or risk to retirement income do annuities mitigate? That major riske the impact of Social Security retirement benefits on superannuation Discuss the impact of Soci That is the impact of inflation on retirement income? the role did defined benefit plans play in retirement income when they were prevalent? Dow the impact of the shift from defined benefit plans to defined contribution plans for & Define an annuity. 7. Lin the parties to an annuity. What is the annuity payout period? 9. What is the difference between an immediate annuity and a deferred annuity? 10. What is the difference between a flexible premium annuity and a single premium annuity! 11. Identify the different types of annuity benefit options. 12. Define the types of single-life annuity options. 13. What is a benefit of a term certain (or period certain) annuity! 14. Define joint and survivor life annuities. in the difference between a fixed annuity, a variable annuity, and an equity indexed annuity. 15. Explain the difference are the common fees and charges associated with variable annuities! 17. List the advantages of an annuity contract 1. Lichree disadvantages of annuities. 19. How are annuities subject to income tax? 20. Define longevity insurance. 21. What are the estate planning issues regarding holding a single-life annuity versus a bis survivor annuiry! 22. What are the risk factors to consider when selling an annuity in the secondary market