Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate...
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Accounting
- Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate life annuity with the following two features:
- 10-year period certain
- Variable life/inflation guard
- 10-year period certain
- Variable life/inflation guard
You're the couples financial/insurance advisor, explain feature (a) (10-year period certain) and feature (b) (variable life/inflation guard) to the couple so they can understand these features they're getting
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