Question 6019 of 303 · California Life-Only Agent Exam
Unpaid annuity benefits paid to the beneficiary after the annuitant dies are
Exactly one answer is correct.
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Correct answer to question 6019
- B: taxable to the extent of earnings
Explanation
The objectives state that unpaid annuity benefits paid to the beneficiary after the annuitant's death are taxable (the gain portion).
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