Sentences with phrase «contributes to the family income»

You are earning income which also contributes to the family income.
Which also means that you may not be able to contribute to the family income.
If you are looking to buy a term plan at the age of 55, it is possible that one of your children has started working and is contributing to the family income.
McMillan also made sacrifices, always holding a job while in school to contribute to the family income.

Not exact matches

A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means - tested benefits such as Medicaid and Security Supplemental Income (SSI).
«With substantial disposable incomes and often limited family responsibilities, these financially well - off young adults have contributed to new demand for luxury apartments and urban services such as restaurants and bars.»
Thus, financial support from family tends to reinforce existing class structure and contributes to income inequality.
Workers just beginning their careers, workers in professions with a high upside income potential, and individuals expecting a large windfall, such as a family trust or inheritance, can greatly benefit from contributing after - tax dollars to a Roth IRA or Roth 401 (k).
A recent study by the Catholics in Alliance for the Common Good finds that social and economic supports such as benefits for pregnant women and mothers and economic assistance to low - income families have contributed significantly to reducing the number of abortions in the United States over the past twenty years.
To be sure, the low - income family was not eroded by state welfare policies alone: changing social mores, particular those from the sexual revolution, have contributed to the poor's marital crisis in a profound waTo be sure, the low - income family was not eroded by state welfare policies alone: changing social mores, particular those from the sexual revolution, have contributed to the poor's marital crisis in a profound wato the poor's marital crisis in a profound way.
However, by the end of the project this focus had turned to horticultural production which began to contribute up to 77 percent of the family income.
More mothers are going back to paid work, many more homes are dual - income households, and the increase in lone - parent families, rising divorce rates, the introduction of flexible working hours and greater awareness of fathers» rights brought about by the high - profile stunts of groups such as Fathers4Justice have contributed to a tectonic shift in attitudes towards family responsibilities.
Also, in certain cases perhaps the earning potential of the mother is maintained because she takes courses to add to her education, develops a small cottage business or works from home - all would contribute to either the family income or her «resume» for when she re-enters the work force.
One way I contribute to the budget of our one income family is by breastfeeding!
According to a study published in Pediatrics in 2013 (and conducted in 2010), diaper need contributes to parental stress, particularly among low - income families.
This also assumes that women (the majority of those using this law are mothers and THIS is the demeaning part) can not possibly be the primary breadwinner or contribute that much to the family income because the law assumes that your family has no need for a quarter of your salary.
Even for those who don't look for money - making opportunities, they're still contributing to their family's income in a unique way.
«The new scholarship may contribute to a modest increase in overall enrollment, but we believe it is more likely these funds will supplant tuition dollars already paid by students from middle - income families,» said Moody's Associate Managing Director Susan Fitzgerald.
I was really worried about losing both my financial independence and the pride that I took in contributing meaningfully to our family income.
• Two recently published studies (by Addo, Houle, and Simon and Grinstein - Weiss et al.) use national survey data to show that black students hold substantially more debt by age 25 compared to their white counterparts, and that disparities are evident even after controlling for family income and wealth, indicating that differences in postsecondary and labor market experiences contribute to the debt gap.
A common form of tax credit allows businesses or individuals to contribute to organizations that distribute private - school scholarships to low - income families.
Less is known about variation in vocabulary growth among children from low - income families, or what factors contribute to that variation.
Maybe he wants to consider how faith - based urban schools contribute to social capital or how choice empowers low - income families.
A central part of the plan to push back the decline of Catholic education is to treat the city's successful charter school sector as a model, rather than a competitor, although charter schools have been contributing to the Catholic sector's population drain by attracting low - income families who choose a free charter over a tuition - based parochial school.
But for students attending four - year institutions, including students from low - income families, the private, non-profit sector plays an important role and may be in a position to contribute even more to the nation's educational attainment and economic mobility.
