Business Studies, asked by sadaf180, 5 months ago

terms of inclusions in retirement plan policy​

Answers

Answered by princess447
2

Answer:

Pension plans or retirement plans are insurance + investment plans that help an individual create a corpus for their own future, over a period of time (policy term). On maturity (retirement), a third of the accumulated corpus can be withdrawn as a lump sum and the rest in parts in the form of a pension.

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