Sentences with phrase «balance in the account for»

The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.
Interest is calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period.
Under this system, a periodic rate is applied to the average daily balance in the account for each day in the dividend period.
Many times, your financial institutions will penalize you if you do not keep the average minimum balance in your account for the entire month.
Pursuant to § 230.6 (b), however, if an institution uses the average daily balance method and calculates interest for a period other than the statement period, the annual percentage yield earned shall reflect the relationship between the amount of interest earned and the average daily balance in the account for that other period.
The annual percentage yield earned for periodic statements under § 230.6 (a) is an annualized rate that reflects the relationship between the amount of interest actually earned on the consumer's account during the statement period and the average daily balance in the account for the statement period.
This method applies a periodic rate to the average daily balance in the account for the period.
Customers not only pay for the overdraft fee itself, but also could end up paying additional fees for maintaining a zero balance in their account for a certain amount of time.
You need to keep the balance in the account for 90 days to earn the bonus and wait 120 days from account opening for the bonus to actually be awarded.

Not exact matches

You must be reloading it for the first time using the account to which you are currently logged in for the bonus to apply, and the amount reloaded to your gift card balance must be $ 100 or more.
So, ensure that you have enough balance in your account to run smoothly for at least a year.
«Europe has seen the strongest improvement among all regions in its outlook balance since 2011, when the region accounted for almost the entire global negative outlook bias — largely as a result of the eurozone crisis,» he said.
Of note, Ally Bank pays 1 percent on balances in savings accounts, which, Campbell says, «is as good as it gets for completely liquid assets these days.»
Balances in the accounts grow tax - deferred, and distributions for qualified disability expenses aren't taxed.
Even though the average American's 401 (k) balance rose 2 % since the first quarter of the year, the average account was still down 2.5 % for the three months ending in June compared to a year ago, according to a Fidelity analysis of 14.2 million people through the end of June.
It is the dominant contributor to our favorable trade balance, it is the largest private - sector investor in the national economy, and it accounts for about one - quarter of all tangible national wealth.
The average household debt in the U.S. is about $ 117,000, according to the findings, while the average savings account balance for those who are managing to save is $ 3,800.
This can be favorable for younger beneficiaries, as their RMD amounts will be lower, thereby allowing them to leave larger balances in the accounts to accrue tax - deferred earnings (or tax - free earnings if in Roth IRAs).
Smartphone maker BlackBerry once accounted for 20 % of Celestica's revenue (which was US$ 6.5 billion last year), but as BlackBerry lost market share in recent years and had to cut costs, it switched to cheaper Asian suppliers, and the two companies formally announced their split last summer; sure enough, Celestica's first - quarter results showed a BlackBerry - sized hole in the balance sheet, with revenues down 19 % from the year before.
Nonretirement accounts, Roth and traditional IRAs, SEP - IRAs, UGMA / UTMA accounts, and education savings accounts (ESAs) We charge a $ 20 annual account service fee for each Vanguard fund with a balance of less than $ 10,000 in an account.
We also expect SolarCity to immediately account for 40 % of the assets of the combined company on a historical cost basis, to contribute $ 1 + billion in revenue in 2017, and to add more than half a billion dollars in cash to Tesla's balance sheet over the next 3 years.
Student loans will relieve you from the burden of finances while you're in school, and taking responsibility now to account for your loan balances will reward you in the long - run.
And for taxable accounts with balances over $ 500,000, the robo - advisor offers «advanced indexing,» where it weights the stocks in a portfolio based on various factors, including low volatility and high dividend yield, to further power potential returns, all for the same advisory fee that applies to all accounts.
Correcting for this would result in significant downward adjustments over the balance of the year, especially in the end - of - year accounting period.
Money market accounts, or MMAs, are typically defined as deposit accounts that pay higher interest in exchange for larger deposits, heftier minimum balances and a few more restrictions than what would be typical for standard savings accounts.
Discover Bank charges a minimum balance fee of $ 10 if you don't have $ 2,500 in your account, but it waives the fee for the first three months you have the account.
Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).
Based in San Francisco, California and founded in 2005, Keeping Your Balance is a privately - held, cloud - based accounting firm that provides payroll and accounting solutions for clients.
It is common for borrowers to build up savings in the form of offset accounts, redraw balances or other assets.
Companies that have used these methods record DTLs on their balance sheets to account for the higher taxes they expect to pay in the future.
Definition: Money market accounts pay competitive interest rates (higher than savings accounts) in exchange for the use of your money.Advice: Money market accounts pay higher interest rates because they usually demand that you keep a higher balance.
