Pension Plan: Fund College Education

Definition of "Pension plan: fund college education"

Monet Templeton real estate agent

Written by

Monet Templetonelite badge icon

eXp Realty of Northern California, Inc.

Group of plans (to include section 401(k) plans and section 403(b) plans) that permit in-service withdrawals to fund a college education if a hardship exists.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Section of the Internal Revenue Code that provides for the taking of the proceeds from one life insurance policy or annuity and the reinvesting of these proceeds immediately in another life ...

Property to be insured, or that is insured, which is located within the specific geographical region falling under the auspices of the fire department. ...

Interest rate credited on three-month United States Treasury bills. ...

Common element in property insurance that excludes electrical damage or destruction of an appliance unless the damage is caused by a resultant fire. ...

Life insurance policy option under which the dividends that have accrued may be applied to mature the policy as endowment insurance. ...

Same as term: engineering approach; human approach ...

Variable-rate bonds whose coupon and value increases as interest rates decrease. ...

worth of each accumulation unit at the end of each valuation period for a variable annuity. This value is similar to that of the net asset value for a mutual fund. ...

First historical mortality table used for the calculation of premium rates for group annuities. This table was subsequently replaced by the group annuity table, 1971. ...

Popular Insurance Questions