Retirement income payments definition

Retirement income payments means the annual retirement income payments payable under the plan.

Retirement income payments means the monthly retirement income payments payable.

Retirement income payments. – means the payments in the amounts and at the times determined in accordance with the provisions of section 9 of this Declaration of Trust.

Examples of Retirement income payments in a sentence

• Retirement income payments may not be surrendered or transferred during the lifetime of the Annuitant or his/her Spouse, if any.

• Retirement income payments and unscheduled withdrawals from your RRIF must be included in your income for the year the payments are made.We are required to withhold tax at the government prescribed rates from any retirement income payments and unscheduled withdrawals that exceed the RRIF minimum retirement income amount required to be withdrawn for that calendar year.

• Retirement income payments may not be surrendered or transferred during the lifetime of the Holder or his/her Spouse, if any.

• Retirement income payments" means the monthly retirement income payments payable under the plan.

• Retirement income payments and other amounts withdrawn under a RRIF will generally be included in your income.

• Retirement income payments are made in accordance with the payment option chosen by the Annuitant or, failing such choice, according to the terms of the Contract.

• Retirement income payments" means the annual retirement income payments payable under the plan.

• Retirement income payments must begin no later than the first calendar year after the year in which you establish the Fund.

• Retirement income payments" means the monthly retirement income payments payable.

• There is often some geographical distance between the different facilities, which reduce competition.

More Definitions of Retirement income payments

Retirement income payments means the payments, in the amounts and at the time determined in accordance with the provisions of Clause 6 hereof and the payment selection designated on the Application, to be made to the Annuitant and, where the Annuitant so elects, to the Annuitant’s Spouse after the Annuitant’s death, which payments are not assignable in whole or in part and otherwise comply with Applicable Tax Laws.

Retirement income payments means the annual retirement income payments payable

Retirement income payments means the payments, in the amounts and at the time determined in accordance with the provisions of Clause 6 hereof and the payment selection designated on the Application, to be made to the Annuitant and, where the Annuitant so elects, to the Annuitant’s Spouse after the Annuitant’s death, which payments are not assignable in whole or in part and otherwise comply with Applicable Tax Laws. “Spouse” has the same meaning as recognized under the Income Tax Act (Canada) and includes the term “common-law partner” as it is described in subsection 248(1) of the Income Tax Act (Canada). Notwithstanding anything to the contrary in this Retirement Income Fund Agreement, “spouse” shall not include any person who is not recognized as a spouse or common law partner for the purposes of any provision of the Income Tax Act Canada respecting retirement income funds. “Transferred Property” means any funds caused by the Annuitant to be transferred to the Depositary for the Fund in accordance with the provisions of Clause 5 hereof. “Year” means a calendar year commencing (a) in the first year of the Fund on the later of the date of acceptance of the Application by the Depositary and the date of first receipt by the Depositary of Fund Assets, and (b) in all subsequent years on January 1, and ending on December 31 in each year.