Sentences with phrase «benefit phases out»

Permanent policies like whole life insurance build cash value over your entire life out of the premiums you pay, but the death benefit phases out so that by the time you reach your golden years the policy will only pay out what you've paid in, plus some interest.

Not exact matches

This professional can help you determine how much you will need to pull out of a qualified retirement plan versus spending non-qualified assets, the timing of optimizing your Social Security benefits and annuity contracts, determining an appropriate asset spending rate and the transition from an accumulation phase to a distribution phase.

The HRC has determined that it will phase out as soon as practicable in 2009 the financial planning perquisite, as well as a similar benefit provided to legacy Wachovia senior

As surpluses reemerge, the Johnson plan would phase out income taxation of Social Security benefits — effectively increasing the size of benefits for many seniors.

Some plans, such as the Education Savings Bond Program (U.S. savings bond), phase out tax benefits through income - eligibility requirements.

For 2017 tax returns, the maximum benefit for the AOTC begins to phase out when modified adjusted gross incomes (MAGI) reaches $ 80,000 and is completed phased out at MAGI of $ 90,000.

Because the AOTC is refundable and phases out for higher income individuals, its benefits are spread relatively evenly across taxpayer income levels.

At that time, Fischer saw benefits to maintaining a larger balance sheet, remarking that when to ``... begin phasing out reinvestment will depend on how economic and financial conditions and the economic outlook evolve.»

J.W There are many deductions you can not take if you file married filling separate: Student loan interest deduction,Tax - free exclusion of US bond interest, Tax - free exclusion of Social Security Benefits, Credit for the Elderly and Disabled, Child and Dependent Care Credit, Earned Income Credit, Hope or Lifetime Learning Educational Credits, MFS taxpayers also have lower income phase - out ranges for the IRA deduction Also both claim the standard deduction or both itemize their deductions Big problem is tax liability goes to both husband and wife

They both have turned out great, the youngest, a boy, has the healthiest attitude toward women I have known, and all my children benefited from the «normalization» of the nursing phase of the mother - child relationship.

But on the basics of tax and spend, they have persistently made non-progressive choices - tax cuts that disproportionately benefit the rich; scrapping the Child Trust Fund; phasing out tuition fees.

Such a deal would be closer to the agency's standard «community benefit» tax exemption policy, except that the standard policy provides a full exemption for the first three years and phases it out of the next nine years.

«And the good thing is we get the benefits of the demonstration project... without having to endure the mistakes - because Phase one will be used to basically iron out any problems associated with the design of the program.

In order to reap the best benefits out of this tonic tea, it is recommended to follow a loading period of one week, drinking two cups after each meal (up to six a day), and to cut the dosage in half during the maintenance phase.

The multiplayer mode will eventually be phased out, but it still continues to benefit the publisher Take - Two's bottom line.

On the other hand, some closure advocates predicted that students would benefit during the phase - out process.

Most notably, the IBO only looked at students who remained enrolled in schools while they phased out, not those who benefited from being able to attend new small schools.

The SRC will increase teachers» payments to their health care and phase out benefits for retirees.

How does phasing that out benefit their bottom line?

Besides, the capital gain can cause some tax benefits to phase out under the regular tax, too.

For example, for a one income - earning family with one child under the age of six and one child over the age of five (but under age 18), benefits are phased out when net income exceeds approximately $ 189,000.

This supplemental benefit begins to be phased out once family net income exceeds $ 65,000.

Lowering AGI and taxable income is always good, but especially if the taxpayer is getting phased out of a tax benefit.

Many tax benefits generally phase out, usually as an individual's income increases.

This is your income from all taxable sources, minus certain adjustments, and is the key to determining your eligibility for certain tax benefits and the phase - out of your eligibility for others.

But because the income phase - out range for this deduction is higher than for the Lifetime Learning credit, some taxpayers whose income is too high to benefit from the Lifetime Learning credit will benefit from this write - off.

And notably, because deductions are applied against ordinary income first and capital gains second, someone with high total income due to capital gains could still be eligible for low tax rates on a partial Roth conversion (although this can still phase out the benefits of 0 % long - term capital gains tax rates), and / or have their deductions apply favorably to shelter further partial Roth conversions.

