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T E R M S OF R E F E R E N C E
SALE THROUGH PUBLIC BIDDING
OF SSS ZAMBIAN PROPERTY
(Suez St, Barangay Oblation, Bay (Zone III), Zambian City)
This Terms of Reference (TOR) describes the procedures
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What is t e r m?
TERM stands for Tax Exempt Retirement Account. It is a retirement account that allows individuals to save for retirement on a tax-deferred basis.
Who is required to file t e r m?
Individuals who want to save for retirement in a tax-efficient manner are required to file TERM accounts.
How to fill out t e r m?
To fill out a TERM account, individuals need to open an account with a financial institution that offers TERM services and contribute funds to the account.
What is the purpose of t e r m?
The purpose of TERM is to help individuals save for retirement in a tax-efficient manner and provide financial security in their older years.
What information must be reported on t e r m?
Information such as contributions, withdrawals, and account balances must be reported on a TERM account.
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