Which of the following is NOT true about a joint and survivor annuity benefit option

Which of the following is NOT true about a joint and survivor annuity benefit option


A) Payments stop after the first death among the annuitants.

B) A period certain option may be included.

C) This option guarantees income for two or more recipients.

D) The surviving annuitant may receive reduced payments



Answer: Payments stop after the first death among the annuitants

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