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  2. How to calculate the present and future value of annuities - AOL

    www.aol.com/finance/calculate-present-future...

    Therefore, the future value of your annuity due with $1,000 annual payments at a 5 percent interest rate for five years would be about $5,801.91.

  3. Substantially Equal Periodic Payments (SEPP), explained - AOL

    www.aol.com/finance/substantially-equal-periodic...

    The formula for this method divides the retirement account balance by a number called the annuity factor. The annuity factor is calculated using some specific information, such as life expectancy ...

  4. How To Calculate the Present and Future Value of Annuity - AOL

    www.aol.com/finance/calculate-present-future...

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  5. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...

  6. SEP-IRA - Wikipedia

    en.wikipedia.org/wiki/SEP-IRA

    A Simplified Employee Pension Individual Retirement Arrangement (SEP-IRA) is a variation of the Individual Retirement Account used in the United States. SEP-IRAs are adopted by business owners to provide retirement benefits for themselves and their employees. [1] There are no significant administration costs for a self-employed person with no ...

  7. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The company created a program in which 3,600 workers who had reached the retirement age of 60 received full pension benefits, 4,000 workers aged 40–59 who had ten years with Studebaker received lump sum payments valued at roughly 15% of the actuarial value of their pension benefits, and the remaining 2,900 workers received no pensions.

  8. Lump sum payout vs. annuity from a pension: How to decide - AOL

    www.aol.com/finance/lump-sum-payout-vs-annuity...

    Simplified financial management: A monthly pension payment offers financial security and simplicity. The pension plan handles investments and determines your regular payout, shielding you from ...

  9. Is It Better to Take Annuity Payments Monthly or Once ... - AOL

    www.aol.com/finance/better-annuity-payments...

    The right type of annuity can be a good addition to your retirement plan, along with Social Security, pension payments and withdrawals from investment and retirement accounts. A knowledgeable ...

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