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Annuities Quiz
What is the nonforfeiture value of an annuity before annuitization?All premiums paidAll premiums paid plus interestAll premiums paid minus any withdrawals and surrender chargesAll premiums paid, plus interest, minus any withdrawals and surrender charges
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All premiums paid, plus interest, minus any withdrawals and surrender charges
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During periods of inflation, annuitants will experience a decrease in purchasing power of their payments
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Flexible premium deferred annuity
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the premiums paid plus interest earned will be given to the beneficiary
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