Sentences with phrase «earning spouse with»

The orders can assist the lower earning spouse with financial help in several ways, including mortgage payments, attorney's fees, and interim child support.

A Hawaii court might order temporary support after a divorce is final for one of two basic reasons: to assist a lower - earning spouse with the adjustment to a less expensive lifestyle, or to assist a spouse who needs time and financial assistance to complete education or training before becoming appropriately employed.

Not exact matches

«With every standard - deviation increase in a spouse's conscientiousness, an employee is likely to earn about $ 4,000 more a year,» reported the Harvard Business Review.

The bulk of these breadwinner moms — 8.3 million — are either unmarried or are married and living apart from their spouse.19 The remaining 4.9 million, who are married and living with their spouse, earn more than their husbands.

Prof. Wolfson and co-author Scott Legree of the University of Waterloo have now completed a new report, called Private Companies, Professionals and Income Splitting, to consider how much income is flowing from CCPCs to spouses or adult children who are living at the same address as the company owner, which could indicate a tax - reduction strategy by splitting income with lower - earning family members.

Some of Canada's highest - earning professionals have been reaping large tax gains for decades by splitting income with their spouses using private corporations, but the practice has fallen into a «dark corner» of tax rules and has received little government scrutiny, according to a new academic study.

If you (or your spouse) are a non-citizen with an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number (SSN), you will not be able to claim the Earned Income Tax Credit.

The IRA is good for nearly everyone with an earned income, or a nonworking spouse.

The rules define an «Accredited Investor» as anyone who earned income that exceeded $ 200,000 (or $ 300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, or has a net worth over $ 1 million, either alone or together with a spouse (excluding the value of the person's primary residence).

Most deals today are only available to accredited investors, generally meaning that you must earn over $ 200,000 per year (or $ 300,000 jointly with your spouse) or have over $ 1M in net worth (excluding your house).

Some Christians continue to characterize fathers who share parenting responsibilities or stay at home with their children as «man fails» and «worse than unbelievers,» instructing women to intentionally avoid earning more money than their husbands, even if it is less practical for their family to do so, or else they will injure their spouse's ego.

In more agrarian cultures, for example, women must be skilled in a variety of occupations and may share manual labor and earning power with their spouses.

An active volunteer, Candace has earned awards for her work with military spouses (during her husband's deployment to Iraq), at - risk youth, and the local historical society.

Similarly, working mothers with a college education are more likely than those who have not finished college to say that they out - earn their spouse or partner (23 % vs. 8 %).

Quitting is alot easier for those earning six figures especially with a spouse.

Any Ultimate Rewards points you do earn will be combinable with other Chase cards you already own, as well as with those of a partner or spouse.

Perhaps you have fallen behind on your monthly bills and need to send in some payments right away, or maybe you have a need to purchase new furniture for your home, pay for education for yourself or your kids, or even take a hard - earned vacation with your spouse and family - whatever purpose you might find for a bad credit personal loan, there are lenders out there to help you.

can i take online term joint insurance with no earning housewife as spouse?

For instance, if you get an annual $ 70,000 pension and your spouse has no income, you could split up to half of your pension with your husband or wife, and fill out your tax returns as if you each earned $ 35,000 a year.

To give you an idea of how much money can be saved, consider a couple where the lower earning spouse earns $ 15,000 and the higher income spouse earns $ 85,000 (with eligible registered pension income, CPP and OAS).

This can be useful if you are already interested in adding another trusted user, like a spouse or other family member, whose purchases with the card will earn points under the same terms as your own.

The only exception is a spouse who is married to someone with a job, who would then be eligible for the so - called â $ œspousal IRA.â $ This also means that a kid who is earning money can contribute to an IRA (though it's a bit more complicated, since it might take more work to document something like babysitting income).

And forgive me for mentioning this, but your own death may cause your retirement account to be taxed at a higher rate, whether you leave it to a surviving spouse who has to file single or to beneficiaries in a younger generation who may be faced with required minimum distributions during their peak earning years.

Spouses with earned income of at least $ 11,000 can contribute $ 5,500 to their own IRA and another $ 5,500 to their spouse's IRA account.

earned income that exceeded $ 200,000 (or $ 300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR

Compare your claimed expenses with your earned income and, if you're married, your spouse's earned income.

