Answered

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Which payout option will provide multiple annuitants income only while they are all alive?

A. Joint Life annuity
B. A 403b tax sheltered annuity
C. Individual Retirement Accounts (IRAs)
D. Joint and Survivor annuity

Sagot :

GinnyAnsweridn

Final answer:

Joint and Survivor annuity is the payout option that provides income to multiple annuitants while they are alive.


Explanation:

Joint and Survivor annuity is the payout option that will provide multiple annuitants income only while they are all alive. This type of annuity ensures that payments continue to a surviving annuitant after the other annuitant passes away.

An annuity is a contract that provides regular payments for a specified period or until death. It offers a way to secure income in retirement. The Joint and Survivor annuity is a common choice for couples to ensure ongoing financial support.


Learn more about Annuities here:

https://brainly.com/question/39419397


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