Exam DISC-IA Practice Question 205
Study guide: Exam DISC-IA
A 58-year-old has $150,000 to set aside for retirement in ten years. She will not accept any loss of principal from a market decline, but she wants her money to earn more than a fixed rate when the stock market rises, and she accepts that her share of a rise may be capped. Which annuity best fits her?
- A) A fixed indexed deferred annuity
- B) A variable deferred annuity invested in stock subaccounts
- C) A single premium immediate annuity, life only
- D) A fixed deferred annuity with a three-year initial rate
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