Sentences with phrase «benefit of the additional income»

Not exact matches

Research from Glassdoor shows that nearly 80 percent of workers prefer additional benefits over income increases.
You could keep working, which offers the quadruple advantages of continued income and additional opportunities to add to and grow retirement savings, while letting your Social Security benefit increase and potentially replacing a zero - or low - income year in your record.
Assuming that the tax deduction would offset any additional benefit costs, the income statement impact would be $ 432 million on Disney's annual earnings of over $ 6 billion.
There are numerous additional tax credits offered in the state of New York, many of which primarily benefit low income households.
(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.
In last month's Fall Economic Statement, the federal government promised to enhance the Working Income Tax Benefit (WITB) through additional annual funding of $ 500 Million starting in 2019.
The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.
Social Security Many people are surprised and perhaps a bit outraged to learn social security benefits may be taxable, but if you have any other additional income, there is a good chance some of your social security will be taxed.
Additional information about the tax treatment of benefit payments and / or disability payments may be found in the annual OPERS publication, Benefit Recipients» Income Tax Guide, which is published and mailed to benefit recipients each tax year in Jbenefit payments and / or disability payments may be found in the annual OPERS publication, Benefit Recipients» Income Tax Guide, which is published and mailed to benefit recipients each tax year in JBenefit Recipients» Income Tax Guide, which is published and mailed to benefit recipients each tax year in Jbenefit recipients each tax year in January.
MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.
test that exists only for self - employed people claiming early benefits (because the test for people who have reached Full Retirement Age is * only * their age, remember; they need undergo no additional tests, such as hours worked or income) is to work a * very few number * of hours.
A variable annuity with optional benefits for an additional charge that combines the growth potential of a wide range of investment options with benefits designed for guaranteed lifetime income † and the opportunity to leave a legacy.
Chefs and venues will be hosting events throughout the year, with proceeds benefiting the Jacobson family for mounting medical bills and additional expenses due to loss of income.
All of these things would appear to happen at once: * Start paying the new 40p rate on further earnings (reducing the value of the additional income) * Lose child benefit (the amount will differ according to the number of children, but could be # 2500 for 3 children), esp if there is no taper.
Vanderhoef has written down $ 2.5 million in additional expected income for the sale of two county properties and also said the county's nursing home will most likely be sold off to a public benefit corporation in 2013, further relieving the budget pressure in the county.
The Financial Times suggested that in order to find additional cuts of # 30 - 40bn, the incoming government might have to cut public sector pay by 5 per cent, freeze benefits for a year, means - test child benefit, abolish winter fuel payments, and cut free TV licences and bus passes.
That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.
It also assesses that the definition of «disability» used is too restrictive, and seeks reassurance that any new benefits introduced in Scotland would result in additional income for recipients.
The paltry payout of the Child Tax Credit to low - income families occurs despite the benefit being partially refundable under a provision of the law called the Additional Child Tax Credit.
Low - income pupils benefited even more, with their reading age improving by 5 additional months in the same amount of time.
There's a hybrid model promised which should answer questions on that score, but meanwhile company car drivers will be looking at a top - rate 37 per cent Benefit - in - Kind bracket and an associated annual tax bill that's knocking on the door of # 25k — assuming users are in the highest «additional rate» income tax band.
Emerging Writer Membership includes additional benefits, such as low - cost web services, while Full Membership — available once you have a contract offer from an established publisher or agent, or earn significant writing income — allows writers to take advantage of contract reviews and other legal services.
We've previously written about how partnerships can lower your publishing costs, but after having interviewed bestselling author Tom Morkes for our podcast, we knew that a blog post about book crowdfunding would be of benefit to first - time or veteran authors hoping to find additional income sources, too.
Although the VA determines the guidelines for those who are eligible for the VA Loan benefit, private lenders who finance the home purchases have an additional set of criteria a potential borrower must satisfy, including debt, income and credit requirements
Louis Barajas, a financial planner based in Santa Fe Springs, California, strongly touts the benefit of the Earned Income Credit to qualifying taxpayers, emphasizing that a credit, unlike a deduction, is «like additional income.&Income Credit to qualifying taxpayers, emphasizing that a credit, unlike a deduction, is «like additional income.&income
If you're looking for another reason to lower your taxes or just add some additional passive income, take advantage of the benefits of tax free bonds.
If you do not benefit from the full amount of the Child Tax Credit (because the credit is greater than the amount of income taxes you owe for the year), you may be eligible for the refundable Additional Child Tax Credit.
Using the Social Security Administration's MINT (Modeling Income in the Near Term) model, this paper calculates the marginal returns to work near retirement, as measured by the increase in benefits associated with an additional year of employment at the end of an individual's work life.
One of the key benefits of an FIA is the potential to provide additional interest crediting above and beyond a traditional interest - bearing product, such as a savings account.3 Income 150 + offers five interest crediting methods, and you can allocate your funds between one or multiple methods.
The Personal Income Benefit is an optional feature available to employees between the ages of 45 and 85 for an additional fee.
Conservatives: Increase parental leave to 18 months, allowing parents to take up to six months of additional unpaid leave; allow self - employed parents to earn money without impacting EI payments; offer choice between full parental leave EI payments for 35 weeks, or extend those payments, at a lesser rate, for up to a maximum of 61 weeks; women receiving EI maternity benefits will also be able to earn employment income under the Working While on Claim pilot project (this is currently permitted for those receiving EI parental benefits).
The impact of that factor in these cases in isolation is to reduce your annual CPP benefit when you do start it by about 2.5 % for each additional year of zero income, says Runchey.
If you're collecting Old Age Security, be aware that your additional interest income could raise your income to a level where a clawback of your benefits begins to kick in.
A variable annuity with optional benefits for an additional charge that combines the growth potential of a wide range of investment options with benefits designed for guaranteed lifetime income † and the opportunity to leave a legacy.
See Section 529 College Savings Plan Loophole for additional discussion of the treatment of qualified education benefits as assets and income.
The minimum benefit amount is the sum of the monthly income payments for the number of months in the selected protected period — excluding any additional prorated amount that is included in the first monthly payment.
MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.
MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.
In 2018, Social Security recipients will get their largest cost of living increase in benefits since 2012, but the additional income will likely be largely eaten up by higher Medicare Part B premiums.
There are several benefit riders that can be attached to your policy including; critical illness, disability waiver of premium, disability income, and / or additional persons coverage for a spouse or children.
I say «additional» because you'll already have such income in the form of your Social Security benefits.
Adoption of a uniform fiduciary standard will bring substantial practical benefits and additional investor protections for consumers of all incomes.
· an additional pension cost to the Condensed Group Income Statement of $ 0.4 m for the period ended 30 June 2012 and $ 0.7 m for the year ended 31 December 2012, due to the increase in the net interest cost, with a corresponding decrease in actuarial losses on defined benefit schemes recognised in the Condensed Group Statement of Comprehensive Income
«For single seniors who are receiving the top - up benefit, they would face an additional GIS transfer reduction of a dollar for every four dollars of new CPP income
The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (GLWB) rider is elected.
Any economic neophyte can see the benefit of increasing discretionary income of a large demographic; for instance, the additional income can be devoted elsewhere towards other industries which helps boost the economy overall.
As a result of this additional income, you might find that up to 85 % of your Social Security retirement benefit is also taxed.
For an additional cost, clients can add a living benefit option for guaranteed lifetime income without giving up control of their assets.
The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.
A single tax - deferred product comprised of two accounts with distinct features that help you address different goals - offering the ability to not only accumulate, but also through an optional living benefit rider available for an additional fee, protect your retirement income.
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