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cupoosta [38]
3 years ago
14

Which retirement plan is managed by an insurance company?

Mathematics
2 answers:
marin [14]3 years ago
5 0

Answer:

Fixed Annuity

Step-by-step explanation:

Fixed annuity is the most common annuity

During the accumulation phase, the individual makes a lump-sum payment or multiple payments over time to the insurance company

The insurance company invests the money as it sees fit, along with the money of other participants, forming a pool of invested funds

xxTIMURxx [149]3 years ago
5 0
Answer Is A Because A fixed annuity is a type of insurance contract that promises to pay the buyer a specific, guaranteed interest rate on their contributions to the account. By contrast, a variable annuity pays interest that can fluctuate based on the performance of an investment portfolio chosen by the account's owner.
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