B.COM D33 antony (1) Exam Latest 2023 – 2024 Verified Answers

Question 1: A Tax­Sheltered Annuity (TSA) is available to a(n): Question Value: 1 Its only available to employees in non­profit organization and those in public education system. Teacher Attorney Question 2: Of the following choices, which annuity guarantees a given number of income payments whether or not the annuitant is alive to receive them? Question Value: 1 Life Annuity with Period Certain Variable Annuity Question 3: Premiums deposited into a Variable Annuity go into: Question Value: 1 A separate account where they are invested in a variety of securities A mutual fund Question 4: An individual has purchased a lump­sum annuity that immediately begins monthly payments. These payments fluctuate depending upon the performance of the stock market. This individual has purchased a(n): Question Value: 1 Immediate Variable Annuity Question 5: An annuity that can simultaneously provide immediate income and guarantee that the principal is complete restored after a certain period of time is: Question Value: 1 A Split Annuity Question 6: The Exclusion Ratio is the proportion of an annuitized payment that is: Question Value: 1 Considered