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Suppose your manager asks you to discuss how the company's backbone network functions in just about four paragraphs to take to senior management.How would you answer the question? Discuss two or three major points.Your manager doesn't understand technical terms so be sure to explain any jargon you use.
Tax-deferred Retirement Plans
Savings plans that allow individuals to postpone paying taxes on income invested until it is withdrawn, typically during retirement.
Distributions
Payments made from a fund or account, usually referring to dividends, interest, or withdrawals.
Beneficiaries
Individuals or entities designated to receive assets from an estate, trust, account, or insurance policy upon the owner's death.
Annuity
An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
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