Sentences with phrase «amount as a lump»

«With a personal loan or regular home equity loan, you're getting the entire amount as a lump sum and paying interest on it immediately.»

The 2013 revised rule prevents homeowners from taking the full amount as a lump sum when the loan is approved.

Secondly, if your beneficiary is not disciplined financially, receiving a large amount as lump sum payment being the proceeds from your life insurance policy may encourage him to spend the whole money carelessly.

You can either take this amount as a lump - sum payment or you can receive a set amount of it each month.

When you take out a personal loan, you will apply for a specific amount of money, and if approved, receive this amount as a lump sum.

Alternatively, Sasha could partially commute the reversionary death benefit income stream, but she would have to pay the commuted amount as a lump sum out of the super system.

The entire sum insured amount as a lump sum is received, thus helping to plan the treatment accordingly

Part amount as lump sum and remaining as monthly payouts for a fixed number of months.

Upon diagnosis of as many as six diseases mentioned in the policy document, National Insurance Critical illness policy offers the total Sum Insured amount as a lump sum.

Basically, money back plans give small amounts to the life insured at regular intervals instead of paying the entire amount as a lump sum amount at the end of the term.

You may take this amount as a lump sum in one go.

It provides a sum assured amount as a lump sum to your family or nominee that helps them attain financial independence, even when you are not around.

Instead of taking the entire amount as lump sum, she plans to opt for the Settlement Option 2 where she will get Rs. 50 Lacs as lump sum immediately after death and the remaining Rs. 50 Lacs as monthly income (starting from next Policy Anniversary) increasing at 8.50 % p.a. (simple rate) every year starting from the policy anniversary following the date of death.

In the event of the demise of the life insured, the nominee will receive the sum assured amount as a lump sum and the policy terminates thereafter.

In case of demise of the life insured during the policy term, the nominee is entitled to receive a Sum Assured amount as a lump sum payout.

In the event of the demise of the life insured, the nominee / legal heir will receive the sum assured amount as a lump sum.

In this case your family will receive 50 % of the Sum Assured on Death amount as lump sum and 1 % of the same will be paid as monthly income spread over 60 months.

Further, instead of receiving this amount as a lump sum, you can also choose to convert it into a monthly income under the settlement option.

I would have preferred an additional explicit option where you can take part amount as lump sum and remaining as monthly payout.

In case of major condition detection, the company pays out 100 % of the cover amount as a lump sum and the policy is terminated.

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.

That is a significant amount to devote just to healthcare when you look at it as a lump sum.

The amount available is traditionally available as a monthly pension or a lump sum.

The total amount paid as a lump sum and monthly payments will be equal to the amount that would have been paid had the member not elected to receive a lump - sum payment.

For simplicity, let's consider a reverse mortgage obtained as a lump sum amount with a fixed interest rate.

Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).

Since fiber does not «count» as a carbohydrate because it doesn't fit the definition, why are we lumping in «low carbers» (whatever that means) with people who consume «low amounts of fiber»?

After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method

A partial lump - sum payment whereby a portion of the accrued benefit is paid to the participant and the remaining amount is transferred to an eligible retirement plan, as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant; or

Aside from the obvious value of receiving a large amount of cash as a lump sum, there are some risks with choosing an annuity to receive the death benefit.

It's similar to a personal credit card because it allows you to borrow funds as needed, without having to take the full amount in one lump - sum payment.

Lump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial futLump sum: The entire death benefit will be paid out as a lump sum amount to secure your family's financial futlump sum amount to secure your family's financial future.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paid.

The Principal Limit amount can be received as monthly installments, a line of credit, or an upfront lump sum.

A life annuity is an arrangement in which you hand an insurance company a lump sum of money and the company guarantees to pay you a given amount for as long as you live.

Payments can be given all at once in a lump sum, as a regular monthly term payment or through a line of credit at times and in amounts that you choose.

The premium could be paid to the life insurance company as a lump sum, an annual or semi-annual payment, or monthly amount, for example.

If you can't invest a lump sum amount, you can do it through a Systematic Investment Plan i.e. SIP with as less as Rs. 500.

How quickly can you apply a lump sum payment against your mortgage principle so as to minimize the amount of extra interest you end up paying?

If you put more money into this «lump sum» amount, you should record that as a debit to wherever the money...

Considering it as an investment tool plus a retirement plan, since after 35 years i.e. at the age of 60 it will give a lump - sum amount, is it wise decision to buy the life insurance under given conditions?

If a borrower needs the bulk of their reverse mortgage payment immediately, they can receive it as a lump sum payment.6 A lump sum is recommended if the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reason.

While this usually is one lump sum, some policies offer the option of a more long - term payment arrangement, such as a fixed monthly amount.

While a HELOC gives you the flexibility of tapping your home's value in just the amount you need as you need it, a home equity loan provides a lump - sum withdrawal.

That's because RRIFs offer more flexibility and tax savings than annuities (see the pros and cons of annuities at TSI Network) or a lump - sum withdrawal (which in most cases is a poor retirement investing option, since you'll be taxed on the entire amount in that year as ordinary income).

Finova loans are advertised as lines of credit, but they differ from the revolving credit associated with a credit card or personal line of credit because you get your loan amount in a lump sum, not as a credit limit.

(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.

This election allows you to make a lump - sum contribution up to five times the annual exclusion amount of $ 75,000 per beneficiary in one year and elect to treat the contribution as if it was made ratably over five years avoiding federal gift tax liability, as long as you make no other gifts to the same beneficiary for the next five years.

A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.

For 5 lakh amount, can go for long term as I will not require this fund in at least for 5 - 7 yrs, I want to know as it will be lump sump amount so how can I allocate it different investment instrument, MF being primary, and want to put this money in moderate risk.?