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Which of the following statements is true of dividends with a Portfolio Income Annuity (PIA)? 1. May be taken in cash, used to increase guaranteed

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Which of the following statements is true of dividends with a Portfolio Income Annuity (PIA)? 1. May be taken in cash, used to increase guaranteed income, or a combination of the two. II. Are never guaranteed. III. The dividend interest rate (DIR) is the same for the tax qualified and non-tax qualified markets. IV. If paid, dividends may be structured to provide a specific dollar amount paid in cash with the remaining used towards purchasing additional guaranteed income. I and III only I, III and IV onisim II, III and IV only I, II, III and IV Which of the following statements is true of dividends with a Portfolio Income Annuity (PIA)? 1. May be taken in cash, used to increase guaranteed income, or a combination of the two. II. Are never guaranteed. III. The dividend interest rate (DIR) is the same for the tax qualified and non-tax qualified markets. IV. If paid, dividends may be structured to provide a specific dollar amount paid in cash with the remaining used towards purchasing additional guaranteed income. I and III only I, III and IV onisim II, III and IV only I, II, III and IV

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