Sentences with phrase «borrowed against during»

Whole life builds equity (cash value) that can be used and borrowed against during the course of your life.

Also, the cash value can be borrowed against during the life of the policy to buy things, invest, etc..

Not exact matches

These policies are also unique in that they allow you to borrow, tax - free, against the policy's cash value during your lifetime.

A woman I work with borrowed against her 401k to buy a ski - in, ski - out condo for around $ 150k during the recession, which she now rents out on a daily basis for a crazy high return, as in her gross rents paid for the entire purchase price after 2 years of ownership, and she's now paid back her 401k loan.

Using your home itself as collateral, this secured financing usually touts lower interest rates than credit cards and acts as a revolving source of funds, so that you can borrow against your home and pay back the credit line as many times as you'd like during the draw period.

The result of this «borrowing against the future» when combined with the increased fertility of older women, many of whom were «making up» births postponed during the later years of the Depression or the war, was to inflate the fertility of the period in a somewhat distorted fashion.

During the specified term, the borrower may borrow against the HELOC on an as needed basis, much like a credit card.

There is a ton of debate about this, but borrowing against the equity of your home is an option that is available to you during retirement.

HELOCs have a draw period, during which you can borrow against your line of credit, following by a repayment period, when you must pay off the principle as a regularly amortizing loan.

Therefore, your interest deductions for a home equity line of credit depend on whether you borrow against the equity during that year.

You are also able to borrow against this plan for expenses during your lifetime.

You might be able to borrow against the cash value during your lifetime to help pay for retirement, education, emergencies, or other needs.

After being nearly shut down with the collapse of housing prices during the Great Recession, lenders are once again opening up their wallets and allowing people to borrow against the value of their homes.

During the conversation, the subject of a successful lawsuit against Luc Besson and sci - fi flick Lockout came up, along with the question of why that project was sued for plagiarizing Escape From New York, but no one ever went after Metal Gear Solid for borrowing a little from Snake Pliskin in the design of Iroquois «Solid Snake» Pliskin.

Topics covered include: export and import controls; direct and indirect taxation; borrowing against art; intellectual property rights; agency; consigning items; auctions; spoliation during Nazi era; lending to museums; cultural patrimony; anti-money laundering; endangered species; and consumer protection.

The flexibility inherent in the policy of this type also manifests itself in the provision according to which you can withdraw your cash value or borrow money against the policy's cash value during your lifetime.

It allows you to borrow against that cash value at any time during your life, tax - free.

In general, life insurance policies are purchased by you and maintained by you, and they usually build cash value that you can even borrow against at some point during your life.

A portion of your payments gets accumulated as cash value which can be used for retirement or can be borrowed against as a loan during the life of the policy.

These policies are also unique in that they allow you to borrow, tax - free, against the policy's cash value during your lifetime.

Furthermore, most whole life policies have financial tools built into them, providing the policy owner with tools that can be made use of during their lifetime, such as borrowing against the cash value of the policy.

During the life of the insured, the policy acts much like a tax - free savings and personal loan account, where the funds can be invested at the policyholder's discretion, or the current value of the policy borrowed against.