Sentences with phrase «at normal retirement age»

This is because 4 % is a commonly accepted «sustainable distribution rate» for those with a balanced portfolio retiring at a normal retirement age.

Your accrued benefit is a monthly benefit payable at your normal retirement age (usually 65).

The benefit amount for case B, assuming that benefits begin exactly at normal retirement age of 66 years, is not reduced except for rounding down to the next lower dollar.

Your total benefit, $ 1,500 per month, is larger than the $ 1,000 benefit you would have received if you had retired at your normal retirement age.

Accrued Monthly Benefit - The amount that a participant has earned under the terms of a pension plan, payable as a monthly benefit starting at normal retirement age.

Currently, maximum CPP benefits taken at the normal retirement age of 65 max out at $ 13,110 per person, but the enhanced CPP would eventually raise this to $ 20,000, which is above the GIS threshold.

Then, in 2013, the DOL expressed its intention to pass regulations that would require DC plans to describe participants» total benefits accrued, including a projected account balance at their normal retirement age and a lifetime income stream illustration.

Trustees of «critical» status plans have a limited ability to adjust some benefits, but can not reduce benefits below the accrued benefit payable at normal retirement age.

For example, a benefit is fully subsidized if a plan pays a participant the same amount per month starting at early retirement age (age 55, for example) that the plan would pay the participant starting at normal retirement age (age 65, for example).

If you were born between 1943 — 1954 then as a percentage, if you retired at your normal retirement age (NRA), you receive 100 % of your benefit which in $ terms the max is $ 2,639.

Also, the PIA calculation assumes benefits are taken at the normal retirement age.

At that point, you can switch to your own benefit, which will be worth 132 % of what it would have been at your normal retirement age.

Pushing workers out at the normal retirement age is a defining feature of all defined - benefit plans (including Social Security), and the ones states offer to teachers are no exception.

For example, some couples may decide to claim one spouse's Social Security benefits at normal retirement age, while delaying the other spouse's benefits until age 70 to allow the second monthly payment to grow.

According to the 2009 Social Security Board of Trustees Report, for a worker retiring in 2009 at normal retirement age, Social Security replaces 35.3 % of final pay to a worker at $ 67,267; 42.6 % at $ 42,042; and 57.4 % at $ 18,919.

At normal retirement age (66 years of age) they would find themselves roughly in IFA Index Portfolio 55.

At the normal retirement age (65 for men and 60 for women), workers can use the balance in their individual accounts to do one of the following: 2

Generally, PBGC does not guarantee any monthly pension amount that is greater than the monthly benefit your plan would have provided if you had retired at your normal retirement age.

The benefits that PBGC may guarantee include pension benefits payable at normal retirement age; certain early retirement benefits and disability benefits; and annuity benefits for survivors of participants.

PBGC can not guarantee any monthly amount greater than the amount the participant would have received as a straight - life annuity starting at normal retirement age.

I've got time to build wealth with leverage, but I won't have anything paid off before I'm at normal retirement age.