Sentences with phrase «lifetime payout»

"Lifetime payout" refers to a sum of money that is paid out over the course of someone's entire life. It represents the total amount that an individual may receive as payments or benefits for the duration of their lifetime. Full definition
The maximum lifetime payout for this reward is $ 100.
The maximum lifetime payout for this reward is $ 100.
The maximum lifetime payout for this reward is $ 100.
Under the new rules, if you live an average lifespan, you'll get the biggest lifetime payout by waiting until age 70 to begin drawing on CPP.
As you can see in the chart below, under the current rules, if you live a normal lifespan of 83 years, you'll get the biggest lifetime payout from CPP by opting to start payments at age 65.
Every year you delay, your monthly benefit rises by 8 %, giving you a good shot at an even bigger lifetime payout.
A guaranteed lifetime payout risk is factored into the premium of a permanent policy.
It may be counterintuitive to start drawing down your assets early, but the prospect of a higher lifetime payout later just makes too much sense.
My job as Stan The Annuity Man is to work with the hundreds of single premium immediate annuity carriers to maximize the annuity side of the strategy by finding the highest contractual lifetime payout for lowest upfront dollar amount.
The government has increased the penalty for taking CPP early across the board, so you'll get a smaller lifetime payout by taking it early, however long you live.
For most people, waiting longer implies a larger lifetime payout from America's retirement trust.
This plan is specially designed to take care of your guaranteed lifetime payouts under the Reverse Mortgage Loan enabled Annuity scheme.
While coverage is similar between Healthy Paws and Embrace, there are a couple important differences to take note of, including restrictions for enrollment and lifetime payout limits.
My job as Stan The Annuity Man is to work with the hundreds of single premium immediate annuity carriers to maximize the annuity side of the strategy by finding the highest contractual lifetime payout for lowest upfront dollar amount.
A whole life insurance policy may seem to be more costly, but the benefits of a guaranteed lifetime payout and a cash value may outweigh the difference.
Maximum lifetime payout — This is the maximum amount the insurance company will pay during the lifetime of your pet.
If we draw Social Security benefits at FRA on the former spouse's earnings and postpone taking Social Security benefits based on our earnings history, we can take advantage of that 8 % per year benefit payout increase effectively increasing our lifetime payout by as much as $ 100,000 to $ 200,000!
When you decide to take your lifetime income stream from the higher of the two annuity ledgers (income rider or investment), the annuity carrier assigns a percentage based on your life expectancy that will determine the lifetime payout.
An immediate annuity, with the lifetime payout option, can eliminate the risk of you outliving your savings.
But the bottom line is: Delaying your benefit, if you are healthy, gives you very good odds of maximizing your lifetime payout from Social Security.
Insurance companies will make some of their money back during the lifetime payout process.
For life insurance policies that pay death benefits in the form of a lifetime payout, the portion of the payout that is not subject to tax if the policy has no refund provision or stated time period guarantee which is determined by dividing the amount of the death benefit by the life expectancy of the beneficiary.
For example, a lifetime payout annuity's payments end after you die.
The structure of this annuity requires you to wait until a later date before you start receiving a lifetime payout.
While coverage is similar between Healthy Paws and Geico, there are a couple important differences, including restrictions for enrollment and lifetime payout limits.
For policies that have a maximum lifetime payout, the limits can go up to $ 200,000.
The lifetime payout amount can not be exhausted by market losses or guaranteed withdrawals... which may provide a guaranteed income stream that can last a lifetime.
a b c d e f g h i j k l m n o p q r s t u v w x y z