Adjustment Income

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Income payable to a surviving spouse or other beneficiary upon the death of the primary wage earner to bridge the gap until the beneficiary is self-sufficient. For example, income can be provided for a limited period of time until a widow can regain emotional stability, receive career guidance, as well as training, to establish a permanent career if necessary. The need for adjustment income is a significant consideration in deciding how much life insurance to purchase.

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Adjustment Income

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Home > Library > Business & Finance > Investment Dictionary

Income paid to the dependent(s) of a primary wage earner in the event of his or her death. These funds, usually provided through life insurance policies, are intended to provide financial support as the beneficiary adjusts to becoming self-sufficient.

Investopedia Says:
An example of adjustment income would be funds provided to a widow upon the death of her spouse to allow time to recover emotionally and receive career counseling and job training if necessary.

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