When selecting "My Questions and Answers Profile" within the Password Manager User site the questions are seen as dots even if attempting to "unhide" the answers. If the "next" option is selected without making any modifications the answers to the questions become invalid and are not accepted by Password Manager when being used to authenicate in "Forgot My Password" or any workflow that uses the questions for authenication.
This is a product defect TF00463395.
The current workaround is to re-enter in the answers to the verification questions again. This issue is resolved in version 5.6 of Password Manager