Sentences with phrase «as lump»

Yes, you can pay your premium as a lump sum, and most companies allow you to choose either monthly, quarterly, semi-annual or annual payments.

The death benefit is paid as a lump sum income tax free.

Accelerated death benefits are paid as a lump sum.

Payments that are paid as a lump sum (such as a one - time transfer in the event of a «clean break») is not taxable or deductible.

Despite being a common - law wife, she sought alimony for herself in the amount of $ 56,000 per month and $ 50 million as a lump sum payment.

Severance pay is considered insurable time but only where it is paid as salary continuance and not as a lump sum.

He recognized the adverse tax consequences that would result from Mr. Dowling's receipt of the damage award as a lump sum and, in my view, correctly included a «gross - up» to offset the additional tax liability occasioned by receipt of the funds all at once, as opposed to over time.

Although Deeley had provided Wood with the benefits she was entitled to during the notice period as well as a lump sum payment to arguably account for the lack of severance pay, this did not change the fact that the termination clause was deficient and unenforceable.

Upon termination the employer paid salary and benefits for 13 weeks of working notice as well as a lump sum equivalent to eight weeks» pay.

Spousal support can be paid monthly or in some circumstances, spousal support may be payable as a lump sum.

When paid out as a lump sum, it becomes non taxable in the hands of the recipient and this factor is taken into consideration when calculating a lump sum.

This notice may be provided as working notice, by salary continuance in life of notice, or as a lump sum payment in lieu of notice.

The agreement to pay the other party, can be structured as a lump sum, or divided into periodic payments over a set course of time.

Later, relying on Raithatha, a trustee in bankruptcy (Mr Horton) approached the High Court requesting an IPO to require a bankrupt (Mr Henry) to take his four valuable money - purchase pension pots (not yet in payment) as lump sums.

For example, if your accident benefits file settles for $ 40,000 for attendant care and $ 10,000 for housekeeping, and a jury awards you $ 50,000 as a lump sum for those benefits, your recovery will be nil.

If settlement proceeds (taken as a lump sum, a structured settlement or some combination) are placed in a properly drafted supplemental (special) needs trust (SNT), they will not impact the plaintiff's eligibility for ongoing support from government funded programs.

The court upheld the trial judge's allocation — even though it was done as a lump sum under multiple benefit categories — because she adhered to the policy objective set out in the Insurance Act of avoiding double recovery.

Under this scenario, how much should we be willing to pay today as a lump sum to avoid this cost?

There's also «Critical Illness» cover, an insurance policy that's usually paid as a lump sum, where you'll get a tax - free chunk if you're diagnosed with one of the serious illnesses covered by your policy, such as cancers, heart attack and stroke.

After you reach your 12th billing statement, Discover will give you the cumulative amount of cash back you have earned again as a lump sum.

You only get 1.5 x miles every statement and you get the extra 1.5 x miles as a lump sum at the end of the year.

Yet early detection can be difficult as cancer may not only present itself as a lump on the skin, but may develop internally.

Our clinic offers wellness examinations, dental procedures, soft - tissue surgeries (such as lump removals), toe nail trims, and more.

If you discover any abnormalities, such as a lump or growth on your pet's body, we advise you to schedule an appointment with us as soon as possible.

As a full service hospital, we have the capabilities for a wide range of surgeries, from soft tissue surgeries (such as lump removals or laceration repairs) to orthopedic surgeries (such as fractured bones or knee repairs).

When the trust terminates, the remaining principal goes to HSSV as a lump sum.

Skin cancer frequently presents as a lump or bump that may or may not be ulcerated.

When the trust terminates, the remaining principal goes to Animal League America as a lump sum.

I can't recall whether this sore is in the same place as the lump.

Cancer can present in your senior pet as a lump, change is behaviour, difficulty breathing, vomiting, diarrhea, lameness, blood in the urine as well as many other clinical signs.

Panniculitis is usually visible as a lump but it is an inflammation of the subcutaneous fatty tissue and is not cancerous.

Skin cancer usually appears as a lump or bump and may even look like a mole or a black spot on your dog's skin.

They often present as a lump in the throat that may indicate they are already present in the lymph nodes.

As a lump sum?

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.

This is an important extra cost to be mindful of, and an argument for taking the death benefit as a lump sum.

Participants can choose to take distributions as a lump sum, annual installments or as an annuity.

Indeed, only 14 % of workers have a defined benefit pension plan, according to the US Department of Labor.2 If you're one of those people, you'll want to weigh the pros and cons of how you withdraw the money — as a lump sum or stream of income.

(3) Any time after you're 62, get a reverse mortgage, which pays you most of the equity you've built in cash, either as a lump - sum or as monthly payments.

Or you can transfer as a lump sum.

Contributing to an RRSP doesn't make sense for everyone (e.g., if you expect your tax rate to be higher in retirement than it is now), but for those for whom it does, contribute to it and use the tax refund as a lump - sum payment on your mortgage.

The loan can be taken as a lump sum, a regular income stream, a line of credit or a combination of these options.

You can take the loan as a lump sum, regular income stream, line of credit or a combination of these options.

Invested as a lump sum yearly and gaining the same interest as the investment in case 2 (8 %), this comes out to $ 147k.

Any commuted amount will need to be cashed out as a lump sum and paid to you, rather than being kept in an accumulation account.

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.

If the total value of your retirement phase interests exceeds the transfer balance cap and you only have a death benefit income stream, you can commute the excess as a lump sum.

If you only have a death benefit income stream, you can reduce any excess by removing («commuting») it from the death benefit income stream as a lump sum.

However, the new fund must commence a death benefit income stream or pay the amount out of super as a lump sum (or a combination of these).

The personal financial data required may include annual income, current values of and annual additions to investment assets, anticipated retirement expenses, and expected values of future assets such as lump sum distributions from pensions or inheritances.