Phased Retirement

Filed Under »
Dictionary Says

Definition of 'Phased Retirement '

A broad range of employment arrangements that allow an employee who is approaching retirement age to continue working with a reduced workload, and eventually transition from full-time work to full-time retirement. Phased retirement may include a pre-retirement, gradual reduction in hours (or days) of work and/or post-retirement, part-time work for pensioners who wish to remain employed.

Part-time, seasonal and temporary work or job-sharing are all work arrangements that can be a form of phased retirement.
Investopedia Says

Investopedia explains 'Phased Retirement '

The nature of retirement is changing, and many workers do not wish to experience a sudden end to work, followed by the equally sudden onset of full-time retirement. Instead, many workers wish to ease into retirement, transitioning out of the workforce with a reduced workload.  

It is seen as a benefit by many older workers, as it allows them to gradually ease into retirement while maintaining a higher income than they would receive if they quit work entirely. From the employers' point of view, phased retirement programs can be used to retain skilled older employees who would otherwise retire (especially in sectors where there is a shortage of entry-level job applicants), to reduce labor costs or to arrange the training of replacement employees by older workers.  
Search results for

'Phased Retirement '

  • Series 26 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/series-26/retirement-college-plans/individual-retirement-accounts-iras.asp
    ... Similarly, the deduction is phased out for married couples who have access to a
    qualified employer-sponsored retirement plan and earn a combined AGI between ...

  • Tips On How To Use IRAs To Boost Retirement Savings

    http://www.investopedia.com/articles/retirement/02/101602.asp
    ... the Internal Revenue Service for specific details regarding the phased in limits ...
    Conclusion IRAs have been the primary source of funding retirement nest eggs ...

  • Series 6 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/finra-series-6/retirement-college-savings-plans/traditional-iras.asp
    ... Similarly, the deduction is phased out for married couples who have access to a
    qualified employer-sponsored retirement plan and earn a combined AGI between ...

  • An Introduction To Roth IRAs

    http://www.investopedia.com/articles/retirement/04/091504.asp
    ... or her MAGI is between $0 and $10,000, the contribution limit is phased out. ... a Roth
    IRA by converting or rolling over amounts from non-Roth retirement accounts ...

  • Why Boomers' Retirement Is Different From Their Parents

    http://www.investopedia.com/articles/retirement/10/boomers-retirement.asp
    ... Therefore, boomers need to plan for a much more expensive retirement than their ...
    Corporate pensions were largely phased out, giving way to the 401(k). However ...

  • Series 66 Study Guide - Special Issues for Retirement Plans ...

    http://www.investopedia.com/exam-guide/series-66/retirement-plans/traditional-ira.asp
    ... If a person is currently covered by a retirement plan at work, IRA ... above, the
    contribution will be partially deductible - the deduction is "phased out" in ...

  • Series 26 Study Guide - Retirement and College Savings Plans ...

    http://www.investopedia.com/exam-guide/series-26/retirement-college-plans/roth-iras.asp
    ... person's ability to contribute to the Roth is gradually phased out between ... not matter
    if the investor participates in an employer-sponsored retirement plan, as ...

  • Series 65 Study Guide - Retirement Plans - Traditional Individual ...

    http://www.investopedia.com/exam-guide/series-65/retirement-plans/traditional-iras.asp
    ... If a person is currently covered by a retirement plan at work, IRA ... above, the
    contribution will be partially deductible - the deduction is "phased out" in ...

  • Retiring Early: How Long Should You Wait?

    http://www.investopedia.com/articles/retirement/06/retiringearly.asp
    ... The 1983 amendments phased in a gradual increase in the age for collecting full
    Social Security retirement benefits from 65 to 67 while reducing the percentage ...

  • Get Ready For The Estate Tax Phase-Out

    http://www.investopedia.com/articles/pf/05/EstateTaxPhaseOut.asp
    ... Tax Relief Reconciliation Act of 2001 (EGTRRA), the US federal estate-tax exemption
    is increasing each year, with the tax itself being phased out completely in ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
Partner Links