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4. Get Selling: Annuities

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Introduction To Annuities

1 Quiz
- Introduction To Annuities Quiz
Overview

1 Quiz
- Overview Quiz
Annuity Myths

1 Quiz
- Annuity Myths Quiz
Reasons to Buy an Annuity

1 Quiz
- Reasons to Buy an Annuity Quiz
Key Concepts

1 Quiz
- Key Concepts Quiz
Types of Annuities

1 Quiz
- Types of Annuities Quiz
Indexed Crediting Strategy

1 Quiz
- Indexed Crediting Strategy Quiz
Funding an Annuity

1 Quiz
- Funding an Annuity Quiz
Annuity Payouts

1 Quiz
- Annuity Payouts Quiz
Disbursement / Annuitization

1 Quiz
- Disbursement / Annuitization Quiz
Tax Considerations

1 Quiz
- Tax Considerations Quiz
What is Suitability?

1 Quiz
- What is Suitability? Quiz
Uses for Annuities

1 Quiz
- Uses for Annuities Quiz

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Quiz 9 of 13

Annuity Payouts Quiz

4. Get Selling: Annuities Annuity Payouts Annuity Payouts Quiz

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Question 1 of 4

1. Question
Amounts withdrawn from an annuity prior to the annuitization phase no longer earn interest income.
- True
- Fasle
Correct

Incorrect
Question 2 of 4

2. Question
Annuity payout options include which of the following?
- Immediate.
- Deferred.
- Temporary.
- A and B.
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Question 3 of 4

3. Question
Annuity payouts can only happen for a fixed number of years which is pre-determined by the annuity owner.
- True
- False
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Question 4 of 4

4. Question
When the contract owner begins the annuitization phase with the lifetime income option, the income amount is based on which of the following?
- The year the annuity contract was approved.
- The age of the annuitant when the contract was approved.
- The age of the annuitant at the time of lifetime income activation.
- The crediting strategy originally specified by the annuity owner.
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