Attained Age

Attained Age

1. The age of a person holding an insurance policy. This may affect the premium that is paid.

2. The age at which a beneficiary, policyholder, or pensioner begins to receive payments from a plan.
References in periodicals archive ?
The shape of this curve poses the question of whether mortality improvement is shaped entirely by the attained age or if there has been a benefit of being at the "right age at the right time:' In other words, is there a cohort effect as well as an attained-age effect?
They adjusted for age and lung cancer secular trends by generating risk sets using attained age in 1-year increments as the timeline; they also included an ordinal variable for calendar year (1985-2000) in all models.
Actuaries use a variety of methods (entry age, frozen entry age, attained age, frozen attained age, projected unit credit, or aggregate) to calculate employer contributions for funding purposes.
The premium for the extra benefits is based on attained age.
If death occurs after you have attained age 75 then there will be a 55% tax charge on the payments.
For only a taxpayer's first tax year beginning after 2009, the income tax deduction allowed to self-employed individuals for the cost of health insurance for themselves, their spouses, dependents and children, who have not attained age 27 at the end of the tax year, also is allowed in calculating net earnings from self-employment for self-employment tax purposes.
Hereward Senior attained age 90 on that date, in the company of family and friends from near and far, at his residence in Westmount, Quebec.
According to the uniform life expectancy table, life expectancy at attained age 62 is 85.
Group Annuity Experience 1951, 1961, 1971, and 1981 Male Female Attained Age Exposure Deaths Exposure Deaths 1951 55-59 335.
These establish that a payment will be treated as a "pension" if: (i) the employee has been employed by the same employer for five years or, if less, has attained age 62 (or was first employed by the employer after reaching age 60) (see, e.
The divorce decree provided that Gay would maintain possession of the house until the youngest child attained age 18, at which time the house would be sold and each spouse would receive one half of the net proceeds.