Sentences with phrase «account upon your death»

It also provides tax - advantaged ways to add to your account upon your death.

A donor - advised fund account also provides tax - advantaged ways to add to your account upon your death.

If you mean naming a spouse or commom - law partner as a successor who can continue to contribute to your TFSA account upon death then I would suggest calling the government to obtain a concrete answer.

That person will take over your account upon your death.

So things need to change, that's apparent, but although it would be a good PR win for a company like Valve to just come out and say, «hey, we're going to let you transfer ownership of your accounts upon death, no worries», it's not quite that straightforward.

Not exact matches

These optional forms can include cost - of - living increases or higher level amounts; the hypothetical account balance is not available as a lump sum except for small amounts or to the beneficiary of the participant upon his or her death before commencement.

Even though the title «Son of God» is used in the account of the Baptism, presumably the origin of Jesus» Messianic consciousness — as many modern scholars interpret the passage — nevertheless the whole idea of his acceptance of death is formulated in terms of the heavenly Man who has power and authority upon earth, (Mark 2:10, 28) who fulfills what is written of him, who dies and rises again, and is to come in glory as the supreme advocate or judge.

He suggested that we might need a Teilhardian / Rahnerian perspective upon spirit emerging from matter, and also a good «natural theodicy» to take account of the fact that «death is constitutive of evolution».

Yahoo, for example, is notorious for terminating an account upon a user's death and forbidding access afterward.

I Am Not Your Negro Rated PG - 13 for disturbing violent images, thematic material, language and brief nudity Rotten Tomatoes Score: 99 % Upon his death in 1987, James Baldwin had written only thirty pages of a manuscript that was to become the book «Remember This House,» giving the personal account of the lives and assassinations of three of his close friends: Medgar Evers, Malcolm X and Martin Luther King, Jr..

Upon death, your HSA account ownership may transfer to your spouse on a tax - free basis, and the account will still be subject to all HSA guidelines and requirements, simply with your spouse as the new owner.

Death Benefit Rider Upon the death of the Owner, the death benefit will be equal to the account value after theDeath Benefit Rider Upon the death of the Owner, the death benefit will be equal to the account value after thedeath of the Owner, the death benefit will be equal to the account value after thedeath benefit will be equal to the account value after the MVA.

The article we published on Survivor's Benefits stated that «Upon your death, the funds in your TSP account can not remain in the TSP.

A Payable on Death (POD) account, also known as a Totten or informal trust account, is a simple way to disperse assets upon dDeath (POD) account, also known as a Totten or informal trust account, is a simple way to disperse assets upon deathdeath.

(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lump — sum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.

Upon death, POD account assets are distributed outside of probate, as are living trust assets.

This way, upon my death, my kids can divide the investment assets in the account equally without having to pay tax.

As the IRA distribution process occurs upon your death, if the primary beneficiary is alive, your account will go to them.

The death benefit of a life insurance policy is the amount paid out upon the death of the insured, while cash value refers to the amount of funds in a permanent life insurance policy's cash account.

If you wish to give your TFSA (tax - free savings account) money to a designated person upon your death, this can be done using one of two options available through the TFSA.

A transfer on death registration allows you to transfer such accounts to another individual upon your death, allowing the assets to avoid probate; a similar registration type — payable on death is available for bank accounts.

Upon the death of the accountholder (s), the funds in the account will be distributed evenly to each beneficiary who survives the account holders (s)(or to his or her representatives as applicable).

Upon the death of a sole owner when the owner's estate is not being probated and is subject to small estate administration under the laws of the deceased owner's State of legal residence, you may reregister the account to the heir (s) by providing the following:

Upon the death of a sole owner when the owner's estate is being probated, you may reregister the account to the estate by providing the following:

In a deferred profit sharing plan, the employer contributions accrue over time in employee accounts and are typically disbursed upon retirement, death or however specified in the provisions of the plan.

Upon the death of any joint Account holder, the surviving joint Account holder (s) must give reasonably prompt notice to us.

Often, the death benefit is based upon the account value OR it may be based upon formula to calculate amounts paid in verses paid out.

Among the various assets he owned upon death was a U.S. individual retirement account (IRA) on which the taxpayer and his siblings were named as beneficiaries.

And assets contributed to a 529 plan are not considered part of the account owner's estate, therefore avoiding estate taxes upon the owner's death.

For example, if you have joint ownership with right of survivorship (JOWROS) of a bank account (or a home, etc.) with your child, the child would receive complete ownership upon your death.

A characteristic of a joint account is that normally upon the death of one account holder, ownership of the account assets pass to the remaining account holder (s).

Financial Accounts: Most financial accounts may be made payable upon death to a named beneficiary, including a nonprofit organization such as Animal Humane.

I must preemptively refer you to John Gregory's post from last year when it comes to canvassing the laws, and lack thereof, around how third party services (like Google, Facebook, PayPal, etc.) are obliged to act upon the death of an account holder.

Upon your death, assets in these accounts are passed to beneficiaries without going through probate.

It is a good idea to check with the bank on whether or not any joint account will be frozen upon the death of one of the spouses.

Upon receipt of a copy of a death certificate, your account may be terminated and all Content permanently deleted.

Upon receipt of a copy of a death certificate, your account may be terminated and all contents therein permanently deleted.»

You agree that your Yahoo! account is non-transferable and any rights to your Yahoo! I.D. or Content within your account terminate upon your death.

Most fixed annuity death benefits are simple; whatever the account is worth is what gets paid out upon death.

Regardless of whether an annuity owner's beneficiary is a spouse or non-spouse, upon his death the entire account value is included in calculating estate tax liability.

Your «cash value» is held in a savings account that earns interest, separate from your face amount or death benefit, which is paid to your heirs upon your death.

With many cash value life policies, only a single payout is made upon a policyholder's death, regardless of what the cash value account is worth when he dies.

Upon receipt of a copy of a death certificate, your account may be terminated and all contents therein permanently deleted.

Bank account which balance will be paid upon the owner's death to the person specified as the pay on death beneficiary.

Assets such as real estate, automobiles, bank accounts and stock accounts that are held in joint tenancy with right of survivorship will pass to the surviving joint tenant upon your death, and not in accordance with any directions in your will.