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In the Argereow v. Weisberg case, the employee-plaintiff accused her employer of:
Compounded quarterly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied every three months.
Quarterly withdrawals
The act of taking out money from a financial account or investment four times a year, often at the end of each fiscal quarter.
Registered Retirement Income Fund
A retirement savings plan that holds investment products and pays out retirement income.
Equal withdrawals
Regularly scheduled payments of the same amount taken from an investment or savings account.
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