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10 September, 04:29

A couple near retirement is planning for their golden years. They want to make sure that their retirement annuity provides monthly benefits for the rest of their lives. Should one of them die, the other would still like to continue receiving benefits. Which settlement option should they choose?

A) Joint and Survivor

B) Joint life

C) Life with period certain

D) Straight life

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  1. 10 September, 05:07
    0
    I believe the answer is A).
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