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Term of the Day
redeposit
redenomination
rediscount
Definition
A requirement that
funds
borrowed from a
retirement
account
be
paid
back
in
order
to
ensure
that
borrowers
will receive the retirement
income
they were expecting. In some instances, a redeposit is required by law.
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Popular 'Retirement' Terms
annuity
OASDI
deferred compensation
Social Security
IRA
qualified retirement plan
annuitant
non-qualified retirement plan
liquid net worth
401(k) plan
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