Sentences with phrase «as a lump sum of»

The federal government counts any cancelled debt as a lump sum of money handed to you to pay off the rest of the debt.

Immediate Lifetime Annuity: An account that provides payment as soon as a lump sum of money is deposited into the account.

Make sure you have an accurate idea of your current savings balances and an idea of what you plan to do with that money — as well as any lump sums of cash that may come your way, such as an income tax refund check.

Immediate Lifetime Annuity: An account that provides payment as soon as a lump sum of money is deposited into the account.

Transamerica actually forces you to take a minimum death benefit as a lump sum of $ 10,000.

The death benefit is payable as a lump sum of basic sum assured plus all the bonuses irrespective of all survival benefit paid earlier.

Not exact matches

Mr Stephen Rogers chief executive of Clough's Oil and Gas business unit said that the Apache project would generate a strong and consistent earnings stream for the Oil and Gas business unit, with positive cash flow, and as the contract is rates based, Clough does not assume any lump - sum risk.

If there's a winner or winners in Wednesday's drawing, they will be given a choice of how to take the money: as an annuity or as a lump sum.

The value of the vested Account balance in the Cash Balance Plan is payable to the team member at any time after termination of employment in either a lump sum or an actuarially equivalent monthly annuity as provided under the Cash Balance Plan and as elected by the team member.

When April comes I'll pay my tax bill asap and then pocked the rest of the lump sum as a nice bonus.

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.

This calculator is also referred to as a future value of lump sum calculator or retirement annuity calculator.

When asked for a sum total of how much he plans to save, Tony explained how he views retirement as a new phase in life, not just an event with a single lump sum.

A recent MetLife survey * highlighted how this choice shakes out when it comes to retirement: One in five retirees who took their pension or defined contribution plan, such as a 401 (k), as a lump sum depleted it in an average of 5 1/2 years.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

But they are also now allowed to take a lump sum to do with as they please, or to purchase any one of a number of alternative financial products — it is these changes that have driven the huge increase in demand for software solutions from ASX - listed Bravura (ASX: BVS) and GBST (ASX: GBT).

The money in your annuity — which you invest as a lump sum or through a series of payments, depending on the policy you choose — generates a stream of income paid to you for your lifetime.

The payouts from an annuity contract can be made as one lump sum or as a series of payouts over time based on your needs.

An immediate annuity is when the client gives a lump sum of money to the insurance company & the insurer guarantees a monthly income as long as the client lives.

Specifically, individuals can make a lump - sum gift to a 529 plan of up to $ 65,000 ($ 130,000 for married couples) and avoid gift tax, provided the gift is treated as having been made in equal installments over a five - year period and no other gifts are made to that beneficiary during the five years.

As a lump - sum distribution, the PLOP is fully taxable, unless it is rolled over to a qualified plan or IRA and, like monthly benefits, may be subject to court orders, such as division of property orders and support withholding orders, if applicablAs a lump - sum distribution, the PLOP is fully taxable, unless it is rolled over to a qualified plan or IRA and, like monthly benefits, may be subject to court orders, such as division of property orders and support withholding orders, if applicablas division of property orders and support withholding orders, if applicable.

The thick, velvety, lump - free gravy of your dreams becomes reality when the three core components — pan drippings, roux, and stock — come together as something way better than the sum of its parts.

TV deals, however, come in lump sum figures over a long period of time, and as stated in the article, fighters with ppv points in the contracts would have issues.

As there are 21 weeks from the start of January to the end of the English football season in late May, that would mean Liverpool can hope to recoup # 1.68 m in wages, in addition to the half - million - pound lump sum.

As I understand it Arsenal are offering a large portion of the transfer fee «up front» and in one lump sum to Monaco as opposed to over many years AND they are offering a portion of that fee go to Mbappe as a bonuAs I understand it Arsenal are offering a large portion of the transfer fee «up front» and in one lump sum to Monaco as opposed to over many years AND they are offering a portion of that fee go to Mbappe as a bonuas opposed to over many years AND they are offering a portion of that fee go to Mbappe as a bonuas a bonus.

