摘要: A Canadian retirement savings vehicle that is registered with the Canadian government and is being used to produce retirement income for the beneficiary.
Though a matured RRSP is similar[阅读全文:]
摘要: A joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify. Although largely funded b[阅读全文:]
摘要: The amount of income that determines how much of an individual's IRA contribution is deductible. The modified adjusted gross income is found by taking the individual's adjusted gross income and addi[阅读全文:]
摘要: A defined-contribution plan to which employer contributions are fixed.
Employers may contribute up to 25% of employees' compensation to a money-purchase pension plan.
摘要: The terms of a registered pension plan that detail the specific amounts that an employer and employee contribute to the plan. The amounts may be stated in dollars or percentages. The provisions of the[阅读全文:]
摘要: A type of investment vehicle that provides a specified monthly payment to the investor. This monthly payment is intended to be a stable form of income and is therefore typically suited for retired per[阅读全文:]
摘要: A type of registered retirement savings alternative that locks in the pension funds in investments. While the funds are locked in, they are unavailable for cash-out. Pension funds that are transferred[阅读全文:]
摘要: A one-time payment for the entire amount due, rather than breaking payments into smaller installments. Some lump-sum distributions receive special tax treatment.
A commission check or a [阅读全文:]
摘要: An increasingly popular investment strategy that attempts to time future assets sales and income streams to match against expected future expenses. The strategy has become widely embraced among pensio[阅读全文:]
摘要:
A method of calculating annuity payments, by dividing the balance or total value of a retirement account by the policy holder's anticipated length of life. This is the easiest method of early dist[阅读全文:]