Question: is a 5 5 - year - old widow with no source of income. Her husband just died and she has received insurance proceeds from
is a yearold widow with no source of income. Her husband just died and she has received insurance proceeds from a policy at will produce income starting today and continuing until she plans to collect Social Security, at age She wants to receive the e following is the most suitable annuity for Jill based on her objectives?
A longevity annuity.
An immediate, singlepremium life annuity.
A deferred, fised annuity.
A year term certain, fixed annuity.
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