Sentences with phrase «with guaranteed minimum income»

Not exact matches

Should government guarantee a minimum income, along with shelter, food, and clothing, to all citizens?

Opposingly, in a defined contribution plan, the employee makes all of the decisions regarding investments and contributions, with no minimum income in retirement guaranteed.

SSI is the basic federal safety net program for the elderly, blind and disabled, providing them with a minimum guaranteed income.

Other highlights of the Guaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at rGuaranteed Account for 457 (b) and 403 (b) plans include complete guarantees of principal and interest (not found in all stable value accounts); rates declared in advance semiannually with a 1 % minimum rate guarantee; full liquidity (participants can transfer into and out of this account without restrictions or penalties); and an option to convert to guaranteed lifetime income at rguaranteed lifetime income at retirement.

Finally a minimum wage as a concept is not to be confused with a guaranteed annual income.

This means that any un-loaned policy value will be credited with a rate that will never fall below the contractually guaranteed minimum, making this type of policy a competitive insurance value that's often used when saving for retirement or supplementing income during your retirement years.

It was limited to individuals with an income less than 2000 Mark per year and guaranteed the insured person a 60 % minimum income during sickness.