Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

the annuity benefit or payment option requiring the greatest amount of capital per $1,000 of benefit is:

Sagot :

Answer:

"The income benefit requiring the gratest amount of capital per $1,000 of benefit is Life Income Joint and Survivor 100%. The higher the percentage of payment for the survivor (1/2, 2/3), the greater amount of capital that is needed."