1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arlecino [84]
3 years ago
10

"Which statements are TRUE about variable annuities? I Contributions to the separate account are tax deductible II Contributions

to the separate account are not tax deductible III Earnings in the separate account build tax-deferred IV Earnings in the separate account are taxable each year"
Business
1 answer:
Nutka1998 [239]3 years ago
6 0

Answer:  II Contributions to the separate account are not tax deductible

III Earnings in the separate account build tax-deferred

Explanation:

Variable Annuities represent an investment vehicle where one puts money in a certain type of investment with the goal being that they will earn an income in retirement which is dependent on how their chosen investment performed therefore making the payout variable.

Contributions to the separate account are not tax deductible. The tax advantage of Variable annuity contracts instead is that the income earned from the annuity gets to build tax-deferred with taxes only applying to them when a withdrawal is made.

You might be interested in
When putting together your personal budget, you find that your budget has a deficit. Which is the BEST way to balance your budge
ki77a [65]

Answer:

The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.

Explanation:

In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.

3 0
3 years ago
The financial institution that generally charged the lowest rates on loans is
astra-53 [7]

Banks and Credit Unions usually charge the lowest rates on loans.

8 0
3 years ago
The Jameson Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% p
jok3333 [9.3K]

Answer:

Current price of the stock of Jameson company is $18.62. Therefore, the correct option is A

Explanation:

The formula of required rate of return is:

Required rate of return = Risk free rate + Beta × Market risk premium

= 4% + 1.15 × 5%

= 4%  5.75%

= 9.75%

Computation of current stock price is:

Current stock price = Expected dividend per share / (Required rate of return - Growth in dividend)

= (0.75 + [5.50% × 0.75] ) / (0.0975 - 0.055)

= 0.79125 / 0.0425

= $18.62

5 0
3 years ago
In witch part of a professional email should you try to be brief, but highly descriptive?
oksian1 [2.3K]
I would think the subject/header line of a professional email needs to be very brief and highly descriptive.

Hope this helps!  :)
8 0
3 years ago
A strong belief that economic progress leads to adoption of a totalitarian regime underlies the fairly permissive attitude that
GREYUIT [131]

Answer: FALSE

Explanation: The Western nations like the United States of America and other developed countries of the world has constantly criticize Human rights violations in China and other countries of the world.

Economic progress does not lead to totalitarian Government or regimes, many counties in Europe and the United States of America have made economic progress and are economic powers of the world but they have not adopted the totalitarian System.

7 0
3 years ago
Other questions:
  • If a concession stand received $5,550 in gameday sales, and its profit for the event was $3,330, what were the expenses?
    7·1 answer
  • Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that
    5·1 answer
  • Which is the most likely scenario in which someone would take out a short-term loan with a bank?
    6·1 answer
  • All of the following statements accurately characterize the management of American corporations in the 1920s except: men with en
    12·1 answer
  • Bird Brain Co. reported net income of $45,000 for the year ended December 31, 2016. January 1 balances in accounts receivable an
    7·1 answer
  • Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti
    8·1 answer
  • The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers
    6·1 answer
  • As a rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of the marg
    5·1 answer
  • What is meant by price discrimination and why is it important to monopolies?
    13·1 answer
  • Production possibilities curves are useful to businesses because they
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!