This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Under an equity-indexed annuity, what name is given to the percentage increase in the stock index ... (Read 220 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jul 11, 2018
Under an equity-indexed annuity, what name is given to the percentage increase in the stock index that is credited to the contract?
 
  A) the expense rate
  B) the exclusion ratio
  C) the indexing method
  D) the participation rate

Question 2

Which of the following statements regarding the taxation of individual annuities is (are) true?
 
  I. The exclusion ratio is the percentage of the annuity income that is taxable.
  II. After the net cost of the annuity has been paid to the annuitant, the total annuity payment is taxable.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B


kfurse

  • Member
  • Posts: 590
Reply 2 on: Jul 11, 2018
Gracias!

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
Interpret CPT Index Conventions Interpret CPT Index Conventions
Body mass index table. Body mass index table.
What Percentage of U.S. Married Women Ages 40-44 Have Never Given Birth? What Percentage of U.S. Married Women Ages 40-44 Have Never Given Birth?
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library