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Quotes of the day:
All that is gold does not glitter; not all those that wander are lost.
A qualified pre-retirement survivor annuity (QPSA) is a death benefit that is paid to the surviving spouse of a deceased employee. If the employee dies before retirement, the qualified pre-retirement survivor annuity is paid to offer compensation to the surviving spouse for the loss of retirement benefits that would have otherwise been paid to the employee. As the name implies, QPSAs are paid only in the case of qualified plans.
Different Type of Pension Election Options available for a US Defined Benefit Plan
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