SOFE Exam AFE Topic 2 Question 67 Discussion

Actual exam question for SOFE's AFE exam

Question #: 67
Topic #: 2

[All AFE Questions]

The magnitude of the variable annuity benefits provided by a deferred annuity depends on the size of the account value at the end of the accumulation phase.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: C

by Ma at Dec 27, 2023, 08:04 PM

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Tresa

19 hours ago

B) False. I think the benefits are predetermined regardless of the account value.

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Salome

3 days ago

Of course it's true! The whole point of a deferred annuity is to build up the account value during the accumulation phase.

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Chanel

3 days ago

A) True. The benefits are indeed based on the account value.

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