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The World Bank funds infrastructure projects in developed countries.
Annuity Contract
A financial product sold by financial institutions that offers fixed or variable payments to an individual over time, often used for retirement savings.
Deductible IRA Contribution
A contribution to an Individual Retirement Account that can be subtracted from gross income for tax purposes.
Pension Plan
Pension Plan is a type of retirement plan where an employer contributes to a pool of funds set aside for employees' future benefit, distributed upon retirement.
Single Life Annuity Contract
An insurance policy that provides a fixed or variable payment to an annuitant at regular intervals for their lifetime.
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