An alternative withdrawal schedule for the recipient of an annuity that allows the recipient to specify larger payments or a greater frequency. By choosing a systematic withdrawal schedule, the recipient takes the risk that the payments may expire earlier than with a standard annuity.
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- Systematic Withdrawal Schedule Definition | Investopedia
A method of withdrawing funds from an annuity account by which the annuitant withdraws funds from the account in specified amounts for a specified payment ...
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What Does Systematic Withdrawal Schedule Mean? The expression refers to an annuity withdrawal method which is based on a systematic planning.
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Jun 29, 2009 ... With the systematic withdrawal schedule, the annuitant chooses instead to withdraw funds from his or her account until it is emptied, bearing the ...
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There are several ways in which an annuity may be paid out, the most common of which is the systematic withdrawal schedule. Under this payout system, the ...
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One study showed that people who used a systematic withdrawal schedule were twice as likely to quit as those who went cold turkey. The procedure involves ...