Charlotte is an insurance agent who recently sold a group pension plan to Eric, the plan sponsor.
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Question:
Charlotte is an insurance agent who recently sold a group pension plan to Eric, the plan sponsor. Charlotte recommends Eric to purchase annuities in a pension buy-in to manage the risk of funding the future pension obligations. Which of the following pension plans has Eric most likely purchased? a.
SIPP
b. PHSP
c. DBPP
d. GRRSP
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