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systematic withdrawal plan

 - 2 dictionary results
Financial Dictionary

Systematic Withdrawal Plan - SWP

A service offered by a mutual fund that provides a payout to the shareholder at predetermined intervals.

Investopedia Commentary

Two main reasons for using a SWP are to meet living requirements (usually when retired) or to accomplish tax planning purposes.

Related Links

Mutual Fund Basics Tutorial

See also: Mutual Fund, Redemption

Also spelled: SWP

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Financial Dictionary

systematic withdrawal plan

See withdrawal plan.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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