Which One of the Following Qualifies as an Annuity Payment
Contributions to a pension plan can only be made by the beneficiary. The future value of Annuity A is greater than the future value of Annuity B. Pin By Cindi On Documents Annuity Retirement Annuity Understanding Benefit payments are subject to taxes only prior to age 70 12 c. . If unspecified you should assume an annuity is an annuity due. Annuity B pays 100 at the beginning of each month for 10 years. A payment to a beneficiary from a pension plan is called a distribution. Travis is buying a car and will finance it with a loan which requires monthly payments of 265 for the next 4 years. An annuity is an unending stream of equal payments occurring at equal intervals of time. Benefit payments must begin at age 59 12 to avoid a penalty d. Annuity B has both a higher present value and a higher future value than Annuity A. Annuity A pays 100 at the end of each month for 10 years. An ordinary annuity is one th...
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