Which of the following do Fixed and Variable Annuities have in common?

Insurance

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Which of the following do Fixed and Variable Annuities have in common?

A

The types of settlement options available at annuitization

B

Who bears the investment risk of the annuity policy

C

A guarantee of a minimum rate of interest credited during the accumulation period

D

Vulnerability to loss of purchasing power over the long run

Answer: A

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