An individual, age 45, would like to help pay for his daughter’s college expenses in 10 years. Which annuity would be appropriate for this individual?

Insurance

Are you looking for the correct answer to the question “An individual, age 45, would like to help pay for his daughter’s college expenses in 10 years. Which annuity would be appropriate for this individual?”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.

An individual, age 45, would like to help pay for his daughter’s college expenses in 10 years. Which annuity would be appropriate for this individual?

Joint and survivor annuity

Deferred annuity

403(b) plan

Immediate annuity

Answer: Deferred annuity

The above question An individual, age 45, would like to help pay for his daughter’s college expenses in 10 years. Which annuity would be appropriate for this individual?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.