More importantly, from an estate tax perspective, the estate would very much want to avoid New York's burdensome estate tax and to benefit from the laws of California, which hasn't had a state estate tax for those domiciled there since Jan. 1, 2005, when it was phased out under the provisions of the Economic Growth and Tax Relief Reconciliation Act.

But because the income phase - out ranges for this deduction are higher than for the Lifetime Learning credit, some taxpayers whose income is too high to claim the Lifetime Learning credit will benefit from this write - off.

The first phase of the study endeavored to find out how classroom pets are being utilized throughout the United States and Canada and what the perceived benefits and challenges of keeping pets in today's classroom environment are.

AirWaves, which rolls out to its next testing phase across a group of 350 agents from August, will allow travel partners to benefit from full commission on the cost of the entire cruise holiday including flights, hotels and transfers.

As noted in the previous post, according to our source there is no sunset date for the current INK Plus benefits for existing cardholders, and it's likely to last for quite some time until it gets phased out.

i really like this two tiered model, every three years they introduce a new console while phasing out one and maintaining support for two avoids the hard stop / start of new console launches with the major benefit being a continual install base and customer choice.

LONDON, 27 September, 2017 — India and the United States would both benefit financially by phasing out coal - fired electricity production and investing in renewables.

Morris also suggests an additional target: Phase out implicit fossil fuel subsidies by imposing energy taxes that reflect external costs, which has benefits 8 times their costs.

When it turns out that this (Kyoto phase one) has large projected costs and trivial projected benefits, the proper reaction is to reject that plan.

While I agree that India should also phase out HFCs,... it should not be through a deal that only benefits American multinational companies.

This was critical to ensure that climate benefits are maximized during the HCFC phase out and to gain the support of developing countries to take on HFC management under the Montreal Protocol.

Two Auditors General in Ontario have noted that the government never did any cost - benefit study on its renewable energy program; moreover, wind power is produced out - of - phase with demand in Ontario, and is a significant portion of the surplus power the province is forced to sell off cheap.

However, since HFCs are also greenhouse gases, it's possible their increasing use could erase the benefit of phasing out ozone - depleting substances.

The accelerated HCFC phase - out adjustment was the first time that the parties to the Montreal Protocol explicitly strengthened the treaty to benefit climate, in addition to protecting the ozone layer.

Utilities in the south that miss out on 2016 — The Year of the Wind aren't just missing out on a great opportunity for their ratepayers, they risk losing billions of dollars in wind energy savings as the tax benefits begin to phase out in 2017.

Second, even the fastest possible phase - out of ALL coal use would have NO «debilitating effects on our economy», and would in fact have enormous economic BENEFITS — even apart from reducing carbon pollution.

A study done for Environment Canada presented to a UN meeting in 1997, estimated a total CFC phase - out cost of $ 235 billion through the year 2060, but economic benefits totaling $ 459 billion.

They'll stress why it is important to gradually phase out fossil fuels in favor of cleaner alternatives like wind and solar energy, emphasize the national security benefits of scaling back oil imports and underscore the reality that America's own oil and natural gas resources will eventually run out.

The idea was to stand the industry up, get it benefiting from economies of scale, get costs down, & then phase out supports & let it stand on its own.

It's not that IRAC, synthesis, case illustration, or application are bad terms: legal writing professors have had great success using these and other labels for parts of analysis and should continue to do so.208 Rather, it's the additional benefit of reinforcing the concepts of logical thought in various contexts that will strengthen those skills across the board.209 Accordingly, during the writing - instruction phase of a typical first - year legal - writing course, professors should take every opportunity to point out deductive and inductive analysis wherever it can be found.

The broker has increased its 2011 cost savings estimate by around 20 percent as it expects Reed Elsevier to benefit from the gradual phasing out of print academic journals over the next three years and further efficiency gains.

It was phased out as from 1 April 2007, with pay protection being granted to the 86 employees already receiving benefits under it.

The LSC has published an evaluation of CDS Direct (first phase expansion), announcing it to be a success despite not being able to confirm that the scheme is on target to deliver the promised financial benefits, and no peer review having yet been carried out.