avicksanchez33 avicksanchez33

10-05-2022
Law

contestada

Which of the following is NOT true about a joint and survivor annuity benefit option?

A. This option guarantees income for two or more recipients.
B. The surviving annuitant may receive reduced payments.
C. Payments stop after the first death among the annuitants.
D. A period certain option may be included.

Respuesta :

gerrardtrev06142005 gerrardtrev06142005

10-05-2022

Answer:

The CORRECT answer is C. Payments stop after the first death among the annuitants.

Explanation:

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