Annuity factor method (AFM) - Financial definition
Financial acronyms
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Concise definition of the term annuity factor method
The annuity factor method is a method of determining how much money can be withdrawn early from an annuity or an IRA before incurring tax penalties.
Comprehensive definition of the term annuity factor method
The annuity factor method primarily uses life-expectancy data to determine limits for withdrawal.