Payout Phase

Payout Phase

1. The period of time during which benefits on an annuity or retirement account are paid.

2. In entrepreneurship, a period of time in which cash flow is negative. This especially applies to the early part of a company's history before it has recovered start up costs and operating expenses.
References in periodicals archive ?
1 Betriebsrentengesetz (currently 1%) in the payout phase, with contribution exemption for disability and death benefit during the accumulation phase as well as in the pension.
The firm said that the plan covers cost of living by paying an increasing annual guaranteed income during the payout phase.
While defined contribution (DC) pensions have enjoyed varying degrees of success during the accumulation phase, proponents of the DC model now confront the larger question of how participants will manage their capital throughout the payout phase so as not to run out of money in retirement.
Annuities and other retirement products; designing the payout phase.
In the payout phase, the product has to be like a tripod.
The patent also includes data processing methods used to administer variable annuities in the payout phase and withdrawals from mutual funds, particularly systematic withdrawals from funds.
The VGBL is built up with after-tax dollars, the first such product in Brazil, and interest and capital gains accrue tax free until the product reaches the payout phase.
Saint Louis University plan members also will retain access to advice from TIAA-CREF financial consultants, who provide objective retirement planning tailored to individuals' goals at varying life stages, including the payout phase in retirement.
Kotak Life Insurance announced the introduction of a plan dubbed as Kotak Assured Income Accelerator , which factors in the ever increasing cost of living by paying an increasing annual guaranteed income over the payout phase.
A representative of the firm said, 'At a yield of 8 percent in the accumulation phase and our current annuity rates in the pension payout phase, a 35-year old individual, who invests in this plan and pays around INR 5,000 per month for 25 years, is likely to get an income of INR20,000 per month as lifelong pension.
All this has made experts view the payout phase of retirement in a different light.
ING's retail and worksite combination is very powerful, particularly as you consider that baby boomers are moving toward the payout phase in their retirement planning journeys," said Mark Tullis, chief of staff and general manager, ING Americas.