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 221 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
:D TYSM

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Wind Chill Index Wind Chill Index
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Investment in Computers as a Percentage of GDP, 1982–2009 Investment in Computers as a Percentage of GDP, 1982–2009
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library