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alexira [117]
3 years ago
15

If Robert wishes to cash out his annuity at age 70 after having it for over 40 years, what should he know about prior to doing i

t?
Business
1 answer:
Harman [31]3 years ago
6 0

Answer:

Explanation:

An annuity is equal streams of cashflows that can compliment payments from social security and pension plans for retirees. Robert should know that taking out all the annuity savings as a lump-sum will make the  deferred earnings  taxable. A deferred annuity gives an investor options of to either take out all the long term savings  in one lump-sum, make withdrawals whenever they need or transfer the amount to a different account.

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4 0
1 year ago
Tuscany Company estimated the following costs at the beginning of a particular year: Overhead $5,340,000 Direct labor cost $890,
solmaris [256]

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7 0
3 years ago
Suppose that Jack and Hal and Sophia enter into an agreement to sell the restaurant. The contract includes the non-competition a
ycow [4]

Answer: D Your welcome.

5 0
3 years ago
Why is 10 cents earned far more valuable than a dollar found. Critical thinking.
mixer [17]
10 cents is more valuable than finding a dollar i think because of the connection with hardworking , rather earn something than find because are luck isn’t always trusted
4 0
2 years ago
What are examples of financial goals? Check all that apply.
goldfiish [28.3K]

Answer:

Skylar wants to pay off her college student loans within five years and Lukas wants to earn at least $40,000 per year.

3 0
3 years ago
Read 2 more answers
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