Question: Ruby, 30, wants to purchase an annuity by making monthly premium payments until she retires at age 60. She wants to be able to vary

Ruby, 30, wants to purchase an annuity by making monthly premium payments until she retires at age 60. She wants to be able to vary the amount of the premium payments depending on her disposable income. She wants to attain a guaranteed minimum return on her investment, but also wants to be able to earn returns linked to the stock market. Which of the following annuities best meets her needs? A) Flexible premium deferred variable annuity B) Flexible premium deferred equity-indexed annuity C) Flexible premium deferred fixed annuity D) Single premium deferred equity-indexed annuity

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