Question

question 37 of 60
monthly contributions to the annuity are made during which period?
a. annuity period
b. pay out period
c. distribution period
d. accumulation period

Explanation:

In annuity - related concepts, the accumulation period is when contributions are made to build up the annuity fund. The pay - out or distribution period is when payments are received from the annuity. The annuity period can refer to the time during which annuity payments are made or received. Monthly contributions are made during the accumulation period.

Answer:

D. Accumulation period