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What Is the ERA, and Why Has It Not Passed

question 53

Essay

What is the ERA, and why has it not passed? What arguments have been made for and against it?


Definitions:

Retirement Plan

A financial strategy that intends to provide individuals with income or resources during their retirement years.

Deposited

The action of placing money into a financial account or institution for safekeeping or to earn interest.

Compounded Annually

Interest calculation on the principal and the accumulated interest once a year.

Annual Payments

Payments made once every year towards a debt or investment.

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