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26 January, 09:25

Malia has decided to set aside money. she prefers to pay the least amount in taxes. according to the chart, which option best suits her needs?

a. deferred annuities

b. term life insurance

c. immediate annuities

d. whole life insurance

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Answers (1)
  1. 26 January, 10:03
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    Malia should choose whole life insurance if she wants to set aside money and pay the least amount of taxes. Although several choices will accumulate money that is tax deferred, whole life insurance is the only option that does not require taxes to pay out therefore making it the best out of all the options.
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