of the contract after the contract owner dies.
