Which of the following is NOT needed to determine the suitability of an annuity recommendation?

To determine the suitability of an annuity recommendation, several factors must be considered to ensure that the product aligns with the client's financial goals and needs. Income level is crucial because it helps assess the client’s cash flow situation and whether they can afford the annuity. Investment objectives outline what the client hopes to achieve with their investment—such as income generation, growth potential, or wealth preservation—allowing the advisor to recommend an annuity that meets those goals. Risk tolerance is also essential because it indicates how much volatility and risk the client is willing to accept in their investment strategy.

In contrast, the level of education does not directly influence the suitability assessment of an annuity. While understanding financial products can play a role in the client's comprehension of the recommendations, it is not a determining factor in whether the annuity is appropriate for their financial situation. Therefore, while education can support a client's grasp of their options, it is not necessary for a proper suitability analysis.