Tag: retirement

What is 'Variable Benefit Plan' A type of retirement plan in which the payout changes depending on how well the plan's investments...

The four percent rule, in the simplest of terms, and helps in determining the amount of funds that a retired person should withdraw from...

What is 'Family Of Funds' A group of mutual funds offered by one investment or fund company. Generally, the constituent funds cover...

What is 'Federal Employee Retirement System - FERS' A system that became effective in 1987 and replaced the Civil Service Retirement System...

What is 'Target Risk Fund' A fund that attempts to expose its investors to a specified amount of risk. The fund manager...

DefinitionTerm life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time,...

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...

Target-date funds are a type of mutual fund that is designed to meet the investment needs of a particular target date. They are often...

DefinitionA target benefit plan is a type of pension plan that is similar to a defined contribution plan in that it involves fixed contributions,...

What is 'Targeted-Distribution Fund' A mutual fund that focuses on the distribution of income and capital gains to fund holders. These funds...