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Mrac [35]
2 years ago
12

retirement plans play a key role in making a company competitive in the marketplace because they help the employer to attract an

d retain employees.
Business
1 answer:
Rama09 [41]2 years ago
7 0

What do you mean by Retirement planning?

It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.

As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.

Main Content

True

Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.

To learn more about Retirement planning

brainly.com/question/28128413

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