You and your spouse both have good retirement plans through work, and both receive social security checks based on your own incomes. If your goal is to maximize the size of your annuity check everymonth which option should you choose?
A. Single Life Annuity
B. Annuity for Life or Certain Period
C. All annuities have equal payment amounts, so it doesnt matter which you choose.
Is the answer A ?
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I would also say A. A single life annuity usually pays the maximum amount while an individual is alive.
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