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The Pension Saving market is a sector of the financial services industry that focuses on providing retirement savings products and services to individuals and businesses. Pension savings products are typically long-term investments, such as annuities, which provide a steady stream of income during retirement. Pension savings can also include investments in stocks, bonds, mutual funds, and other financial instruments. Pension savings plans are typically offered by employers, but individuals can also open their own pension savings accounts.
Pension savings plans are designed to help individuals save for retirement and provide a secure source of income during retirement. Pension savings plans are typically tax-advantaged, meaning that contributions are tax-deductible and earnings are tax-deferred until withdrawal. Pension savings plans also provide a variety of other benefits, such as death benefits, disability benefits, and survivor benefits.
Some of the companies in the Pension Saving market include Fidelity Investments, Vanguard, Charles Schwab, TIAA, and Prudential Financial. Show Less Read more