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Life Expectancy |
Also found in: Medical, Wikipedia, Hutchinson | 0.07 sec. |
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Life Expectancy 1. The age until which a person is expected to live.
2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. The life expectancy, for Required Minimum Distribution calculation purposes, is determined by the current age of the individual. Notes: 1. Also referred to as the average life span. It is used mainly by insurance companies to determine your premium.
2. The IRS life expectancy tables are used to calculate the Required Minimum Distribution for retirement account owners and their beneficiaries. See also: Life Insurance, Required Minimum Distribution Life expectancy The length of time that an average person is expected to live, which is used by insurance companies use to make projections of benefit payouts. |
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Most were looking for adventure, not knowing that the average life span of a pilot was three to six weeks. The fact is that by most broad measures--wages, average life span, crime, education levels, home ownership, and racial and gender equality, to name a few--life in this country has clearly improved over the last generation. An earlier eight-year study found the average life span was 83. |
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Average life span
