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What is one of the significant benefits of having a pension or retirement savings plan?
  • a)
    It guarantees high returns on investment.
  • b)
    It eliminates the need to work after retirement.
  • c)
    It allows you to depend on your children for financial support.
  • d)
    It ensures financial security during retirement.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is one of the significant benefits of having a pension or retirem...
One of the significant benefits of having a pension or retirement savings plan is that it ensures financial security during retirement. It allows individuals to maintain their financial independence and not depend on their children for support.
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What is one of the significant benefits of having a pension or retirement savings plan?a)It guarantees high returns on investment.b)It eliminates the need to work after retirement.c)It allows you to depend on your children for financial support.d)It ensures financial security during retirement.Correct answer is option 'D'. Can you explain this answer?
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What is one of the significant benefits of having a pension or retirement savings plan?a)It guarantees high returns on investment.b)It eliminates the need to work after retirement.c)It allows you to depend on your children for financial support.d)It ensures financial security during retirement.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is one of the significant benefits of having a pension or retirement savings plan?a)It guarantees high returns on investment.b)It eliminates the need to work after retirement.c)It allows you to depend on your children for financial support.d)It ensures financial security during retirement.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is one of the significant benefits of having a pension or retirement savings plan?a)It guarantees high returns on investment.b)It eliminates the need to work after retirement.c)It allows you to depend on your children for financial support.d)It ensures financial security during retirement.Correct answer is option 'D'. Can you explain this answer?.
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