question 55 of 60\nboth equity indexed annuities and fixed annuities\na. are tied to an equity index.\nb…

question 55 of 60\nboth equity indexed annuities and fixed annuities\na. are tied to an equity index.\nb. are considered more risky than variable annuities.\nc. have a guaranteed minimum interest rate.\nd. invest on a conservative basis.

question 55 of 60\nboth equity indexed annuities and fixed annuities\na. are tied to an equity index.\nb. are considered more risky than variable annuities.\nc. have a guaranteed minimum interest rate.\nd. invest on a conservative basis.

Answer

Brief Explanations:

Equity - indexed annuities are tied to an equity index, while fixed annuities are not. Variable annuities are generally more risky than both equity - indexed and fixed annuities. Both equity - indexed annuities and fixed annuities have a guaranteed minimum interest rate. Fixed annuities are conservative investments, but equity - indexed annuities have more market - linked potential.

Answer:

C. Have a guaranteed minimum interest rate.