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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

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Annuity Factor Method


Synonyms:annuitization factor method, annuity withdrawal method
Filed Under: annuities, estate-management, investments
Tags: annuity, banking, investment
 

Definition of annuity factor method

annuity factor method
1. A method used to determine how much an individual can withdraw from an annuity before being penalized. The annuity factor method primarily uses life-expectancy data to determine withdrawal limits.

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