摘要: The person who receives the principal remaining in a trust account after all other required payments have been made, such as those to the beneficiary and expenses.
The remainder man may [阅读全文:]
摘要: The percentage of a worker's pre-retirement income that is paid out by a pension program upon retirement. In pension systems where workers get substantially different payouts due to their differing i[阅读全文:]
摘要: The date by which a qualified plan participant or IRA owner must begin receiving required minimum distributions from his or her retirement account.
This date occurs on April 1 following [阅读全文:]
摘要: The amount that Traditional, SEP and SIMPLE IRA owners and qualified plan participants must begin distributing from their retirement accounts by April 1 following the year they reach age 70.5. RMD amo[阅读全文:]
摘要:
One of three methods by which early retirees of any age can access their retirement funds without penalty before turning 59 ½. Normally, funds withdrawn before age 59 ½ are assessed a 10%[阅读全文:]
摘要: A monetary contribution to a retirement plan. Retirement contributions can be pretax or after tax, depending on whether the retirement plan is qualified, how much the contribution is in relation to th[阅读全文:]
摘要: A method used by individuals to minimize the tax burden of converting an IRA by recharacterizing Roth IRA-converted amounts back to a Traditional IRA and then converting these assets back to a Roth IR[阅读全文:]
摘要: 1. The requirement for a person to reinvest a certain amount of money into their retirement fund after he or she previously requested and obtained a return on the deposits made to the fund during a se[阅读全文:]
摘要: Assets invested in an RRSP. RRSP contributions can be made at any time and for any amount up to an individual’s contribution limit for the year. If a contributor does not make the maximum allowa[阅读全文:]
摘要: A late-in-life career change. Recareering is not just a job change, but a move to a completely different career path. Money, power and prestige are prime motivators for many people switching careers, [阅读全文:]