Sentences with phrase «as lump sum from»

Consumer credit counseling will instead receive $ 600 as a lump sum from the consumer and then pay each creditor individually while limiting interest and eliminating fees.

In addition to these restrictions, if the pension account contains unrestricted non-preserved benefits the member is able to choose to partially commute the TRIS to cash their unrestricted non-preserved benefits as a lump sum from their TRIS at any time.

Not exact matches

Btw the 10 year horizon is relevant to me as it is when I can take my 25 % lump sum from SIPP, so preferable taking it from bonds that have just been redeemed rather than selling down equities that may be in a bear market at the time.

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

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.

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.

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.

«As set forth above, Silver was not required to disclose disbursements from the HCRA - Assembly Pool because the fund was, during its existence, off - budget or budgeted as a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.&raquAs set forth above, Silver was not required to disclose disbursements from the HCRA - Assembly Pool because the fund was, during its existence, off - budget or budgeted as a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.&raquas a lump - sum appropriation whose ultimate beneficiaries were not required to be publicly disclosed.»

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 new GI Bill has a change from the current bill that anyone who has written a tuition check will appreciate: Like the WWII - era GI Bill, the new bill makes its tuition payments available as a lump sum for a semester, quarter, or term, which is how most institutions charge tuition.

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 school district's payroll office deducts union dues from each teacher's paycheck as a lump sum.

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;

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.

This has caused concern amongst larger publishers, firstly because publishers weren't notified that they were being included in the scheme, but also because as Steve says «Amazon plans to report revenue from this program to publishers as a lump sum leaving the publishers to allocate this revenue their authors.

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.

There are many more discounts available, ranging from bundling different policies together such as home and auto insurance or paying your premiums in one lump sum instead over monthly installments.

This is different from a standard payday loan, as these are generally required to be paid back at the end of the month in a lump sum.

Borrowers may choose how they wish to receive proceeds from a reverse mortgage: as a lump sum, in periodic payments, as a line of credit, or a combination of these options.

As mentioned in the previous paragraph, Dan would have done even better if he had made a lump - sum purchase in any of the five months from April through August.

As soon as you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum paymenAs soon as you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum paymenas you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum payment.

In the lump - sum scenario, the terminal investment could be made from January 2012 to April 2013 (that is because as of this writing, monthly data through April 2014 are not yet available).

Most realty agencies expect anything from 5 % to 10 % of the purchase price to be paid in a lump sum, which can mean as much as $ 25,000 has to be to hand when a property is found.

Your home is your largest asset, and you may choose borrow against it one or two ways: to secure a home equity loan in a lump sum or as a home equity line of credit (HELOC) to draw from as you need it.

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

Note: From 1 July 2017 partial commutation payments are treated as super lump sums for tax purposes and do not count towards minimum annual pension payment requirements.

You can receive a lump sum payment from your death benefit, on a discounted basis, if you are diagnosed with a specific critical injury, such as a coma, severe brain injury, severe burns and paralysis.

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.

A type of individual retirement account that you fund with a lump - sum distribution from your IRA, employer's retirement plan such as a 401 (k), when you change jobs or when you retire.

Also my plan is to pay past 4 months (JAN, FEB, MAR, APRIL) together as a lump sum (total 64k) when initiating SIP (SIP will be effective from May 2015 onward).

Instead of having that $ 100,000 lump sum falling from highs, such as we are currently experiencing, you are buying through the low.

From 1 July 2017, you will no longer be able to elect to treat your super income stream benefits (that is, the periodic payments you receive) as lump sums for tax purposes.

Critical Illness Benefit Rider which pays you a lump sum from $ 20,000 to $ 150,000 if you suffer from a qualifying major illness such as hearth attack, stroke or cancer.

• The following sources are not included in annual income but will be considered in determining the ability to repay the loan: − Income from minors − Food stamp allotment − Payments from foster care − Irregular cash gifts − Lump sum additions, such as capital gains, etc. − Medical reimbursements − Educational benefits − Hazardous duty pay for military person exposed to hostile fire Note: Not every situation can be thoroughly addressed and this sellers guide is not all - encompassing.

A withdrawal and re-contribution strategy involves withdrawing a lump sum from super and then re-contributing the money back as a tax - free non-concessional (after tax) contribution.

As well, any lump sum amounts that may come your way, like annual bonuses at work or a small inheritance from family and loved ones can also be targeted to earlier RRSP and TFSA contributions.

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.

-- From a preparation perspective, we'll continue to DCA but also look for bargain or buying opportunities to lump sum as well.

Most often, the life insurance proceeds from the death benefit are paid out as a single lump sum.

If the entire monetary award is taken as a lump sum and invested in stocks or bonds, then the income generated from those investments would be taxable.

A home equity line of credit (HELOC) is different from a home equity loan in that you withdraw money from your account as you need it, rather than taking out a loan in a lump sum.

The idea is that this fund should last as long as you live as your retirement income (increasing by 4 % each year for inflation) is simply taken from the income generated from your investment itself and not from your lump sum you have saved.

From 1 July 2017, individuals will no longer be able to elect to treat superannuation income stream benefits as a lump sum for tax purposes.

As a trustee, before you pay a lump sum benefit from a TRIS to a member, you need to check whether there are enough unrestricted non-preserved benefits to pay the lump sum to ensure there is no breach of the pension standards.

This means until the member has satisfied a condition of release with a «nil» cashing restriction, any unrestricted non-preserved benefits of theirs allocated to the TRIS (which would otherwise be fully accessible as a lump sum super benefit) are diminished by the annual pension payments from the TRIS.

So, if your goal target year is say 5th year from now, do plan your withdrawals carefully as the units allocated under ELSS funds (SIP / Lump sum) are locked for 3 year period.

From 1 July 2017, the lump sum election that currently allows a partial commutation to be treated as a lump sum will be removed.

You should take these as an opportunity to invest more in lump sum apart from your regular SIPs in order to take the due advantage of rupee — cost averaging.

Dear Subramanyam Ji, If you would like to accumulate Rs 50 Lakh in 5 years from now, assuming the rate of return as 10 %, you have to invest around Rs 8.2 Lakh per annum (or) Rs 31 Lakh lump sum investment.