2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. The life expectancy, for required minimum distribution (RMD) calculation purposes, is determined by the current age of the individual.
1. Also referred to as the average life span. It is used mainly by insurance companies to determine your premium.
2. The IRS life expectancy tables are used to calculate the RMD for retirement account owners and their beneficiaries.
Investment dictionary. Academic. 2012.
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life expectancy — life ex·pec·tan·cy n: the average life span of an individual Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. life expectancy n. The number of y … Law dictionary
life expectancy — life expectancies N UNCOUNT: also N in pl The life expectancy of a person, animal, or plant is the length of time that they are normally likely to live. The average life expectancy was 40... Smoking reduces life expectancy. Syn: lifespan … English dictionary
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life expectancy — n. the statistically probable length of time that a typical individual can be expected to live … English World dictionary
Life expectancy — This article is about the measure of remaining life. For the Dean Koontz novel, see Life Expectancy (novel). For List of countries by life expectancy, see List of countries by life expectancy. Life expectancy is the expected (in the statistical… … Wikipedia
life expectancy — noun an expected time to live as calculated on the basis of statistical probabilities • Hypernyms: ↑anticipation, ↑expectancy * * * noun, pl ⋯ cies : the average number of years that a person or animal can expect to live [noncount] improvements… … Useful english dictionary
life expectancy — The length of time that an average person is expected to live, which is used by insurance companies use to make projections of benefit payouts. Bloomberg Financial Dictionary * * * life expectancy ˌlife exˈpectancy noun life expectancies… … Financial and business terms
life expectancy — numatoma gyvenimo trukmė statusas T sritis biomedicinos mokslai apibrėžtis Vidutinis metų skaičius, liekantis gyventi asmenims nuo tam tikro amžiaus, esant dabarties mirtingumui. Šis rodiklis gali būti skaičiuojamas nuo gimimo – numatoma viso… … Lithuanian dictionary (lietuvių žodynas)
life expectancy — UK / US noun [countable/uncountable] Word forms life expectancy : singular life expectancy plural life expectancies 1) the length of time that someone is likely to live 2) the length of time that something lasts or remains useful … English dictionary