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What is a retirement payment called?

Updated: 9/18/2023
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13y ago

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pension

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Q: What is a retirement payment called?
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Related questions

What is another word for a retirement payment?

Pension.


What is a 7 letter word for a regular payment made to a person after they retire?

retirement payment


Does a veteran get a retirement check?

In the US, persons that serve long enough to retire from the military draw a retirement payment. Not all veterans are retirees. If your husband has deceased, DOES HIS WIFE GET HIS RETIREMENT CHECK? Answer: There is no one answer, since there is no one retirement program. You will need to check with the retirement agency.


What regular payment made to a person after he or she rotires?

A regular payment made to a person after they retire is called a pension. This is typically based on the individual's salary and years of service with their employer. It is a form of financial support during retirement.


What is variable annuity?

A Transamerica Variable Annuity is a fixed system of payment, based on a minimum monthly payment, that ensures payment to individuals during and after retirement.


What is transamerica variable annuity?

A Transamerica Variable Annuity is a fixed system of payment, based on a minimum monthly payment, that ensures payment to individuals during and after retirement.


What are retirement calculators used for?

A retirement calculator is used to calculate how much money you will receive monthly as a payment, show's how much your home is worth, and also helps you establish if your ready for retirement.


How does Army retirement work?

20 years or more of honorable service earns retirement. Payment is made every month. Amount depends on rank when retired.


Do you pay social security on a retirement incentive payment that is not wages?

Yes it is very possible that the retirement incentive amount will be subject to social security taxes in the year that the is received.


When you get your social security payment in July is that for June?

Yes. Social Security Retirement paymants are paid in arrears. So the check you receive in July is for your June payment


Can a person collect retirement from being a teacher's aide and social security payment at the same time?

YES


What is a monthly payment called?

Amonthley payment on a house is called a "Mortgage"