Sentences with phrase «cash in a lump sum»

Many seniors take out reverse mortgages as open credit lines, instead of taking cash in a lump sum or payments, because when you set up a reverse mortgage this way, the amount you can borrow increases each year.

On the other hand, closing costs require the buyer to come up with cash in a lump sum.

After payments begin, recipients have the option to sell all or a portion of their structured settlement payments to a third - party funder, such as a structured settlement / factoring company, in order to access cash in a lump sum.

In other words, if you need to set up a special needs trust for your personal injury settlement, you will not receive the cash in a lump sum.

Not exact matches

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through theIn some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through thein which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

You give an insurance company money in a lump sum or in payments over a period of years, then at retirement, the cash gets «annuitized,» or paid out in a string of payments based on your life expectancy.

The lump sum was invested immediately, while cash was deposited every month for a year in the DCA scenario.

Rather, to avoid paying the large lump sum in cash, it's common to refinance into a different mortgage or sell the house.

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 member.

In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.

Another method is to let the dividends accumulate in cash and reinvest them in a lump sum into an investment of your choosing.

That eases your cash flow issues, and you end up with a $ 15,000 lump sum in cash.

According to the Boston College study, in 2010, 45 percent of workers who took a lump sum distribution from their 401 (k) when switching jobs did not roll over the money to an IRA, simply cashing out the account and paying taxes on the distribution.

Contributing to your RRSP throughout the year rather than with a lump - sum purchase the last week of February has many benefits: automatic savings helps with cash flow management and it's less painful than having to find money for your contribution in February.

Another example would be a young widow with small children receiving a lump - sum settlement from her husband's life insurance policy and can not risk losing the principal; although growth would be nice, the need for cash in hand for living expenses is of primary importance.

I'm talking about real income in your pocket... lump sums of actual cash you can use for whatever you like.

For example, Guidant CEO David Nilssen recommends providing incentives to customers to pay in lump sums rather than installments because having enough cash on hand essential in the first few years.

Yes we owe the banks around 230 million it's a long term loan we pay back around 25 million a year, this season 2014/15 we ar going to turn ower around 330 + million And our outgoing is going to be around 220 million or less, this season and the next 5 seasons we will be malikng around 110 million profit a year, we had 170million in the bank in April which was confirmed by the club we have spent some money on players 70 + million leaves you with 100 million in the bank then in June we recived 3 new sponsership deal worth around 130 million (wether or not it was paid lump sump or spread across the season to lower profit margin that I haven't looked at) all in all we can spend ready cash ower 200 milion if we realy want we can spend double and more of that sum and we still be within the FFP rules becouse they look at accounts 3 years acumalation

AS Roma have set aside a lump sum of cash to reinforce their squad in the January transfer window according to...

He floated the idea of going back to line - item grants in the budget that are directed by individual legislators, rather than a lump sum of cash allocated to the rank - and - file by the legislative leaders.

The Association of British Insurers (ABI) has responded to the Treasury's announcement that pensioners will be able to cash in their annuities for a lump sum payment from April 2017.

In addition to a $ 7.5 million settlement dubbed a «lump sum» but payable over seven years, Silda also gets $ 240,000 a year in maintenance for the rest of her life — with all the cash coming after Eliot pays the taxeIn addition to a $ 7.5 million settlement dubbed a «lump sum» but payable over seven years, Silda also gets $ 240,000 a year in maintenance for the rest of her life — with all the cash coming after Eliot pays the taxein maintenance for the rest of her life — with all the cash coming after Eliot pays the taxes.

In a report released Wednesday, DiNapoli recommended eliminating discretionary lump - sum appropriations, restricting «backdoor spending» by public authorities, and requiring deposits into the state's rainy - day fund when the state has a cash surplus, among other things.

Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).

In the event that an item needs replacing quickly, such as a server, schools can do so with a relatively minor monthly adjustment to the budget, instead of a lump sum that could seriously affect cash flow.

The issuing company pays the cash value to the owner in a lump sum while the person is still alive.

The lump sum from the cash - out mortgage can be applied to credit card balances, pay off auto notes, put a dent in student loans, and similar debts.

When you and the seller agree to a price, you will need to make a down payment — the lump sum in cash that you can afford to pay at the time of purchase.

But here's the thing: If I had a lump sum to invest, that means I would be artifically high in cash and low in stocks, by definition.

Most taxing authorities, even Uncle Sam, want their money up front, but will accept payments if you can't pony up the cash in one lump sum.

If you have the cash, many lenders allow you to pay your PMI in a lump sum at your closing on your new mortgage loan.

If you have excess cash and can pay it off in a lump sum, it can be tempting to do so.

With a loan, you get a lump sum of cash from the lender that you can park in your bank account.

Cash payouts can be received in a lump sum, as a line of credit, or in installments for as long as the borrower lives in the house.

If Gabriel wants to pay down the mortgage on their principal residence quicker, he could make an annual lump sum prepayment of $ 85,000 for each of 2015 and 2016, leaving the remaining $ 23,500 in an emergency cash fund.

A cash - out refinance enables you to pay off your existing mortgage (s) and also to take out some of your home equity in a lump - sum cash payment at closing.

They offer short - term cash advances in exchange for access to the borrower's deposit account via post-dated check or electronic transfer authorization, and often require a lump - sum repayment, rather than installments.

Instead, some of the equity in your home is first used to pay off any existing mortgages, and the remaining loan amount is converted to non-taxed cash that you may receive in a lump sum, a monthly disbursement, or a line of credit.

1) Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

Personal loans are a good way to access a lump sum of cash if you have a large expense to cover right now, but may ultimately cost more in the long run.

This new home loan pays off your current mortgage balance and lets you access the equity in your home in the form of a lump - sum cash payment at closing.

At the end of the accumulation period, you can receive the principal and any earnings in one lump sum when the contract is surrendered (i.e., cashed in), or you may be able to exchange the deferred annuity for an immediate annuity.

A home equity loan, though, provides you with a single lump sum of cash, again based on the amount of equity in your residence.

An immediate annuity is a contract between you and an annuity issuer (an insurance company) to which you pay a single lump sum of cash in exchange for the issuer's promise to make payments to you (or the annuitant) for a fixed period of time or for the life of the annuitant.

Borrowers can choose to take their cash up front in a lump sum, or opt for monthly payments or a line of credit.

In exchange for your policy and this agreement, you will receive a cash lump sum.

When an individual wants to cash out of an annuity, he or she can withdraw a lump sum or withdraw in the form of payments for a specific period of time, providing a steady and reliable income stream.»

Single premium PMI means you pay the mortgage insurance premium upfront in a lump sum, either in cash or by financing it into your loan amount.

Winning a lottery jackpot means facing a big financial decision — do you take the annuity payout over decades or the lump sum in cash right now?

There are two primary ways that a retiree can receive pension benefits, including accepting ongoing payments through an annuity - style distribution for life, or receiving the cash in one lump sum payment.