Question 15 Joe is meeting with a husband and wife whose financial goal is to bridge an income gap until their pensions begin in seven years. They want guaranteed income and would like it to remain constant over the seven years. Joe is preparing to recommend a SPIA to help them meet this goal. During his meeting to present the income plan options, Joe should suggest which of the following proposals: A. A joint-life income plan since this will pay as long as either of them is alive. B. A single-life income plan with a seven year period certain, since it will pay the most while one of them is alive. C. A joint-life income plan with a 5 year period certain, since there is a significant chance both of them will pass away in the next five years. D. A period certain income plan that would provide a fixed amount for the seven year period, with payments ending after the seventh year to coincide with the pension commencements