TOOLS & TECHNIQUES OF LIFE INSURANCE PLANNING
a. level premium annuities. b. a growth mutual fund. c. variable annuities . d. a bond mutual fund. e. shares of stock. Answer: E [p. 212] Application. 25.7 Bill Brown, age 51, is planning to retire in five years and withdraw funds from his Tax Deferred Annuity. Bill can make this withdrawal, but must pay a 10% penalty for early withdrawal. a ... ................
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