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Retirement Saving Plan
A financial arrangement designed to save money for retirement, often with tax advantages.
Income
Money received, especially on a regular basis, for work or through investments.
Deferred Annuity
An insurance contract that delays payments of income, installments or a lump sum until the investor elects to receive them.
Permanent Pension
A pension that is paid throughout the lifetime of the beneficiary, often until death.
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