When non-registered funds are used to purchase an annuity, which of the following statements are true? 1. The annuity payment is not a taxable event 2. The annuity payment will fluctuate from year to year 3. Payments incorporate both an interest component and a capital component. 4. Provided the plan meets prescribed requirements, the annuitant can elect special tax treatment that shifts the tax burden to a level amount.

Question 14 options:

	1 and 2
	1 and 4
	2 and 3
	3 and 4