Q1. Relative to other more tax efficient account options, the primary advantage that a personal account provides is that it: A) affords greater control than the other account types. B) allows for unlimited access to funds. C) provides an exact time horizon match.
Q2. Deferred pension accounts are: A) tax efficient during the accumulation period, but are usually fully taxable when funds are removed to generate a retirement income. B) tax efficient during the accumulation period, and are usually tax exempt when funds are removed to generate a retirement income. C) tax inefficient during the accumulation period, and are usually fully taxable when funds are removed to generate a retirement income.
Q3. With respect to the effectiveness of variable life insurance for individual investors, it is: A) tax inefficient, and the degree of control over the management of the assets is limited. B) tax efficient, and accessibility of assets held inside the policy can be either good or poor, depending upon the terms of the policy. C) tax efficient, and the degree of control over the management of the assets is unlimited.
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发表于 2009-1-20 09:27
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