a savings or investment vehicle that is intended to provide income during retirement. The plan may be employer-sponsored, meaning that it is organized and managed by the participant's employer, or it may be an individual plan that is managed by the participant. Even though securities are often bought and sold within a retirement plan account, a retirement plan is not considered a security.
Series 26: Retirement Plan
Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam
Definition of the term Retirement Plan...
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