Objective. 1  Closely read and reread a nonfiction text, and analyze the author's main points. 2  Explain how the author uses evidence and reasons to support his major ideas in the text.
In United States tax law, the windfall elimination provision is a regulation that aims to prevent retirees from receiving more Social Security benefits than they are entitled to, based on their payments into the Social Security system during their working years.
Bailout Provision: A provision in an annuity contract that allows the owner to surrender the contract, generally without charge, if the renewal interest rates on a fixed annuity drop under the pre-determined amount (usually 1%). Basis Point: A unit of measure, with 100 basis points being equal to one percentage point.