Which of the following statements is (are) true concerning the joint a
Which of the following statements is (are) true concerning the joint and survivor annuity settlement option?
I. Under this option, payments begin after the first annuitant dies.
II. This settlement option is often selected by married couples.
A) I only
B) II only
C) both I and II
D) neither I nor II
ANSWER
Answer: B
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