Sentences with phrase «substantially equal monthly payments»
They are: 1) substantially equal monthly payments following the IRS life expectancy table; and 2) a life annuity with increasing payments.
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Using substantially equal monthly payments based on the IRS life expectancy table, the individual received $ 1,194.74 a month at age 57; $ 1,985.93 a month at age 69; $ 1,280.21 per month at age 70, when the payments shift to required minimum distributions; and ended up with $ 2,692.04 a month at age 90.
An individual could implement the 4 % rule within a TSP account by using the withdrawal choice called substantially equal monthly payments of a fixed dollar amount.
The most popular TSP withdrawal choice is called «substantially equal monthly payments» and there are two ways that an individual... More
Not exact matches
Standard Payment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interesPayment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interespayment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.
Standard Payment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interesPayment Calculation The method used to determine the monthly payment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interespayment required to repay the remaining balance of a mortgage in substantially equal installments over the remaining term of the mortgage at the current interest rate.