Bảo hiểm nhân thọ nhóm & Niên kimCâu 694 / 716
The exclusion ratio for an annuity payout is calculated as the:
a.Investment in the contract (cost basis) divided by the expected total return
b.The annuity's surrender charge divided by its remaining accumulated cash value at the time of payout
c.Death benefit divided by the annuitant's age
d.Total premiums divided by the current interest rate
Giải thích
The exclusion ratio is the cost basis divided by the expected return; it determines the tax-free portion of each annuity payment. The rest of each payment is taxable earnings.
Luyện miễn phí toàn bộ 716 câu hỏi — không cần đăng ký.
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Câu hỏi liên quan cùng chủ đề
- A Flexible Spending Account (FSA) under a cafeteria plan traditionally follows a rule that:
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Người kiểm duyệt John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — kiểm tra)