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9 June, 19:56

Which of the following is not a major source of retirement income? Multiple Choice

A. Personal retirement plan.

B. Public pension plan.

C. All of these are major sources of retirement income.

D. Annuity.

E. Employer pension plan.

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Answers (2)
  1. 9 June, 20:15
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    Answer: C. All of these are major sources of retirement income.
  2. 9 June, 20:33
    0
    Answer: All of these are major sources of retirement income.

    Explanation: A retirement income is a source earnings an individual gets even after they have retired from working. Retirement income can be of various formats. It can be a:

    -Pension: A regular amount paid by a person's previous employer after they have retired from work.

    - Annuity: These are payments made at regular intervals. It can either be paid to an individual or paid by an individual.

    -Personal retirement plan: a worker can save up part of his income, to be released to him after he has stopped working at an advanced age.
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Home » Business » Which of the following is not a major source of retirement income? Multiple Choice A. Personal retirement plan. B. Public pension plan. C. All of these are major sources of retirement income. D. Annuity. E. Employer pension plan.
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