Revenue Bulletin


Definition of "Revenue bulletin 1988-52"

Ruling issued in 1988 by the Internal Revenue Service that stipulates that, when computing the pension benefits of an employee still working after 1987, the years of service on the job after the employee reaches age 65 cannot be disregarded. The issuance of this revenue bulletin makes it mandatory that pension benefits reflect all years on the job, to include those years after age 65.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Hidden Clauses

Ambiguous contractual language that may result in an unsuspecting buyer of a real property incurring ...

Scheduled Policy

Policy permitting an insured to choose desired coverages. These policies are important for items wit ...

Hold Harmless Clause

A contractual clause where one party assumes a liability risk for another. Thus, a hold harmless cla ...

In-force Business

Aggregate amount of insurance policies that are paid-up (or are being paid) that a life or health in ...

Retainer Clause

Provision in a nonproportional reinsurance contract that the reinsurance will protect only the busin ...

Stamp And Coin Dealers Insurance

Coverage on an all risks basis, subject to exclusions of war, wear and tear, loss resulting from del ...

Related Real Estate FAQ

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Is A Housing Ratio?

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

What Is A Basic Policy?

A basic policy is a homeowners insurance policy that covers certain perils. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Mortgage Loan Types Getting Ready to Sell? Don't make these DIY Mistakes! 3 tips to ensure your sale goes through 10 Tips for Homebuyers 7 Tips for a First Time Homebuyer

FAQ

What is the difference between being prequalified and preapproved for a loan? What is a mortgage broker? What is commission? What is a qualifying ratio? What are the benefits of Business Owners Insurance?