Question

This is an investment option that guarantees payments at regular intervals after retirement.

A. stock
B. bond
C. annuity

Answer 1

Correct answer: C). Annuity

An annuity is a long term investment option that is issued by the insurance company. It can be used as a part of a retirement strategy. Through the annuitization, the amount that one contributes is converted into a periodic payment after retirement that can last for life.

The main purpose of the annuity is to provide income support to an individual during the retirement year.

Hence, the correct answer would be option C.

Answer 2

An investment option that guarantees payments at regular intervals after retirement is annuity. The answer to your question is C. I hope this is the answer that you are looking for and it comes to your help.