If i paid off my iphone 7 in full do i have to return it when i upgrade?

I have an iphone 7 that i just finished paying off in full for Verizon. I'm wondering if when i upgrade to a new phone i will have to return my iphone 7 even thought i already paid it off or will i be able to keep it? I'd suppose verizon lets you keep it since you already paid it off.

No you don't have to return it.

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