Question: Which statement is TRUE when describing the build - up in a variable annuity separate account during the accumulation phase? A All interest, dividends,

Which statement is TRUE when describing the "build

-

"

in a variable annuity separate account during the accumulation phase?

A All interest, dividends, and capital gains from the securities in the account are automatically reinvested to buy more annuity units

All interest, dividends, and capital gains from the securities in the account are automatically reinvested and build tax deferred

All interest, dividends, and capital gains from the securities in the account are taxable

All interest, dividends, and capital gains from the securities in the account can either be paid to the contract holder or can be automatically reinvested to buy more accumulation units

Which statement is TRUE when describing the

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