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10. Ozzie owns a deferred fixed annuity. Under what circumstance would he be restricted as to the amount of premium he could contribute to his
10. Ozzie owns a deferred fixed annuity. Under what circumstance would he be restricted as to the amount of premium he could contribute to his contract? (Search Chapter 2)
- a. if any portion of the premiums is invested in the insurer's general account
- b. if the contract is the funding vehicle for his IRA
- c. if Ozzie is also the contract annuitant
- d. Deferred fixed annuities never impose limits on contributions.
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
