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Which of the following is true about retirement plans as deferred annuities? . Retirement plans pay out benefits as soon as a person enrolls in

Which of the following is true about retirement plans as deferred annuities?
.
Retirement plans pay out benefits as soon as a person enrolls in the plans.
B.
Benefits are not paid out until some years later, usually when individuals reach retirement age.
C.
There is an accumulation period when people take out retirement benefits.
D. There is a liquidation period when people make tax-deductible contributions.

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