Sentences with phrase «as a forced savings»

Many people use overwithholding of taxes as a forced savings plan.

The logic goes that the main selling point of whole life insurance — that you get an insurance policy along with a cash - value component that acts as forced savings — is actually a poor decision, and you'd be better off buying a cheaper term life insurance policy and investing the money you save elsewhere with a better return and lower fees.

Rather, the policy acts as a forced savings plan that accumulates money in a tax deferred account that you can THEN use to invest with, as you purchase other income producing assets, at the same time as earning interest and dividends on the cash value in your policy!

The policy acts as a forced savings plan.

Keep reading for our breakdown of why using whole life insurance as a forced savings vehicle just doesn't make sense.

I have never heard of this app before, i have heard of saving plans that round off your spending as a forced savings.

I've heard a home referred to as a forced savings plan before, and that's probably true for a large majority of people.

Whole life insurance lasts your whole life and works great as a forced savings account, in that you're obligated to keep investing in your savings in order to keep the account in effect.

But converted to a 15 year as a forced savings of sorts.

If you have your insurance and investment bundled together, it works as a forced savings vehicle so you don't have to worry about both.

Think of a mortgage as forced savings, with a portion of every monthly payment going toward reducing your loan's principal balance.

Even if there's no company matching, consider it as forced savings for a rainy day in the future...

«Many people are using the valuation of their house as a forced savings plan, but there are negative implications to this strategy.»

Cash value life insurance works as a forced savings vehicle to help provide supplemental retirement income.

Often viewed as forced savings plan, a Return of Premium policy provides an excellent way to save money for the future AND obtain the life insurance protection you need to care for your family's financial future.

Whole life insurance lasts your whole life and works great as a forced savings account, in that you're obligated to keep investing in your savings in order to keep the account in effect.

Keep reading for our breakdown of why using whole life insurance as a forced savings vehicle just doesn't make sense.

And, as a forced savings vehicle, there are usually more lucrative bets.

You can also view a return of premium policy as a forced savings vehicle.

«Others like to use this as a forced savings and then use the refund for different purposes,» Katz said.

The cash value aspect of whole life insurance also serves as a forced savings vehicle: Over time the insurer reduces its commitment to cover your death benefit as your cash value grows and eventually becomes big enough to cover the entire death benefit payout.

The logic goes that the main selling point of whole life insurance — that you get an insurance policy along with a cash - value component that acts as forced savings — is actually a poor decision, and you'd be better off buying a cheaper term life insurance policy and investing the money you save elsewhere with a better return and lower fees.

If you find that you've had a hard time saving money and already invest into retirement accounts, a whole life or other cash value life insurance plan can act as a forced savings account.

Whole life insurance is often presented as a forced savings vehicle: people are bad at saving, so if you roll it up into something they're buying anyway (life insurance) they don't have a choice.

The policy acts as a forced savings plan.

Whole life insurance acts as a forced savings account.

This is also known as forced savings.

Not exact matches

In addition to its corporate diversity, Alphabet Inc. ranked strongly for worker pay and benefits, including a flexible paid time off policy, and a strong 401 (k) savings program, and for its supply chain impact (the company has committed to reasonable worker hours, and to policies such as no forced or child labor).

As a result, the U.S. is forced to absorb roughly half the world's excess savings.

The 934th has been recognized as a leader in energy - savings initiatives by the U.S. Air Force Reserve Command.

But as I show in another blog entry, the tendency of rising income inequality to force up the savings rate beyond the needs of productive investment must necessarily be balanced by one, or a combination, of three counterbalancing events:

As long as China remains a weird, authoritarian plutocracy under the Communist Party, they will not share the savings and it will be forced outwarAs long as China remains a weird, authoritarian plutocracy under the Communist Party, they will not share the savings and it will be forced outwaras China remains a weird, authoritarian plutocracy under the Communist Party, they will not share the savings and it will be forced outward.

As savings were force up structurally, whether because of rising income inequality or a declining household share of GDP, the system responded in ways that were sustainable (increases in productive investment) and in ways that were unsustainable (rising inventory in China, increases in speculative investment in the US, China, and Europe, and increases in credit - financed consumption in the US and southern Europe).

Spain could therefore either use the imported German capital to (a) increase domestic investment (which it did in the form of a real estate bubble)(b) binge on consumption and sharply reduce its savings as a function of GDP (which it also did)(c) accept higher unemployment (which it is now forced to do) which forces GDP to fall faster than consumption falls or (d) try to emulate Germany by passing off a trade imbalance at the expense of the rest of the world (which Europe as a whole is trying to do and which will go nowhere in the long run because only one country is even remotely capable of accepting such massive inflows, and it is increasingly unwilling to import the unemployment caused by German and Asian policies).

The model would tell us that rather than implement income distribution policies that force up the savings rate, Beijing should redistribute income from the state sector to households so as to force up consumption.

As a net importer of capital and with its large current account deficit, Mexico helps absorb excess global savings and production that might otherwise force even larger U.S. trade deficits.2 It does so in two ways.

There are other forces acting, of course, including rising global savings rates as developing countries grow to represent a bigger share of global GDP.

As a form of «forced savings,» expanded CPP ensures that individuals pay their own way, rather than spending all their earnings and then relying on others for support in old age.»

In other words, QE benefited the wealthiest portion of the population, which dominates stock - ownership, while the bottom - 90 % of the population increasingly has been forced to dig into their savings to help meet non-discretionary expenses, such as food, energy and housing.

Interest from U.S. government obligations such as U.S. savings bonds is exempt, as is active duty pay from the National Guard or U.S. armed forces.

The policy amounts to forced saving on a huge scale — even as the officials who manage those savings say they already have more than enough for any contingency.

As a result, the private sector transitioned to 401 (k) plans for employees and Americans were forced to take charge of their investments as well as the rate of their retirement savingAs a result, the private sector transitioned to 401 (k) plans for employees and Americans were forced to take charge of their investments as well as the rate of their retirement savingas well as the rate of their retirement savingas the rate of their retirement savings.

Australia's last fruit manufacturer, SPC Ardmona, has warned it will be forced to close if the Abbott government delays a decision on a $ 25m grant as it searches for budget savings and weighs up the long - term future of food processing.

Duncan Smith had reportedly been in negotiations with home secretary Theresa May and defence secretary Philip Hammond over the issue, as he sought a conditional deal in which the savings would prevent any further cuts to police and the armed forces.

They accounted for the $ 13.6 billion cost of all the contracts by adding funds to the existing labor reserve in the budget, spending $ 1 billion from a separate account known as the «health stabilization fund» and forcing unions to come up with $ 3.4 billion worth of health care savings through FY2018.

None of the officers wanted to retire but are being given no choice as the force battles to make necessary savings.

«Former Governor Pataki and even the current administration have paraded these reductions in the state work force as fiscal savings to the state.

The drought has killed off much of the natural forage on grazing pastures as well as the alfalfa that Currier and other ranchers typically grow, forcing them to dig into savings to buy hay, straw, soybean supplements and other alternative feeds.

The unit is now about to recommend that dozens of British research institutes be forced into new groupings in order to obtain what it calls «savings / flexible use of manpower», otherwise known as budget cuts and redundancies.

The agency will find most of the savings by canceling its first of two rounds of 3 - year research grants planned for 2002, forcing researchers on as many as 50 projects to seek funding elsewhere.