Petitioner, James Dawson, retired from his position as a U.S. Marshal on March 31, 2008. Steager v. Dawson at 2. Dawson currently receives retirement income from the Federal Employee Retirement System (“FERS”). Id.
The State of West Virginia...
retirement
(LIIBULLETIN preview)
James LaRue, an employee of the management consulting firm DeWolff, Boberg & Associates ("DeWolff"), brought suit against his employer and his employer's 401(k) plan for breach of fiduciary duty with respect to administration of the plan, in which...
(Wex page)
Definition
An annuity — periodic payments to a recipient — that varies in amount based on the performance of the underlying investments.
Illustrative caselawSee, e.g. NationsBank of North Carolina, N.A. v. Variable Annuity Life Ins. Co., 513 U.S....
(Wex page)
Definition
A form of whole life insurance that accumulates cash value on a tax-deferred basis. Variable life insurance operates similarly to a mutual fund because the insured pays premiums that go into a separate investment account owned by the insured...
(Wex page)
Definition
A form of whole life insurance that combines aspects of universal life insurance and variable life insurance and provides for a death benefit and accrues cash value on a tax-deferred basis. Variable universal life insurance ("VUL") policies...