Definitions for "Periodic payments"
Keywords:  brk, alimony, indefinite, weekly, ira
A series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes.
Financial support given by one party to the other. It can be in the form of regular payments (e.g. monthly, yearly) or a lump sum. Maintenance of children is almost always assessed by the Child Support Agency.
Payments made at regular intervals such as monthly or bi-weekly.