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Options
-
The income is guaranteed and is higher as compared to similar schemes
Correct answer
- B
The income is higher as well as its completely tax free
- C
The income is guaranteed as long as the retiree lives
- D
The income from the scheme is known at the time of investing
Why this is the answer
The SCSS offers a fixed, guaranteed interest rate, providing a predictable income stream, making it suitable for retirement planning.
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