Please complete the following check for understanding. Good luck!
EFL-809
EFL-5003
EFL-7700
EFL-520
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True
False
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1099
EFL-927
EFL-520
EFL-809
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State Guaranty Fund
State Insurance Protection Fund
FDIC
Super Awesome State Fund
FICA
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True
False
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Life income benefits with _____________ years guaranteed.
Life Income Benefits only
Joint and Survivor life income benefits with _____% continuing to the survivor.
Guaranteed income beneftis for fixed period of ______________years.
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$25,000
$10,000
$50,000
$20,000
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IRA Reference chart
1099 and EFL-520
5498 and policy statement
EFL-809 and EFL-927
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$2,500
$35,000
$21,000
$25,000
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$5,500
None
$6,500
$25,000
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July, October, January, April
September, April, June, November
April, May, June
January, April, June, October
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True
False
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True
False
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You can change the owner of a non-qualified annuity.
If the owner dies, funds must be withdrawn within 12 months.
You can change the owner of an IRA.
If an annuitant or any natural owner hs died, an ownership change cannot be processed.
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