Why is statement 1 incorrect?
§4.7.2: “In some cases, the original investment may retain some liquidity prior to initiation of annuity payments if the purchaser retains the right to sell the deferred annuity.”
Why is statement 1 incorrect?
§4.7.2: “In some cases, the original investment may retain some liquidity prior to initiation of annuity payments if the purchaser retains the right to sell the deferred annuity.”