Recommendations & StrategiesCâu 59 / 100
A client in the accumulation phase of a variable annuity is concerned about outliving assets in retirement. Annuitization with a life payout option primarily addresses:
a.Interest-rate risk
b.Longevity risk
c.Currency risk
d.Reinvestment risk
Giải thích
A life-contingent annuity payout provides income for as long as the annuitant lives, directly addressing longevity risk, the danger of outliving one's assets. It transfers that risk to the insurer. It does not specifically hedge interest-rate or currency risk.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- When determining suitability, the FIRST and most fundamental step is to:
- The present value of a future sum will be lower when:
- An investor wants exposure to a broad market index at low cost with high tax efficiency and intraday liquidity. Which vehicle is MOST appropriate?
- An adviser notices a client has an unusually large, concentrated position in the client's employer stock. The primary concern the adviser should raise is:
- The alpha of a portfolio measures:
- A client withdraws funds from a traditional IRA before age 59.5 without qualifying for an exception. The tax consequence is generally:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 66 Uniform Combined State Law Exam · Quy trình kiểm tra