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Assume George is a poor performer. You have already provided the necessary resources and training he needs to do the job, yet his performance continues to decline. What is the next step?
Annuity Payments
Periodic payments made to an individual, typically during retirement, derived from an annuity investment.
Annuity Contract
A contract between an individual and an insurance company agreeing on future payments to the individual in exchange for an initial investment.
Retirement
The period in a person's life when they choose to leave the workforce permanently, often marked by reaching a certain age or financial status.
Simplified Method
A streamlined procedure for calculating certain financial figures, such as pension or annuity taxation, to ease the calculation process.
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