Sentences with phrase «huge cash withdrawals»

Not exact matches

(4) Huge risk that doesn't match the rate of return: I'll explain more below, but the tax drag, cash drag, and withdrawal fee all reduces your rate of return by so much that I can't see anyway that your risk equals the rate of return.

If you're struggling to meet basic necessities such as mortgage or utility bills, you're constantly living off credit, making credit card cash withdrawals or have huge charges, you're likely to meet the criteria.

Because of the attractive tax features of a life insurance contract discussed above, prior to 1988 a small life insurance contract could be funded with a huge sum of money, grow tax deferred, a large portion of the cash could be accessed tax free for withdrawals, and the value passed on to the next generation free of taxes.