Actuarial Present Value [Internal Revenue] Law and Legal Definition
Pursuant to 26 CFR 1.401(a)(4)-12 [Title 26 Internal Revenue; Chapter I Internal Revenue Service, Department of the Treasury; Subchapter A Income Tax; Part 1 Income Taxes; Normal Taxes and Surtaxes; Deferred Compensation, Etc.; Pension, Profit-Sharing, Stock Bonus Plans Etc.], the term Actuarial Present Value means “the value as of a specified date of an amount or series of amounts due thereafter, where each amount is --
(1) Multiplied by the probability that the condition or conditions on which payment of the amount is contingent will be satisfied; and
(2) Discounted according to an assumed rate of interest to reflect the time value of money.”
Legal Definition list
- Actuarial Present Value [Internal Revenue]
- Actuarial Method [HUD]
- Actuarial Experience [Employee Retirement]
- Actuarial Equivalent (Health Care)
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarial Risk
- Actuarial Services [Employee Retirement]
- Actuarial Surplus
- Actuarial Table
- Actuarial Value
- Actuarially Appropriate [Federal Crop Insurance Corporation]
