Normal retirement
The age or number of working years after which a pension plan beneficiary can retire and receive unreduced benefits immediately.
Normal trading unit
See: Round lot.
But, if you own a nonqualified annuity, you may begin receiving income at 59 1/2 without risking an early withdrawal penalty, or you can postpone the decision to annuitize well beyond normal retirement age.
Another requirement is that in the event an employee reaches normal retirement age as defined by the retirement plan, the employee must become fully vested. However, the employee would still need to be employed on that date.
normal retirement age The predetermined age in a retirement plan from which point, employees may begin... normal yield curve The case in which long-term debt instruments have higher yields than short-term...
 See also: Retirement, Contribution, Close, Balance, Order
  
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