Sentences with phrase «balance at their normal retirement age»

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.

Not exact matches

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

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