Sentences with phrase «living adjustment provision»
Only 3 percent of searches involved products that include a cost of living adjustment provision.
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A second change addressed provisions for cost - of - living adjustments following retirement.
Couple this with various features of the plans themselves — for instance, early retirement provisions allowing teachers to retire in their early - to - mid 50s, unrealistic assumptions about investment returns, and cost - of - living adjustments not tied to any inflation index such as the Consumer Price Index — and you have a system that carries a hefty price tag.
The Windfall Elimination Provision (WEP) reduces your Eligibility Year (ELY) benefit amount before it is reduced or increased due to early retirement, delayed retirement credits, cost - of - living adjustments (COLA), or other factors.
The New York Life Secure Term MVA Fixed Annuity II also comes with a Market Value Adjustment (MVA) provision that allows New York Life Insurance and Annuity Corporation to offer a potentially higher initial interest rate than a product that does not offer this adjustment.
With Medicare Part B premiums set to increase next year, most Social Security recipients can take advantage of the program's «hold harmless» provision, which caps premium raises at a beneficiary's Social Security cost of living adjustment, which next year is zero, Kitces says.