Sentences with phrase «balance as a lump sum»

Most let you prepay, each year, between 10 % and 20 % of your original mortgage balance as a lump sum.

Not exact matches

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 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 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 Balance Plan and as elected by the team member.

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.

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.

on death, the balance may be paid as a lump sum to a designated beneficiary, used to buy a further pension for a surviving spouse or may continue as a reversionary pension.

Most mortgages allow you to pay back a maximum of 20 % of the balance owing per year as a lump sum.

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.

Shall I do lump sum of 25000 each in these four fund (As market is going down these days) or 50000 each in one Mid cap and one Balance fund.

As opposed to credit cards, which allow a borrower to spend a little at time and gradually build up and pay down a balance, personal loans are typically loans where borrowers take out thousands of dollars and the funds are borrowed in one lump sum.

When you ask the creditors to let you pay a lump - sum instead of the full balance you owe on the debt, it is known as a «full and final settlement offer».

the member's account balance is no longer seen as supporting a TRIS and t any payments made during the year (not just the amount in excess of the limit) will be super lump sums for income tax purposes and lump sums for SIS Regulations purposes

If a member has a terminal medical condition and two medical professionals certify that the condition is likely to result in the member's death in the next 24 months, the balance of their super account may be paid as a tax - free lump sum benefit.

And, I am making lump sum (additional) investments only in Balanced fund, as of now (last few months).

Home equity loans are dispersed as a lump sum, which is ideal for consolidating credit card balance.

The advantage of a lump - sum distribution is that you can spend or invest the balance as you wish.

Debt settlement: Also referred to as debt negotiation, this is an agreement between a creditor and a debtor for a lump sum settlement of the debt for less than the balance owed.

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.

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.

One reduced lump sum payment will then be released from your account — and paid directly to the creditor — resulting in a «zero dollar balance» — reported as «settled in full» and sometimes removed from your credit report entirely.

And because life insurance is no longer just about lump sum payout — it's evolved to include such things as «living insurance» or monthly payouts — you need to strike the right balance between cover and affordability.

Commuting the maturity proceeds as a lump sum amount to the extent allowed under Income Tax act and balance amount to be utilised to purchase an immediate annuity from Future Generali India Life Insurance Co. Ltd. (FGILICL), which shall be guaranteed for life, at the then prevailing annuity rate.

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.

In case of your unfortunate death, your family can claim the death benefit either as a lump sum, or 50 % immediately and the balance in installments.

Take only a part of the maturity proceeds as a lump sum, with the balance as pre-selected periodic installments in yearly, half - yearly, or quarterly mode, over a maximum period of five years

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.

In case of death of the life insured, this plan pays 50 % of the death sum assured as a lump sum and the balance amount is then paid as equal monthly installments for a period till the nominated child attains 21 years.

o Death Benefit LumpSum + Increasing Monthly Income Option: In case of death of the life insured, this plan pays 50 % of the death sum assured as a lump sum and the balance amount is then paid as increasing monthly installments (@ 12 % per annum at the simple rate of interest) for a period of 10 years.

You can utilize the commutation benefit to receive one - third of the vesting benefit as a lump sum and the balance amount can then be utilized to purchase an immediate annuity.

4 — As you have fixed source of income, considering you age, looking at your current financial profile etc., I believe it is advisable to invest your lump sum investment in a mix of Balanced fund + MF MIP Growth plan for next say 5 years or so.

Death after first five policy years: Provided the policy is in full force, Basic Sum Assured along with accrued Guaranteed Addition, Vested simple Bonuses and final additional bonus, if any, shall be paid as lump sum or in the form of an annuity or partly in lump sum and balance in the form of an annuity to the nominee / legal heir at the then prevailing immediate annuity rates.