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I applied via Company Website and was interviewed in Feb 2024. There were 2 interview rounds.
401k process involves setting up retirement savings plan where employees contribute a portion of their salary and employers may match a percentage.
Employees contribute a percentage of their salary to a 401k account
Employers may offer matching contributions up to a certain percentage
Contributions are typically invested in a variety of funds
Withdrawals before retirement age may incur penalties
Contribution refers to what an individual or entity brings to a situation, while benefits are the positive outcomes or rewards received as a result.
Contribution involves the input, effort, or resources provided by a person or organization.
Benefits are the advantages, rewards, or positive outcomes gained from the contribution.
In a business context, contribution can be in the form of skills, expertise, or financial resou...
Deferred annuity pays out at a later date, while immediate annuity starts paying out right away.
Deferred annuity allows for accumulation of funds before payouts begin
Immediate annuity provides regular income immediately after purchase
Deferred annuity is often used for retirement planning, while immediate annuity is for immediate income needs
US retirement process types include Social Security, 401(k), and pension plans.
Social Security: Government-funded retirement benefits based on work history.
401(k): Employer-sponsored retirement savings plan where employees contribute a portion of their salary.
Pension plans: Employer-funded retirement benefits based on years of service and salary.
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I applied via Naukri.com and was interviewed in Dec 2023. There were 2 interview rounds.
Basic aptitude and reasoning test .time given 15 mins
I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
I applied via Approached by Company and was interviewed in Jul 2022. There was 1 interview round.
Ascensus interview questions for popular designations
I applied via Naukri.com and was interviewed before Mar 2022. There were 2 interview rounds.
Top trending discussions
I applied via Naukri.com and was interviewed before Oct 2021. There was 1 interview round.
Yes, I can sell savings accounts. Our savings account offers competitive interest rates and no monthly fees.
I would start by asking the customer about their current savings account and if they are happy with it.
Then, I would highlight the benefits of our savings account such as the competitive interest rates and no monthly fees.
I would also mention any additional perks such as online banking and mobile app access.
Final...
I applied via Referral and was interviewed in Apr 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before Feb 2020. There were 6 interview rounds.
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Interview experience
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