Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Concept explainers

Employee Benefits
In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization shou…
Question

What are the basic factors that should be considered when establishing an
individual retirement plan?

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Step 1

A plan according to which an employer contributes some amount in the pool of funds that is kept aside for future benefits of an individual is referred as a retirement plan.

 

Step 2

Individual prepares a retirement plan so that it may secure its future. There are various types of retirement plans which are offered by various financial institutions. Pension plan is one of them.

 

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