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 ?

'At the payout phase, tax is at 30 per cent but of course there is the first payment of Sh600,000 which is exempt.

Stop taxing retirees, pension firm tells government

In addition, annuitants may recognize less taxable income during the payout phase, due to the partial recovery of basis associated with each payment.

The pros and cons of fixed and indexed annuities

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.

Public participation contest - group contract occupational pensions by way of congruently reinsured provident fund

The firm said that the plan covers cost of living by paying an increasing annual guaranteed income during the payout phase. Annual payout of the guaranteed income commences after the premium payment term is over, the bank said.

Kotak Life launches new product

"At a yield of 8% 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 Rs.

Max Life Re-invents Pension Planning

Moreover, the Commission will develop a code of good practice for occupational pension schemes (second pillar), addressing issues such as better coverage of employee, the payout phase, risk-sharing and mitigation, cost effectiveness and shock absorption.

SOCIAL POLICY : WHITE PAPER PROMOTES PRIVATE PENSION SCHEMES

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.

Longevity risk management in Singapore's national pension system

There is a minimum guaranteed payout to allay concerns about the possibility of both dying early during the payout phase. 3) Annual payouts are assumed to be made at the beginning of each year to maximize calculated rates of return.

What would you think? A close look at a popular annuity sales presentation begs the question: is it misleading?

With the growing maturity of pension reforms, research on pension systems has shifted from an emphasis on the accumulation phase to the payout phase for retiring workers.

Annuities and other retirement products; designing the payout phase

After the participant retires, the value of the participant's underlying investments is converted into an annuity and the payout phase begins.

Income Options

In the payout phase, the product has to be like a tripod.

Evaluating the options

In return for making a deposit into an annuity, the insurance company ultimately agrees to pay the owner (or owners) a specified amount (the annuity payments) periodically, beginning on a specified date--this is the payout phase of the annuity.