Fixed Annuitization Method

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Definition: Fixed Annuitization Method

Fixed Annuitization Method
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Full Definition of Fixed Annuitization Method

A retirement fund option that allows participants to withdraw funds prior to the age of 50 1/2 years without a penalty. The method calculates payments by multiplying the account balance at the time of withdrawal request by an annuity factor taken from IRS mortality tables.

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Fixed Annuitization Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/fixed-annuitization-method/.
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Fixed Annuitization Method. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/fixed-annuitization-method/ (accessed: April 23, 2024).
American Psychological Association (APA):
Fixed Annuitization Method. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/fixed-annuitization-method/

Definition Sources

Definitions for Fixed Annuitization Method are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.