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Description
This course was developed to satisfy the
NAIC annuity training course requirement. Learn the
fundamentals of the annuity contract, suitability, and sales
practices. Learn about variable and fixed annuities, single and
periodic premiums, and immediate and deferred annuities.
Appropriate uses for different annuities and tax rules are also
discussed.
Learning Objectives
Learning Objectives: 1: Explain the characteristics of an
annuity, including contribution and distribution options and
differentiating between immediate and deferred annuities.
Learning objective 2: Compare and contrast annuities (fixed and
variable) with other investment alternatives, including an
analysis of costs, contract terms, and taxation.
Learning objective 3: Recommend an annuity that is suitable for
a client's needs.