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Bonds Enabling Annual Retirement Savings (BEARS) |
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Bonds Enabling Annual Retirement Savings (BEARS)Holders of BEARS receive the face value of bonds underlying call option, which are exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price.Bonds Enabling Annual Retirement Savings (BEARS) Similar MatchesNormal retirementNormal retirementThe age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately. Normal retirement ageNormal retirement ageThe age at which an individual normally retires (60 to 70 for men and 55 to 70 for women). Men qualify for the state pension at 65 and women currently qualify at 60. However the qualifying normal retirement age for women will be increasing depending on their date of birth, the scale applying for those born after 6th April 1950. For personal pension plans individuals may take retirement between the ages of 50 and 75 and for retirement annuities between the ages of 60 and 75. Tax deferred retirement plansTax deferred retirement plansEmployer-sponsored and other plans that allow contributions and earnings to be made and accumulate tax-free until they are paid out as benefits. RetirementRetirementRemoval from circulation of stock or bonds that have been reacquired or redeemed. Retirement Protection Act of 1994Retirement Protection Act of 1994Legislation designed to protect the pension benefits of workers and retirees by increasing required support of pension plans by employers. Further Suggestionsearly retirementunfunded unapproved retirement benefits scheme Individual Retirement Account (IRA) retirement annuity contract (RAC) IRA (individual Retirement Account) Debt retirement phased retirement retirement relief Employee Retirement Income Security Act individual retirement account Registered Retirement Savings Plan (RRSP) normal retirement date Employee Retirement Income Security Act (ERISA) |
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