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A single client with no dependents is about to retire and needs to make a choice about the distribution option from his qualified retirement plan.
A single client with no dependents is about to retire and needs to make a choice about the distribution option from his qualified retirement plan. He needs as much income from his retirement plan as possible on a regular basis.
Which one of the following distribution options will meet his needs?
A)
pension maximization
B)
life annuity
C)
joint and survivor annuity
D)
annuity with period certain
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