Amortization method - Definition

The distribution calculation method for making penalty free withdrawals from retirement. A person's life expectancy is determined using IRS tables. An earning Rate is assumed over the duration of the individual's life expectancy. Once the rate is determined, the withdrawal remains fixed each year.

Terms near "Amortization method"

Amortization of premium
Amortization schedule
Amortization term
Amortized value
Andorran Franc
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