Attained Age

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Dictionary Says

Definition of 'Attained Age'

1) The age at which the beneficiary of an insurance policy, retirement plan or other aged-dependent plan, is able to receive benefits or withdraw funds. Attained age can be any age at which benefits are received. In some cases, the person may have to take action when he reaches the attained age, such as retiring from a company.

2) An individual policy holder's age at a specific point in time. Attained age can be used to calculate pricing in policies that set payments according to the policy holder's age. Typically, the pricing increases as the policy holder ages. 
Investopedia Says

Investopedia explains 'Attained Age'

1) Various ages are used as the attained age, as in the age of majority or retirement.

2) Attained age pricing adjusts pricing according to age. The older the policy holder, the more that policy holder pays to remain covered. This type of policy may have lower initial expenses, but may become more expensive than issue-age pricing or community-rated pricing as the policy holder ages.
Search results for

'Attained Age'

  • Intro To Insurance: Types Of Life Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance8.asp
    ... limited number of years (ie. a term between 5 and 30 years) based on attained
    age. Convertibility provisions permit the policy owner ...

  • Designating A Minor As An IRA Beneficiary

    http://www.investopedia.com/articles/retirement/09/minor-as-ira-beneficiary.asp
    ... There are several reasons why a donor might choose to bestow an IRA upon
    a beneficiary who has not yet attained the age of majority. ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/breakeven-age-calculation.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/lose-early-benefits-work.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/federal-tax-rate.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/payments-deduction-trust-fund.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/federal-insurance-contributions-act.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 7 Social Security Myths: Exposed Slideshow | Investopedia

    http://www.investopedia.com/slide-show/social-security-benefit-myths/inflation-cola-cpi.aspx
    ... Contributions Act (FICA) withholding on earned income, regardless of the
    worker’s age. ... If one of your 35 highest indexed-earnings years is attained after ...

  • Top 6 Myths About Social Security Benefits

    http://www.investopedia.com/articles/retirement/08/6-retirement-myths.asp
    ... Reality - Every dollar of earned income, up to any age, can result in increases
    in ... If one of your 35 highest indexed-earnings years is attained after you start ...

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