Portability Makes It Easy for Employees Who Leave One Firm

question 3

True/False

Portability makes it easy for employees who leave one firm to work for another firm to take their accumulated pension funds with them.

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Definitions:

Customized

Refers to products, services, or solutions tailored to meet specific customer needs or preferences.

Repudiated

The act of rejecting or disavowing a claim, contract, or obligation, especially in a formal or official manner.

Enemy Alien

A non-citizen living in a country who is considered an enemy due to their nationality or citizenship during a time of war.

Citizenship

The status of being recognized as a legal member of a specific country, with associated rights and responsibilities.