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Explanation of Distribution Options Annuities Single Life Annuity A Single Life Annuity is the automatic form of payment for the Plan, unless (a) you are married; or (b) your account balance does
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What is single life annuity?
Single life annuity is a financial product that provides a series of payments to an individual for the rest of their life.
Who is required to file single life annuity?
Individuals who have purchased a single life annuity are required to file for it.
How to fill out single life annuity?
Filling out a single life annuity requires providing personal information, payment information, and beneficiary details.
What is the purpose of single life annuity?
The purpose of a single life annuity is to provide a guaranteed income stream for the recipient for their lifetime.
What information must be reported on single life annuity?
Information such as personal details, payment amount, beneficiary information, and payout options must be reported on a single life annuity.
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