3 Evan invested $30,000 in a segregated fund contract a few years ago and has been making ann deposits to the account regularly. He is approaching retirement and wishes to receive regular annu payments after retirement for as long as he lives to manage his expenses instead of a lump-sum payment at contract maturity. Which of the following benefits can be added to Evan's existing cont to meet his needs? ZnFadkJEYm91SVgxL1h6YUR1CUU5Zz09 > a. Guaranteed Retirement Income Benefit b. O Guaranteed Income Supplement Benefit c. O Guaranteed Lifetime Withdrawal Benefit d. O Guaranteed Minimum Withdrawal Benefit

3 Evan invested $30,000 in a segregated fund contract a few years ago and has been making ann deposits to the account regularly. He is approaching retirement and wishes to receive regular annu payments after retirement for as long as he lives to manage his expenses instead of a lump-sum payment at contract maturity. Which of the following benefits can be added to Evan's existing cont to meet his needs? ZnFadkJEYm91SVgxL1h6YUR1CUU5Zz09 > a. Guaranteed Retirement Income Benefit b. O Guaranteed Income Supplement Benefit c. O Guaranteed Lifetime Withdrawal Benefit d. O Guaranteed Minimum Withdrawal Benefit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hope owns and operates a small business. Assuming she meets all the requirements, what is the maximum credit amount that she could qualify for under the Military Spouse Retirement Plan Eligibility Credit in 2023? $100 $200 $300 $500
2. Your dad applied for a term life insurance (provides the insured person with a coverage for a specified period of time of one, five or more years), He got a flexible policy (allows the insured person to change certain components of the insurance plan) because some payment options include a policy payout (insurance proceeds) as soon period achieved or upon contingency (death or accident). Some companies offer insurance products that can be availed only upon death. Because of this better option, your dad decided to avail of insurance A's flagship insurance product. Your dad's contribution per year is P20,000 that earns 6% compounded monthly for 20 years. How much will be paid out to your dad after 20 years by insurance A? as the target
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6. Jessa is 19 and is trying to determine the annual premium for her auto insurance. She finds that she will pay $223 for $50,000 in property damage coverage, $44 for uninsured motorist coverage, $68 for comprehensive coverage, and $98 for collision coverage. The youthful-operator factor is 2.35 because she has been through a driver training course. What is Jessa's annual premium? O $914.15 O $1,017.55 O$909.30 O$433.00
3. Johnathan was provided a private health care plan for his family. The employer paid $3000 of premiums for this plan. He also earned a cash bonus of $800 for being the hardest working employee during the year. Additionally, he received a large painting as a Christmas present from his employer, which has a value of $1250. Answer the question: Private health care plan is ??
PLEASE ANSWER. I WILL UPVOTE I PROMISE
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Subject - account Please help me. Thankyou .
Daryl is a single 25-year-old with no children. He has $75,000 in unpaid student loans, $10,000 in a savings account. His employer offers $50,000 of annually renewable term life insurance to him at no cost as an employee benefit. How much additional life insurance should he purchase? O $65.000. O $0. O $15.000. O $25,000.
"As of today, Americans live on average 20 more years after retiring, which calls for well-designed retirement plans. There are different ways to save for retirement, such as retirement plans offered by the employer, savings and investments, and Social Security among other. " (Norrestad, 2021) Lifetime Savings Accounts, known as LSAS, would allow people to invest after-tax money without being taxed on any gains. If an engineer invests $10,000 now and $10,000 each year for the next 15 years, how much will be in the account immediately after the last deposit if the account grows by 8% per year? All the alternatives resented below were calculated using compound interest factor tables including all decimal places. O $271,521 O $303,243 $427,533 $359,497
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