Sentences with phrase «aged or young spouses»

Not exact matches

When the younger spouse turns full retirement age, he or she files for a spouse benefit only.

While the bulk of single fathers among younger men are cohabiting, the reverse is true for fathers ages 40 and older — most of these single fathers have no spouse or partner in their household.

Nannies have a front row seat to everything that goes on inside your home, so if you and your spouse are constantly fighting or you let your older child bite and hit your younger repeatedly without age - appropriate discipline, a nanny might choose to leave the family.

The amount an individual will receive as a loan will depend on the value of the home, the age of the youngest borrower or eligible non-borrowing spouse, and current interest rates.

The child must be younger than the taxpayer (or spouse if filing jointly) and, under age 19 or a full - time student under age 24 or, any age if totally and permanently disabled.

When to apply often depends on the ages of the couple, are you the same age or is one spouse much younger than the other.

The Principal Loan Limit is determined by the age of the youngest borrower or non-borrowing spouse, the expected average interest rate, and the Maximum Claim Amount.

Regarding the decisions about apporting assets among adult children (beneficiaries), there are several consideratikons: relative wealth of each beneficiary; age of each beneficiary, as a guide to life expectancy; other sources of income, if any, available to each beneficiary such as working spouse or likely inheritance and amount from spouse's parents; support and help rendered during lifetime, especially later years; # of young children and their ages for each beneficiary; relative need among beneficiaries to maintain a reasonable standard of living; and so on.

Married couples have even more opportunities for increasing the amount they'll collect over their joint lifetime by engaging in various claiming strategies, such as the older spouse filing and suspending his or her benefit at full retirement age so the younger spouse can collect spousal benefits while the older spouse's benefit continues to grow.

The loan amount is based on the age of the youngest borrower or eligible non-borrowing spouse, the interest rate, as well as the lesser of the home's value or sales price, subject to HECM lending limits.

The counselor should also advise a client that the younger spouse may be added to a new HECM loan when he or she has reached the age of 62 via HECM refinance procedures.

Was under age 19 at the end of 2017 and younger than you (or your spouse, if filing jointly) or Under age 24 at the end of 2017, a student (defined later), and younger than you (or your spouse, if filing jointly) or Any age and permanently and totally disabled (defined later)

Usually the reason one spouse is removed from title is due to age (either the spouse to be removed is not old enough to qualify for a reverse mortgage or they are younger and do not qualify for enough to pay off an existing mortgage, etc).

So if both spouses will be older than 50 at the end of 2013, the working spouse would have to earn taxable income of $ 13,000 or more to make two maximum IRA contributions ($ 12,000 if only one spouse is age 50 or older at the end of 2013, $ 11,000 if both spouses will be younger than 50 at the end of the year).6, 9

The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive

• The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive • The appraised value of the property, minus the cost of any health or safety repairs required to bring the home up to code • The lending limits (where applicable); lending limits vary on a county by county basis • Interest rates, which are determined by the U.S. Treasury or LIBOR Index • The payment plan selected by the borrower

You can make contributions to your spouse or partner's plan, who is aged 71 or younger, to tax - defer eligible income.

One way to slow down the forced percentage is to base your withdrawal on your spouse's age, if he or she is younger than you, says Matthew Ardrey, wealth manager and vice president of Toronto - based TriDelta Financial.

This 10 % penalty charge, however, may be waived even if you are younger than 59 years and 6 months if you are borrowing to buy your first house, paying for medical expenses due to a sudden disability, expenses for higher - education for self or your offspring, paying to avoid foreclosure or eviction, getting your house repaired after a natural calamity has damaged it, for funeral expenses of a spouse, parent or child, or your employment is terminated when you are 55 years of age.

* This minimum annual payment is taken from a schedule that is based on your age or the age of your spouse if younger.

Primary cardholder receives a membership to enter Admirals Club lounges free of charge with his or her immediate family (spouse, partner, children 18 years of age or younger), or up to two guests

The need for a more - flexible schedule can arise from a variety of personal and professional situations, including caring for young children or aging parents, starting or growing a solo practice, moving with a spouse who is required to relocate for work, starting or growing a side business outside of the legal profession.

A spouse passing away at a young or at any age causes many years of lost income potential.

If the spouses have children age 18 or younger, Idaho law requires they exchange an Affidavit of Income and complete a Child Support Worksheet.

If you are recently bereaved (having been married, cohabiting or in a civil partnership), you can claim OFP for a period of up to 2 years from the date of death of your spouse / civil partner / co-habitant, or until your youngest child reaches the age of 18, in order to enable you to come to terms with your changed circumstances.

A person who is recently bereaved (married, co-habiting and persons in a civil partnership) and is thus parenting alone but who doesn't qualify for a Widow's, Widower's or Surviving Civil Partners Contributory Pension can claim one - parent family payment for up to two years from the date of death of the spouse, cohabitant or civil partner or until their youngest child reaches 18 years of age, whichever is earlier.

Because Health and Retirement Study spouses were selected into the study regardless of age, middle - aged spouses include a small percentage of persons 49 or younger as of 2006 (3.29 % of the time - series observations).

a HRS respondents were aged 50 or older, and their spouses were selected into the study regardless of age (3.29 % of the time - series observations were aged 49 or younger in 2006).

A: The amount of funds you are eligible to receive depends on your age (or the age of the youngest spouse when there is a couple), appraised home value, interest rates, and in the case of the government program, the FHA lending limit, which is currently $ 679,650.

The loan amount is based on the age of the youngest borrower or eligible non-borrowing spouse, the interest rate, as well as the lesser of the home's value or sales price, subject to HECM lending limits.

The amount an individual will receive as a loan will depend on the value of the home, the age of the youngest borrower or eligible non-borrowing spouse, and current interest rates.