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QUESTION IMAGE

which factor is an advantage of investing in an annuity for retirement?…

Question

which factor is an advantage of investing in an annuity for retirement? complete tax exemption on withdrawals limited contributions leading up to retirement no penalties for early withdrawal guaranteed regular income during retirement

Explanation:

Brief Explanations

Annuities provide a guaranteed regular income stream during retirement, which is a key advantage. Withdrawals are not completely tax - exempt, contributions are not necessarily limited in all cases, and there are usually penalties for early withdrawal.

Answer:

guaranteed regular income during retirement