Most common is a tax - credit program that allows businesses or individuals to contribute to organizations that distribute private - school scholarships to low - income families.
Alabama The Tax Credits for Contributing to Scholarship Granting Organizations program, enacted in 2013, provides scholarships for students who live in districts with failing schools and whose family income can not exceed 150 percent of the median household income in Alabama.
Support for a tax credit for businesses and individuals who contribute to private - school scholarships for low - income families has also fallen, to 55 % from 60 % in 2014.
While many factors contribute to this problem, it is a reality in American public education that students who have fallen behind are disproportionately in families with low incomes and disproportionately members of communities that have been on the wrong side of inequities and injustice in our society, including people of color, recent immigrants, and members of the LGBTQ community.
EdChoice Kentucky is a coalition focused on educating Kentucky on scholarship tax credit programs, which allow individuals or businesses to receive a tax credit from state taxes when they contribute to qualified non-profit organizations providing tuition assistance for low - and middle - income families and families with developmentally disabled children.
The factors that contribute to learning and school success, from the early years on are family, parenting, neighborhood, income, good teaching, extracurricular and community activities, and especially positive role models.
Retrieved February, 2016, from http://www.theatlantic.com/business/archive/2015/03/the-city-that-believed-in-desegregation/388532/ Using a formula that takes into account household income, family composition, educational attainment of parents, and other factors, Jefferson County has managed to create one of the more racially diverse systems in the country, and its approach to diversity is widely credited with contributing to a thriving local economy.
Getting her degree will probably allow her to contribute more income to her family.
• If you're a low - income family, the government still offers you another way to contribute to your child's RESP.
Single - income families can still take advantage of the maximum, as long as the employed spouse contributes to both her own RRSP as well as a spousal RRSP, and she makes the contributions to the spousal RRSP at least two years before withdrawing that money.
10 percent family member pledge — This program allows a family member to contribute 10 percent of the original unpaid principal balance on a 100 percent LTV loan, provided that the borrower's income is less than or equal to 100 percent of the area median income, and the borrower contributes at least 3 percent to down payment and closing costs.
If Marc contributes $ 5,000 to his RRSP, their Family Tax Cut goes down because the income availablefor splitting decreases, explains Jacks.
But if Deborah contributes the $ 5,000 to her RRSP, the Family Tax Cut goes up because the income available for splitting increases.
Typically life insurance is used as income replacement to protect growing families by leaving behind money to pay a mortgage, college tuition, bills, etc. but he hasn't contributed in regards to any of this.
RDSP contributions qualify for a Canada Disability Savings Grant (CDSG) at matching rates of 100 %, 200 % or 300 %, depending on family net income and the amount contributed, subject to a lifetime limit of $ 70,000.
Only families that are below a certain income level qualify to contribute to a Coverdell ESA.
You're wasting money if you buy more insurance than you need, so think about how much you contribute, after taxes, to your family's income.
Thus, families with only one individual filing an income tax return less than $ 95,000 / year are allowed to contribute $ 2,000 / year per child.
Designed to help lower to middle - income Colorado families save money for higher education, this program can provide eligible account owners with matching funds — up to $ 400 each year for up to five years — when they open and contribute to a CollegeInvest 529 College Savings Account.
The amount the family is expected to contribute is calculated by a standardized formula that takes into account the family's financial resources (income and assets), family size, and basic living expenses.
Like HUD's Graduated Payment Mortgage Insurance (Section 245), Particularly helping young families, Section 245 (a) contributes to these goals by helping first - time buyers and others with limited incomes who expect their income to rise but may not yet be able to handle all of the upfront costs and monthly costs involved in home buying — to tailor their mortgage payments to their expanding incomes and to buy a home sooner than they could with regular financing.
We were a one - income family for many years, so Cheryl and I never contributed to RESPs for the kids, but that hasn't much mattered.
For the seven years that Macfarlane's family lived off one income, he didn't contribute a dime to his RRSP.
You're only contributing about 7 % of your family income to RRSPs currently, including your employer matching contributions.
We're talking about $ 375 for a family of four making the national median income of $ 53,891 a year and contributing $ 2,500 to a traditional retirement plan.
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