Question
Select the correct answers from the lists.(1 point)
One of the benefits of an annuity is that it provides (funding for medical care, a steady income in retirement, long-term financial security, an immediate transfer of wealth), but it (may not meet all of the retiree's needs, is paid only for a few years of one's retirement, is available to only low-income individuals, may have high fees and tax implications).
One of the benefits of an annuity is that it provides (funding for medical care, a steady income in retirement, long-term financial security, an immediate transfer of wealth), but it (may not meet all of the retiree's needs, is paid only for a few years of one's retirement, is available to only low-income individuals, may have high fees and tax implications).
Answers
GPT-5 mini
Answer: a steady income in retirement — but it may have high fees and tax implications.