Sentences with phrase «future pension payouts»
Add up the balances of all current savings and investment accounts and future pension payouts.
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Unite also expressed fears over the future of the Royal Mail pension scheme as the company seeks to drive through changes ahead of the proposed sale which could lead to cuts in pension payouts.
It may have been from a Defined Contribution (DC) pension plan where you bought mutual funds during your employment or it may have been from a Defined Benefit (DB) pension plan where you chose a lump - sum payout instead of a future monthly pension payment.
However, if the payout from the pension fund is not enough or if the person needs regular payouts at certain stages of life to meet future expenses, then the monthly investment plans need to be looked at.