Adjustment Income

Dictionary Says

Definition of 'Adjustment Income'

Income paid to the dependent(s) of a primary wage earner in the event of his or her death. These funds, usually provided through life insurance policies, are intended to provide financial support as the beneficiary adjusts to becoming self-sufficient.
Investopedia Says

Investopedia explains 'Adjustment Income'

An example of adjustment income would be funds provided to a widow upon the death of her spouse to allow time to recover emotionally and receive career counseling and job training if necessary.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Life Insurance

    A protection ...
  2. Second-To-Die Insurance

    A type of life ...
  3. Permanent Life Insurance

    An umbrella term ...
  4. Death Benefit

    The amount on a ...
  5. Beneficiary

    Anybody who ...
  6. Joint And Survivor Annuity

    An insurance ...
  7. Accidental Death Benefit

    The payment due ...
  8. Variable Death Benefit

    The amount paid ...
  9. National Average Wage Index - NAWI

    An index ...
  10. 403(b) Plan

    A retirement ...

Articles Of Interest

  1. Life Insurance: Putting A Price On Peace Of Mind

    Would your death leave loved ones financially stranded? Find out how to ease your mind and keep them protected.
  2. Exploring Advanced Insurance Contract Fundamentals

    Understanding your contract can help you protect our family's financial security.
  3. Life Insurance: How To Get the Most Out Of Your Policy

    There are many benefits to owning a life insurance policy - if you get the right one for you.
  4. How Much Life Insurance Should You Carry?

    Learn how much - if any - insurance you really need.
  5. A Multipurpose Future Planning Tool

    Overfunded variable universal life insurance policies can be an all-in-one financial solution.
  6. Pick The Perfect Trust

    Trusts are an estate plan's anchor, but the terminology can be confusing. We cut through the clutter.
  7. Market Capitalization Defined

    Find out the differences between mega-, large-, mid- and small-cap stocks and how each suits different investing styles.
  8. In Small Business, Success Is Spelled With 5 "C"s

    Incorporating these steps will help your business thrive in a competitive market.
  9. Retirement Savings Tips For 35- To 44-Year-Olds

    Learn how the "sandwich generation" can save for retirement while taking care of their kids and parents.
  10. Is Loan Protection Insurance Right For You?

    This coverage can keep you from defaulting on your loans when you're in financial trouble.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center