Sentences with phrase «excess money paid»

Excess money paid after this time is considered interest and is therefore taxable.

Not exact matches

Or if there is excess money in the account after paying for one child, you can use the rest for another by changing the beneficiary.

By paying interest on excess reserves (IOER), the Fed rewards banks for keeping balances beyond what they need to meet their legal requirements; and by making overnight reverse repurchase agreements (ON - RRP) with various GSEs and money - market funds, it gets those institutions to lend funds to it.

If you pay more than your minimum payment on a card, your issuer is required to apply any money in excess of the credit card minimum payment to the balance with the highest APR and any remaining portion to the other balances in descending order based on the APR..

If someone handed me $ 10,000,000 with the imperative to construct a portfolio that will, comprehensively, make money in all environments, increase wealth by at least 5 % in excess of the rate of inflation over the long term, and do it in a way that the total dividends paid out would be greater each year, these are the companies I would choose.

Those «excess reserves» include a huge chunk of money held there by foreign banks who are only too happy to receive 1 % on their holdings from the Fed given that their own central banks are paying 0 %, or even negative rates.

This applies especially in the cases of Perez and Debuchy who are definitely being paid far in excess of what they could get in Spain or France unless they were taken in by a very big team with more money than sense.

If they needed additional money, I asked them to do specific clean - up tasks, helped them find babysitting jobs, or worked out some kind of compromise («You pay for half» was my favorite to stop excess spending).

Together we can build a monthly budget based upon your monthly take home pay and find ways to eliminate unnecessary spending to free up excess money to pay off debt and build wealth.

They are in the process of paying back the excess monies to government.

Prosecutors have claimed Ms. Stulsky took «in excess» of $ 50,000 over several years and used the money to pay for «everyday expenses,» such as pet food, groceries and cigarettes.

From Mark Wahlberg's controlled verbal outbursts to Martin Sheen's earnestness to Alec Baldwin's schizoid vulgarities to Leonardo Di Caprio's compassionate toughness to Ray Winstone's quasi immobile fierceness to Jack Nicholson's beautifully pure excess, The Departed is indeed an performance - driven, fast - paced comedy of expertly timed thrills (or comedic thriller, depending on your point of view) peppered with several instances of acrobatic verbal witticisms, and topped with enough generic clichés and predictable screw - turns to make it palatable for all audiences (yes, even those who paid money to see Ashton Kutcher and Kevin Costner's The Guardian).

The excess money that you pay is used to reduce the principal amount which is allocated to a special life insurance policy.

Now a few weeks later the company decides to start a new project, for which it needs to borrow money (because it paid out its excess returns) and therefore pay some interest for this borrowed money.

In a traditional budget, where any dollars not needed to pay expenses are classified as excess or unassigned funds, there is always the danger that you may be tempted to spend this money unproductively.

I realize I was paying a transfer fee, but it was only 2 % and was worth it to me to do that and invest the excess money I had laying around because I could earn more there.

If you don't like keeping excess funds in your checking account, it does not make sense to pay a premium to bank with an institution that charges you for moving money around.

In this type of bankruptcy the court will appoint a trustee whose job it is to liquidate all property that is not exempt (or is in excess of what he or she may keep under law), and use the money raised to pay creditors.

Instead, pay the minimum to keep the offer in effect, put the rest in the savings account to earn excess interest, and if you need to borrow money in the future, don't take a cash advance but instead borrow again off that same outstanding balance from the savings account.

Can a student take out a loan for let's say $ 17,000, pay - off a school balance, and use the excess money for another school (transferring from school A to school B)?

Additionally, his spending money was now beyond depleted and he was paying excess amounts in credit card interest.

Gain on a full surrender Gain on partial distributions IRA distributions TSA / ORP distributions Correction of excess contributions to IRAs Conversion of IRA assets to a Roth IRA Gain on surrender of Paid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not aPaid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not aPaid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apaid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apply

The first step in paying off excess debt is identifying money in your budget that can be allocated to do so.

A car insurance claim may still cost you money if you have excess to pay.

As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.

The ability to pay deposits should automatically sterilize any excess money creation.

Here is where the Fed would believe that the ability to pay interest on deposits is important — short term interest rates can not fall much below the Fed Funds rate, as any excess money would simply flow into reserves at the Fed.

If you go over the annual deferral limits and don't correct the excess contribution, you have to pay taxes on the excess twice: once when the money goes in and a second time when you take distributions.

In fact, if your child receives a Bright Futures Scholarship and you also have a Prepaid Plan, excess monies can be used to pay for other Qualified Higher Education Expenses such as textbooks, supplies and housing.

What happens if cash flow is not adequate - how do you get more money in the IRA without paying the 6 % excess contribution penalty or rolling good money into bad?

When a company has excess capital from their operations, they can use that money to do several things: - Reinvest in core growth - Make acquisitions - Improve the balance sheet - Pay dividends - Repurchase shares

Once you've reached max Synergy on a ship, you can transfer the excess Synergy to your other ships by paying with real money.

TSW is still a great game, but unfortunately after paying for a few months I just don't have the excess money to be spending on a monthly fee right now, but when it inevitably goes to the F2P model, I urge you to give it a shot.

The pool of money generated goes to pay that premium back to the residential customers who are feeding excess solar power to the grid.

An Alabama sheriff who is paid $ 93,000 a year was able to pocket more than $ 750,000 from excess money in an inmate food fund over a three - year period, thanks to a state law passed before World War II.

We have obtained compensation in excess of # 1m for over a dozen brain injured clients over the years — money that was desperately needed to pay for the care, equipment and therapies that they require to allow them the best possible quality of life, and to keep them secure and protected throughout their life.

If you are involved in an accident, they take money out of your voluntary excess coverage first to repair the damages, then they pay the rest based on the policy that you purchased.

While there are a few special situations when you can avoid the penalty, like paying for excess medical bills and college expenses, generally once you put money in an IRA, you should try to keep it there until retirement.

The excess is the amount of money you agree to pay in the event of a claim.

Excess being the amount of money that you pay toward the new vehicle before insurance steps in to help.

A term insurance policy will require a medical exam, but your family will be listed as the beneficiary of the policy, and they can use the money to pay off a mortgage debt, but still have control over any excess without having to worry about the bank as a middleman.

The best monthly income plans offer more payouts than the premium you need to pay, and you can use the excess money to buy secure investments that keep your money safe.

If you have no excess money one year, you do not have to feel pressed to contribute more cash in the form of paid up additions.

All money in excess of the total amount of premiums you've paid represents the amount of money that will be subject to taxation.

The gains are represented by any amount of money in excess of the total premiums you've paid into the policy.

If your estate is in excess of $ 1,500,000 in the year 2005 you will have to pay estate taxes which can take quite a chunk out of the money intended for your loved ones.

Your insurance company will invest the money while you have the policy, earn an excess return on your higher premiums, and then be able to return the exact amount that you paid at the end of the policy.

SBI life was earlier fined for mis - selling one of its plan named «Dhanraksha Plus LPPT», has now been ordered to refund the money which has been accounted under the excess commissions it has paid out of premium collected under this policy.

An excess amount is defined as the sum of money that an insured has to pay towards any claim.

Well, insurance companies pool the premium payments of thousands of policy owners and they invest that money in safe, secure investments, and they make money from those investments, and pay out the claims from the interest paid on their investments, and the excess premiums