Explain relevant saving-investment and insurance plans

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Reference no: EM133091263

Discussion

Explain relevant saving, investment and insurance plans discussed in class. What are factors affecting individual saving and investment plans? What are determinants that are to be considered before investing into any individual saving plan. Use the real case references* to support your content.

Following plans are discussed in class

• Registered retirement saving plan

• Tax -free saving plan

• Registered education saving plan

• Registered Retirement Income Fund (RRIF)

• Permanent life insurance

• Term life insurance

Reference no: EM133091263

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