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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.

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Suggested Answer: C

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

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Katy
16 days ago
If the account value doesn't matter, maybe I should just throw all my money into a wood chipper. Same difference, right?
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Aleisha
1 days ago
A) True
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Teresita
22 days ago
Back in my day, we just stuffed cash under the mattress. None of this fancy 'annuity' nonsense.
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Adrianna
1 days ago
B) False
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Leah
7 days ago
A) True
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Bernardo
1 months ago
Well, if the account value doesn't matter, then what's the point of the whole 'accumulation phase' thing? A) True is the only logical answer.
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Benton
22 days ago
I agree, the account value at the end of the accumulation phase is crucial for determining the variable annuity benefits.
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King
24 days ago
True
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Rueben
2 months ago
Duh, it's A) True. The higher the account value, the bigger the annuity payouts. It's basic annuity 101.
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Haley
11 days ago
Nope, the statement is true. The account value is crucial for determining annuity payouts.
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Alexia
24 days ago
B) False
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Marguerita
26 days ago
Exactly, the account value directly impacts the annuity benefits.
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Odette
1 months ago
A) True
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Theodora
2 months ago
A) True. The larger the account value, the higher the benefits.
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Fannie
2 months ago
B) False. The benefits are not affected by the account value.
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Filiberto
2 months ago
A) True. The benefits are based on the account value.
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Chanel
2 months ago
I disagree with Tresa. The benefits are variable based on the account value, so I think the answer is A) True.
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Frederica
2 months ago
This is a no-brainer. The annuity benefits are directly tied to the account value, so B) False can't be correct.
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Junita
16 days ago
I agree, the benefits are indeed tied to the account value.
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Carisa
19 days ago
A) True
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Chaya
29 days ago
B) False
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Cherelle
1 months ago
I agree, the benefits are definitely tied to the account value.
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Nobuko
1 months ago
A) True
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Tresa
2 months ago
B) False. I think the benefits are predetermined regardless of the account value.
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Salome
2 months 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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Glenn
10 days ago
That's correct, the benefits are based on the account value at the end of the accumulation phase.
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Kimberely
12 days ago
A) True
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Mila
27 days ago
Exactly, the larger the account value, the higher the benefits.
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Lillian
1 months ago
A) True
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Chanel
2 months ago
A) True. The benefits are indeed based on the account value.
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