Terms with Tag Retirement

Variable Annuity (VA) — Acronym,
- An annuity where the payments received by the annuitant in the income phase of the annuity vary depending on how well the insurer's investment portfolio has performed.
Variable Annuity Guaranteed Living Benefits (VAGLB) — Acronym,
Variable Payment Life Annuity (VPLA) — Acronym, British Columbia, Canada,
Yearly Maximum Pensionable Earnings (YMPE) — Acronym, Canada,
- The maximum limit to the amount of pensionable earnings a contributor would receive from the Canada Pension Plan (CPP). This value is indexed annually by the Canadian Federal Government and used in the calculation of the CPP Bridge Benefit. Pensions increase based on the Consumer Price Index (CPI).
➥ A term used relation to the Canadian Pension Plan.

Variable Annuity -
Variable Payment Life Annuity