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17. Joe, aged 65, recently lost his wife and has received proceeds from her ufe insurance policy, Now that he is wiane soe us tonceetied

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17. Joe, aged 65, recently lost his wife and has received proceeds from her ufe insurance policy, Now that he is wiane soe us tonceetied tbouks etify ta meet ongoing expennes solely with his income. His sources of income include a small wotkploce penslan, minimal personal sarings, snd ineomie benefits from the government. He wants to use the life insurance proceeds to help increase his manthly income What fype of annuity would best meet soe's needs? A variable income annulty. An indexed annuity. A deferred annuify. An accurnulation annuity

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