Author Question: Carl is concerned that if he purchases an equity indexed annuity, he will lose money long-term if ... (Read 89 times)

jace

  • Hero Member
  • *****
  • Posts: 541
Carl is concerned that if he purchases an equity indexed annuity, he will lose money long-term if the stock index declines.
 
  Which equity indexed annuity provision assures Carl that he will not lose money if he holds the equity indexed annuity to term?
  A) the indexing method
  B) the participation rate
  C) the guaranteed minimum value
  D) the maximum rate cap

Question 2

Which statement is true regarding IRA distributions?
 
  A) The minimum distribution rules apply to Roth IRAs, but not to traditional IRAs.
  B) Distributions from a Roth IRA are taxed at the individual's marginal tax rate.
  C) The IRA penalty tax applies to all traditional IRA distributions before age 59.5 with no exceptions.
  D) Unless a life annuity is issued, a retiree may still be alive when the IRA account is exhausted.



asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library