Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Exclusion ratio |
Investment divided by expected payments Exclusion ratio |
|
|
Inclusion ratio |
1- exclusion ratio |
|
|
How much of premium subject to tax? |
Back (Definition) |
|
|
QLACs ( qualified longevity annuity contract) |
A maximum of $145,000 Purchase in an IRA or defined contribution retirement plan Must be annuitize no later than age 85 Variable and indexed annuities are not permitted |
|
|
Indexing methods for equity indexed annuity |
Annual reset (ratcheting) High watermark method Point to Point method |
