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You are approaching your retirement age and are worried about outliving your assets. You purchase a deferred annuity with a 10-year accumulation period. At the

  1. You are approaching your retirement age and are worried about outliving your assets. You purchase a deferred annuity with a 10-year accumulation period. At the end of the accumulation period, you change your mind and decide you would like to live it up while you still can: You dont want lifetime income, you want all of the cash now. Are you able to take the cash?

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