SOFE
AFE · Question #26
With fixed deferred annuities;
The correct answer is C. the credited rate is periodically re-determined and declared by the insurance company. See the full explanation below for the reasoning.
Question
With fixed deferred annuities;
Options
- Athe credited rate is determined fiscally and declared by the insurance company
- Bthe debited rate is periodically re-determined and declared by the organization
- Cthe credited rate is periodically re-determined and declared by the insurance company
- Dthe debited rate is determined fiscally and declared by the organization
How the community answered
(52 responses)- A4% (2)
- B12% (6)
- C79% (41)
- D6% (3)
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