AS Roma have set aside a lump sum of cash to reinforce their squad in the January transfer window according to...

It is also a good idea to make sure that the length of the period of sponsorship is agreed on and whether the benefits (financial or otherwise) will be given to the club as one lump sum at the start of sponsorship or periodically throughout the sponsorship.

We believe that, as well as the obvious benefit of a tax - free lump sum when your baby grows to age 18, saving for your child helps to educate them about the importance of money and preparing for their future, helping to set up positive habits from a young age.

Pressure is coming, though — the 2008 and 2010 campaigns broke down a lot of barriers, and consultants are also being pushed more often into lump - sum channel - neutral contracts that don't discriminate as much against the «net.

The logic behind this (as I remember it from one of Clegg's speeches) was that by the time the child reaches 18 years old, a lump - sum windfall may deliver a short - term benefit but will be of little use in the long - run if they had a poor education.

Of immediate concern is providing states with a lump sum for Medicaid spending — a system known as block grants — as opposed to an open - ended entitlement.

Legally, candidates for the state Senate or Assembly are not required to itemize purchases less than $ 50, but investigators wondered whether lump sums categorized as «unitemized» — or large unspecified credit card charges — concealed purchases of goods or services unrelated to a campaign.

He also proposed that lawmakers convicted of corruption be required to forfeit their taxpayer - funded pensions, that per diems be given either to reimburse specific travel expenses or as a lump sum, and that more stringent campaign finance laws be enacted to prevent campaign funds from going to personal use.

The Islanders» sublease with SMG, agreed upon during the final days of Democrat Thomas Suozzi's tenure as Nassau County executive in December 2009, also stipulates that the hockey team owes SMG a $ 7 million lump sum at the end of the lease as part of a deferred rent payment plan.

But today's proposal would do away with the need for endless pages of itemised expense, and the need for MPs to keep receipts of their purchases - replacing the system with a lump sum of # 23,000 for the second home which MPs could spend as they wish.

The Queens delegation recently allocated a lump sum of $ 3M toward purchase of a schoolyard in Jackson Heights for part - time use as a park.

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).

Because of this, in October 2000 Germany's Associations for the Promotion of Highly Gifted Students (Begabtenförderungswerke) increased their scholarship rates to 1800 DM (920 euros) monthly, plus a lump sum of 200 DM (100 euros) for expenses such as research books.

Just as his temporary contract was running to its end in 2003, Rothenberg won a Vidi grant from the Netherlands Organisation for Scientific Research (NWO), a lump sum of?

The funds can either be received as a lump sum, or in small daily installments with additional interest payments of 10 %.

Under the existing rules, up to 25 per cent of the fund could be taken as a tax free lump sum and the remainder would, in the majority of cases, be required to be used to purchase an annuity.

In the event that an item needs replacing quickly, such as a server, schools can do so with a relatively minor monthly adjustment to the budget, instead of a lump sum that could seriously affect cash flow.

A lump - sum direct rollover distribution whereby all accrued benefits, plus interest and investment earnings, are paid from the participant's account directly to an eligible retirement plan as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant;

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

Anything not spent on benefits was given back to teachers as a lump - sum check at the end of the year: additional cash teachers could pocket and / or invest however they chose.

«You might pay by the credit as opposed to one lump sum of tuition.»

Use of innovative financing and a fixed - price, lump - sum design - build contract for SH 130 delivered the CTTS components 25 years sooner than conventional pay - as - you - go financing would have delivered.

Famous retail names such as Apple, Waterstones, Tesco, Folyes, Blackwell, The University Bookshop, Baker & Taylor and the Hive to name but a few.We manage your eBook upload and quality checking for your eBook, you receive a monthly payment from each of the retailers as a single lump sum.

The tax treatment of both super and death benefits is also affected by whether the benefits are paid as a lump sum or income stream (regular payments).

Another option is to add the PMI premium in a lump sum to your mortgage balance and to repay it as part of your monthly mortgage payment.