Question #36 of 50 Which of the following annuity owners will NOT pay a 10% penalty on the distribution of his annuity values? O A) Andy, who takes a lump-sum distribution at the age of 55 OB) Dan, who takes the full amount from his annuity in equal installments over 5 years, beginning at age 48 O C) Ben, who annuitizes his contract values over his life, starting at age 54 OD) Charlie, who takes a partial distribution at age 55 and takes the remaining amount from his annuity at age 58 R Question #37 of 50 In Jo pays $5,000 a year into an annuity contract for 25 years. Jo is paying te O A) a single annual premium OB) periodic level premiums OC) mandatory contributions D) periodic flexible premiums Previne Question #38 of 50 Question ID Which of the following was developed by a national organization to require insurers to establish standards and procedures for recommendations to consumers so the insurance needs and financial objectives of consumers are appropriately addressed? O A) HIA's Suitability Regulations for Financial Professionals OB) FINRA's Guidelines for Suitability for Financial Professionals OC) AARP's Suitability Guidelines for Financial Professionals Working with Seniors OD) NAIC's Model Regulation for Suitability in Annuity Transactions