Ferred variable annuity except:

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 12QTD
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M6
all of the following needs cna be supported by a
deferred variable annuity except:
1. market based investment returns
2. tax deferral
3. liquidity
4. life-long income
Transcribed Image Text:all of the following needs cna be supported by a deferred variable annuity except: 1. market based investment returns 2. tax deferral 3. liquidity 4. life-long income
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