A system for and method of administering payouts under an individual annuity contract is provided. In accordance with one embodiment of the present invention, a computer system is provided which ...

Many investors believe you can’t withdraw retirement savings before age 59 ½ without paying a 10 percent penalty. Others understand that the Internal Revenue Code allows for penalty free distributions ...

Tax-advantaged retirement accounts provide you with valuable retirement benefits. In exchange, you agree to lock up your money for the long term. Need early access to your retirement savings? The ...

The provisos in the definitions of the different types of retirement funds in the Income Tax Act (ITA) permit the Commissioner to prescribe additional limitations and conditions for the approval of ...