3-16 The rate of growth in the annuities market is increasing primarily because of the recent changes in the capital gains tax rates.

Question

Quizplus · Accepted Answer

The statement is not true. The rate of growth in the annuities market is influenced by various factors such as demographic shifts, increased awareness of retirement income planning, market volatility, and interest rates, among others. While changes in tax rates may have some impact on the annuities market, it is not the primary driver of growth.

3-16 the Rate of Growth in the Annuities Market Is