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Payout Phase

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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.


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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.
 
 
 
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