Flexible Drawdown definition

Flexible Drawdown means Income Drawdown with no maximum income limit, set up at any time;
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Flexible Drawdown or “Flexi Access Drawdown” means an option for an individual to receive payments from their pension fund as they choose.
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Flexible Drawdown means Income Drawdown with no maximum income limit.
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Examples of Flexible Drawdown in a sentence

  • The reporting shall be to the Water Supply Division, in a format acceptable to the Secretary.

  • The relevant part of the manual was Section 2 Chapter 1, 1.1.2 and 1.1.3. Question 4 Write brief notes on Capped Drawdown, Flexible Drawdown and Flexi Access Drawdown.

  • The triggers for the MPAA apply when you have accessed your pension benefits in any of the following ways; Uncrystallised Funds Pension Lump Sum, Flexi-access Drawdown Income, Capped Drawdown Income Above Cap, Existing Flexible Drawdown and Stand Alone Lump Sum.

  • When Flexible Drawdown was first introduced the risk of allowing unlimited withdrawals was mitigated as it could only be accessed by people who had secure pension income of at least£20,000 a year.

  • Chart 1: Flexible Drawdown Lifestyle (The Default Option) Annuity Lifestyle The Annuity Lifestyle works on the principle that a member electing this option will, at the point of retirement, take the maximum tax-free cash sum and use the rest of their account to purchase an annuity at retirement.

  • The introduction of regulation in different countries has produced divergent results, indicating that the effects of regulation on electricity prices and allocative efficiency are ‘unpredictable’.

  • Students will receive college credit from Dutchess and school credit from the high school.

  • Demonstrate an awareness of language conventions and usage during oral presentations.8. Identify and correct errors in everyday speech.9. Support opinions expressed with detailed evidence and with visual or media displays that use appropriate technologies.1. Lenguaje 6: SB Unit 1, page 8; Unit 2, pages 24-25.2. Lenguaje 6: SB Unit 7, pages 100-101.

  • Pension Discretionary (125 year) TrustPlan number(s) • Discretionary Trust for use with plans issued under the Zurich Personal Pension (No.2Z) Plan or the Zurich Personal Pension (No.3Z) Scheme.• It may be used in conjunction with the Self Invested Personal Pension (SIPP), Protected Rights Transfer Plan, Flexible Drawdown Plan, Tax Advantaged Life Assurance Plan (TALA) but is not suitable for use with any other Zurich plans.

  • New ideas were encouraged and executed with 100% self belief which only justified the success which we achieved.


More Definitions of Flexible Drawdown

Flexible Drawdown means Drawdown to which the limit in Pension rule 5 or Pension death benefit rule 4 (as appropriate) does not apply.
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Flexible Drawdown means the facility to provide income withdrawal to a member, or a person entitled through a member, who satisfies the minimum income requirement and all other relevant conditions described in Schedule 28 to the Act.
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Flexible Drawdown means Income Drawdown with no maximum income limit, set up at any time; “Government Withdrawal Charge” means a charge
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Related to Flexible Drawdown

  • Drawdown means a drawdown of an Advance;

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Term Advance has the meaning specified in Section 2.01(a).

  • Group Annuity Contract means a master contract providing annuities to a group of persons under a single con- tract.

  • Equipment Advance is defined in Section 2.1.1.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Loan Advance The meaning specified in Section 2.2(a).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Notice of Drawdown means a notice substantially in the form set out in Schedule 4 (Notice of Drawdown).

  • Unallocated annuity contract means any annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under such contract or certificate.

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).