Sentences with phrase «early retirement age»

However, if you leave the job before you reach early retirement age — often 55 — many plans allow you to take out the lump sum equivalent value of your pension.

Front - line ladermen and women are usually young, and the stress of battling the flames makes this a job with a relatively early retirement age.

In Iowa, teachers start leaving in large numbers starting at the state's early retirement age of 55 and accelerating at age 57.

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).

Thirty years was considered the most relevant horizon because the life expectancy of most retiring households, even with some years added for conservatism, did not extend past this horizon unless a particularly early retirement age was chosen.

One can catalogue fairly easily, as I have done, such things as the shorter workweek, the earlier retirement age, the increase in vacation time and paid holidays, the greater consumer buying power, and the lack of fulfillment in work.

That disconnect, where teachers have earlier retirement ages and longer retirement periods, has broader societal and cost implications.

The early retirement age — currently 62 — sets the point at which you can start collecting Social Security benefits.

I was expecting to see yield emerge as the most important criteria for investors with an early retirement age target since they will require a higher income early on.

If you start collecting benefits at age 62 (early retirement age), you'll pay a penalty of 25 percent or more in your monthly benefits.

You can generally start claiming benefits at age 65, or sooner if your plan sets an earlier retirement age.

As the income multiplier target is based on income replacement target and retirement age, for an earlier retirement age, this target goes up due to lower social security retirement benefits and a longer retirement horizon.

Such participants can receive benefit payments from the plan once they reach the plan's normal retirement age or, if the plan allows, the plan's early retirement age.

In PBGC - trusteed single - employer plans, PBGC can not recognize an early retirement age that is earlier than the participant's age as of his or her earliest PBGC retirement date (EPRD).

Such a participant can receive benefit payments from the plan once he or she reaches the plan's normal retirement age or, if the plan allows, the plan's early retirement age.

A plan may offer temporary payments from the participant's early retirement age to a specified age, such as age 62 (when a participant becomes eligible for Social Security) or normal retirement age.