Question
The period during which the owner of a deferred annuity
makes payments to build up assets is called?Solution
Accumulation phase has two meanings for investors and those saving for retirement. It refers to the period when an individual is working and planning and ultimately building up the value of their investment through savings. The accumulation phase is then followed by the distribution phase, in which retirees begin accessing and using their funds.
Which state ranked first in UPI transaction intensity as per RBI’s September 2025 bulletin?
Where was the maiden flight-trial of the DRDO Stratospheric Airship Platform conducted?
Which organization signed an MoU with CIM&H, Chennai to advance Indian Medicine and Homoeopathy?
Which district in Odisha has been declared as the fourth Biodiversity Heritage Site?
Where was the foundation stone laid for India’s first integrated private satellite plant mentioned in the news?
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