Sentences with phrase «available as a lump sum»

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.

«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.

This strategy works best if you have the money available as a lump sum.

A significant part of the policy benefits will not be available as a lump sum, but has to be taken as annuity.

Not exact matches

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

It also offers a more flexible pricing model than before, with various options available to customers such as incentivised, gainshare, hourly / daily rates, and lump sum, enabling customers to tailor their contracts to meet their needs.

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.

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).

Also, reverse mortgages were once available only as lump sums.

When purchasing investments every pay, you are effectively investing as soon as the money is available to you, which is technically lump sum investing.

A HELOC is a line of credit that is available to use as you need it, whereas a home equity loan is one lump sum that you pay back over time.

When a sufficient amount is available to offer, as a one - time lump sum payment to one of their creditors, negotiations start.

The tax - free income generated from the equity in the form of a loan is then available to the senior as a lump sum, fixed monthly payments, a line of credit, or a combination of these payment options.

You're also limited to borrowing no more than 60 percent of your available equity during the first year of the reverse mortgage, either as a lump sum or spread out into multiple payments.

An annuity is just one of the available TSP withdrawal elections — payments also may be made as lump sums or in monthly amounts or the types may be combined.

Also, you can only receive a lump - sum payment from a proprietary reverse mortgage, as opposed to several payment options available with HECMs.

A pro rata deduction is available when only part of the death benefit is paid to an eligible dependant or only part is paid as a lump sum.

The loan doesn't come in one lump sum, but rather becomes an available balance for you to draw from and pay back as you like.

The next, and entirely novel, claim by the trustee was that if the consent order should be set aside (as above), the mutual clean breaks fell away and H's claims under MCA 2005 for (inter alia) a lump sum therefore remained in existence and available to be pursued by the trustee.

Most life insurance policies pay out the death benefit as a lump sum — although there are other options typically available for receipt of the policy proceeds.

A lump sum premium is required to be paid to the insurance provider and as per that premium; a set amount is available to the policyholder.

You may take up to 1 / 3rd * of vesting benefit as a lump sum and purchase an immediate annuity from us with the balance amount at the then prevailing annuity rates under any immediate annuity plan available on sale then.

However, one can opt for this model only if they have the requisite funds available to make a lump sum investment as a single premium policy demands.

Death Benefit: Lump sum, monthly income, double sum assured are variations available as death benefit in this plan.

Available for ages 0 - 60, your level term life insurance policy will pay out a lump sum to you if you are diagnosed with a serious illness such as:

Settlement Option is available at maturity and it provides you the flexibility to receive the maturity benefits either 50 % as lump sum and balance 50 % as periodic installments or whole amount through periodic installments.

This lump sum amount is the highest of 125 % of annualized premiums paid (as on the date of death), 10 times of annualized premium, or Lumpsum amount available at maturity.