Founded in 1801 as South Carolina College, South Carolina is the flagship institution of the University of South Carolina System and offers more than 350 programs of study, leading to bachelor's, master's, and doctoral degrees from fourteen degree-granting colleges and schools.
Drawdown may refer to: Drawdown (economics), decline in the value of an investment, below its all-time high. Drawdown (hydrology), a lowering of a reservoir or a change in hydraulic head in an aquifer, typically due to pumping a well.
If the pensioner makes it beyond 75, the beneficiaries can still inherit the pension, but they will pay their marginal rate of tax on the income they take from it. No inheritance tax is payable, regardless of the size of the pension pot. Another attraction to drawdown is the potential for enhanced investment returns.