L&H: Annuities: Interest Rate

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Guaranteed

Company must pay min % (3%)

Current

Exceeds guaranteed rate

Current

On equity indexed annuity, this is often based on Standard & Poor's 500

Current

Paid to annuitant when the company's own investment is better than expected


संबंधित स्टडी सेट्स

Mergers True and False Ch 17, 18, 19, 20, 21

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