AAFM Exam GLO_CWM_LVL_1 Topic 9 Question 98 Discussion

Actual exam question for AAFM's GLO_CWM_LVL_1 exam

Question #: 98
Topic #: 9

[All GLO_CWM_LVL_1 Questions]

Which of the following is not a characteristic of defined benefit plan?

ABenefit levels are guaranteed

BThese plans are easy to design and explain to employees

Cactuarial assumptions are necessary to determine actual contribution amounts

DEmployer is subject to a recurring annual funding obligation

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Suggested Answer: B

by Kris at Jan 25, 2025, 03:26 PM

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1 days ago

I think the answer is B) These plans are easy to design and explain to employees.

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