However, in order for us to invest your money according to the investment strategy you've chosen, your account balance must be at least $ 10.
The money for all accounts with balances of less than $ 10 will be kept in short - term investments, with no advisory fee charged, until such time as your account balance reaches $ 10.
For this reason, I don't recommend you evaluate your nest egg in terms of account balance.
Because the restricted shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance sheets, the shares are excluded in the totals for common stock outstanding as of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to additional paid - in capital.
The account balances for employees represent their beneficial ownership in the company.
Launched in 2014, Chime offers accounts designed to make it easier for millennials to manage and save money, particularly for those who don't want to balance a checkbook or go to brick - and - mortar banks to do business.
For example, if you had $ 34,000 in your savings — the average savings account balance in 2013 — you could afford to finance a $ 170,000 home without purchasing mortgage insurance.
these past 2 paychecks I think ive only spent once or twice (shopping) and it was for necessities, groceries, personal items etc. im seeing how much Im having to transfer over and seeing how low my balance gets on that holding account makes me nervous, also I know that there is no «EXTRA» money in there to just swipe my card or get cash out with!!!
The accrual adjustments to date, especially for personal and corporate income tax revenues, are understated, which will result in significant downward adjustments over the balance of the year, especially in the end - of - year accounting period.
The accrual adjustments to date for personal and corporate income tax revenues, could be understated, which will result in significant downward adjustments over the balance of the year, especially in the end - of - year accounting period.
In the non-system of floating exchange rates not balancing cross external accounts, this global trade liberalization has opened vast opportunities for cost arbitrage at the expense of workers in higher cost developed countrieIn the non-system of floating exchange rates not balancing cross external accounts, this global trade liberalization has opened vast opportunities for cost arbitrage at the expense of workers in higher cost developed countriein higher cost developed countries.
In our opinion, the accompanying Consolidated Balance Sheets and the related Consolidated Statements of Operations, Comprehensive Income (Loss), Redeemable Convertible Preferred Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of AmericIn our opinion, the accompanying Consolidated Balance Sheets and the related Consolidated Statements of Operations, Comprehensive Income (Loss), Redeemable Convertible Preferred Stock and Stockholders» Equity (Deficit), and Cash Flows present fairly, in all material respects, the financial position of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of Americin all material respects, the financial position of Fitbit, Inc. and its subsidiaries at December 31, 2013 and December 31, 2014, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of Americin the period ended December 31, 2014 in conformity with accounting principles generally accepted in the United States of Americin conformity with accounting principles generally accepted in the United States of Americin the United States of America.
I don't think I can do T - accounts in the comment section, but try this: Accounting for a $ 100 productive investment: $ 100 credit to Cash on the Balance Sheet, and $ 100 debit to Investment on the Balance Sheet.
But after the Korean War broke out, U.S. overseas military spending accounted for the entire payments deficit during the 1950s and «60s and early «70s, while private - sector trade and investment were exactly in balance.
If the US were to run a positive current account balance with all of the other 9 largest economies in the world, the chance of the US running large, persistent current account deficits with the entire world would be tiny cuz that'd assume huge surpluses by countries that account for ~ 1 / 3rd of world GDP.
However, the full balance of all accounts is kept in the vault at all times, and your full holdings are completely accounted for at all times.
Enter your age and the amount you have saved in retirement accounts, and the tool not only provides spending recommendations for the current year but also estimates how much you can spend (and what your remaining account balance will be) each year to age 95.
In our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, redeemable non-controlling interest, redeemable convertible preferred stock and stockholder's deficit and cash flows present fairly, in all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of AmericIn our opinion, the accompanying consolidated balance sheets and the related consolidated statements of operations, redeemable non-controlling interest, redeemable convertible preferred stock and stockholder's deficit and cash flows present fairly, in all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of Americin all material respects, the financial position of Zipcar, Inc. and its subsidiaries (the «Company») at December 31, 2008 and 2009, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of Americin the period ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of Americin conformity with accounting principles generally accepted in the United States of Americin the United States of America.
The Company accounts for fuel derivative financial instruments at fair value and recognizes such instruments in the accompanying consolidated balance sheets in other current assets under prepaid expenses and other assets if the total net unsettled fair value balance is in a gain position, or other current liabilities if in a net loss position.
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