Question

Which retirement plan is managed by an insurance company?

a Fixed Annuity
b Pension Plan
c Roth IRA
d Traditional IRA

Answer 1

Answer Is A Because A fixed annuity is a type of insurance contract that promises to pay the buyer a specific, guaranteed interest rate on their contributions to the account. By contrast, a variable annuity pays interest that can fluctuate based on the performance of an investment portfolio chosen by the account's owner.

Answer 2

Fixed Annuity

Explanation:

Fixed annuity is the most common annuity

During the accumulation phase, the individual makes a lump-sum payment or multiple payments over time to the insurance company

The insurance company invests the money as it sees fit, along with the money of other participants, forming a pool of invested funds