Which of the following criteria is NOT required for annuity suitability regulations in Rhode Island?

Annuity suitability regulations are designed to ensure that financial products, like annuities, are appropriate for the individual investor's circumstances and financial situation. These regulations typically consider factors such as the income level, the age of the applicant, and the investment objectives to assess whether an annuity matches the client’s needs and goals.

Income level is essential as it helps determine the client's capacity to support premium payments or withdrawals. The age of the applicant is also significant since it influences the time horizon for investment returns and the financial products that may be more appropriate, such as whether a more conservative or aggressive strategy is warranted at that life stage.

Investment objectives are crucial for annuity sales as they guide the agent in recommending products that align with the client's overall financial goals, whether it be for retirement income, legacy planning, or capital preservation.

Sexual orientation, however, is not a relevant factor in determining suitability for annuities. Suitability assessments focus on financial and personal circumstances that impact investment decisions, and sexual orientation does not provide pertinent information related to financial needs or investment strategies. Therefore, it is unnecessary in the context of assessing the suitability of an annuity for an individual.