Contributions to a flexible premium deferred annuity can be made how?

Study for the AD Banker Life and Health Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare effectively for your test!

In a flexible premium deferred annuity, contributions can indeed be made at intervals and amounts chosen by the investor. This type of annuity is designed to provide greater flexibility compared to other annuity products that may require fixed contributions. Investors have the freedom to decide how much they want to contribute and when, allowing them to adjust their savings based on their financial situation and goals.

This flexibility is beneficial because it accommodates varying income levels and financial circumstances over time. Investors can choose to make larger contributions when they have additional funds available, or they can contribute smaller amounts during times of tighter budgets. This customizable approach helps in managing retirement savings more effectively, as it aligns with the investor's personal financial strategy.

Additionally, the ability to make contributions at different intervals means that investors can take advantage of market conditions or personal financial opportunities, unlike options that restrict contributions to fixed amounts or lump sums.

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