Sentences with phrase «deductions of a fixed dollar amount»
Pre-Authorized Chequing Plan (PAC): A program that permits purchases of units through automatic periodic deductions of a fixed dollar amount from your bank account.
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Such payroll deductions may be expressed as either a whole number percentage or a fixed dollar amount, and the accumulated deductions will be applied to the purchase of shares on each semi-annual purchase date.
Standard deductions are at a fixed dollar amount that help reduce the amount of taxes you'll pay.