Tag: pension
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and...
Kazakhstan National Fund
DefinitionThe government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax...
Underlying Mortality Assumption
What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...
Early Withdrawal
What is 'Early Withdrawal' The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from...
Keogh Plan
DefinitionKeogh plans are a type of retirement plan for self-employed people and small businesses in the United States. Keogh Plan What is the...
Obligation Bond
What is 'Obligation Bond' A municipal bond used to secure a mortgage on property or other physical assets that can be liquidated....
It is a 401k?
A 401k plan is a retirement plan that is available through an employer. It allows you to save and grow your nest egg using...
DB(k) Plan
What is a DB(k) Plan
A DB(k) plan is a type of retirement savings plan that is sponsored by an employer. The name "DB(k)" comes...
S&P Core Earnings
What is 'S&P Core Earnings' The Standard and Poor's revised version of the measurement of core earnings, which excludes any gains related...