Life Expectancy

Business / Taxes / Life Expectancy: Your life expectancy is the age to which you can expect to live. Actuarial tables establish your official life expectancy, which insurance companies use to evaluate the risk they take in selling you life insurance or an annuity contract. The Internal Revenue Service (IRS) also uses life expectancy to determine the distribution period you must use to calculate minimum required distributions from your retirement savings plans or traditional IRAs. However, your true life expectancy, based on your lifestyle, family history, and other factors, may be longer or shorter than your official life expectancy.

Other Words for Life

Life Noun Synonyms: existence, living, way of life, lifestyle
Life Verb Synonyms: existence, entity, being, sentience, viability
MORE

Participating Life Insurance Policies

Business / Finance / Participating Life Insurance Policies: Life insurance that pays dividends to policyholders depending on the company's success as provided by few claims and profitable underwritings and investments. MORE

Okazaki Long-Life Massage

Health / Massage / Okazaki Long-Life Massage: These two practices form an integral part of traditional martial arts training that emphasizes a concern for physical well-being. Restoration therapy has been practiced in Japan for more than fifteen MORE

Nonparticipating Life Insurance Policy

Business / Finance / Nonparticipating Life Insurance Policy: Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid. MORE

Links
Home
Glossary
Thesaurus