In 2014, the Conservatives introduced this credit, which allows families with children under the age of 18 to shift $ 50,000 of income from a higher - earning spouse to a lower - earning spouse for total tax savings of up to $ 2,000 per couple.

GIS is currently available to Canadians earning less than $ 17,784 per year, and for couples with joint incomes under $ 23,520 (if your spouse / common - law partner receives the full Old Age Security pension).

The break - even point in respect of family net income, when comparing the amount of benefits received under the existing programs with the new program, will depend on the number and age of the children, the amount that each spouse earns and the province of residence.

With income splitting, the higher - earning spouse has less tax taken off at the top marginal rate, and more of the income for the couple as a whole is taxed at lower rates, resulting in an annual saving of $ 8,600 in income tax.

If one spouse notifies the government of the split, the CPP credits earned by both spouses during the marriage are added together and divided 50 = 50: extra credits from the higher income earner are shared with the ex-spouse.

If you and your spouse can do that for 10 years while earning average salaries or better, that should provide enough for a typical middle - class retirement in itself, even if you've reached the start of your 50s with nothing in the bank.

As expected, the plan unveiled by Prime Minister Stephen Harper and Finance Minister Joe Oliver in Vaughan, Ont., allows families with children under the age of 18 to transfer as much as $ 50,000 worth of income from the higher - earning spouse to the lower - earning spouse for tax purposes starting in this year.

You can receive full deduction on your 2016 tax return if you're filing single and earn $ 65,000 or less, or if you're married and file jointly with your spouse and your combined income is $ 135,000 or less.

«With that same spend, some mileage - earning checking accounts and a few more credit card applications between your spouse or travel partner and you...»

With that same spend, some mileage - earning checking accounts and a few more credit card applications between your spouse or travel partner and you, you could earn 1 million miles and points without flying.

An Ontarian earning $ 80K with a stay - at - home spouse is almost certainly better off contributing to a RRSP.

If your spouse is a full - time student (for at least part of 5 calendar months), or disabled and unable to care for him / herself (and lived with you more than 1/2 the year), then there is no spousal earned income requirement.

Has earned income in excess of $ 200,000 for the past two years individually, or $ 300,000 with a spouse, with the expectation of earning the same this year.

Interest earned on EE bonds with January 1, 1990, and later issue dates may qualify for exclusion from income for Federal income tax purposes if the owner pays his or her tuition and required fees or those of his or her spouse or legally dependent children at colleges, universities, and qualified technical schools during the year eligible bonds are redeemed.

For the 2017 and 2018 tax years, an individual with earned income (from wages or self - employment) can contribute up to $ 5,500 to his or her own IRA and up to $ 5,500 more to a spouse's IRA — regardless of whether the spouse works or not — as long as the couple's combined earned income exceeds both contributions and they file a joint tax return.

If you're relying on pooling points with a spouse or family member, it's critical that you understand what those transfer policies are before you begin earning those much - needed points.

BMO AIR MILES World Elite Mastercard members have the ability to enroll their spouse, or one family member or friend, to their account, with an additional card at no cost, allowing them to earn AIR MILES that much faster.

Assuming you're plowing spend onto that, between you and your spouse you can earn 120,000 Starwood points with $ 18,000 in spend.

The document would protect one spouse from being compelled to part with their hard - earned money in either scenario.

Let's say Spouse A has requested and demonstrated a need for attorney's fees during a divorce from Spouse B. Spouse B is a licensed psychologist with an earning capacity of $ 100,000.

Courts also consider factors including whether the student loans were used for expenses that benefited both spouses (for example, living expenses), whether the degree financed with student loans is marital property according to the state's laws, and whether both spouses benefit from the earning capacity conferred by the degree.

The receiving spouse also benefits from lump sum spousal support because he / she can take that money and invest it somewhere or buy a property with it and earn interest on it rather than having to wait each month to get paid or be dependent on his / her ex-spouse.

Under the Pennsylvania support guidelines there is a calculation by which the cost of health insurance coverage is allocated between the parents or spouses in accordance with their net monthly incomes (or earning capacity if applicable).

I once encountered a prenuptial agreement that allowed one spouse to fund certain retirement accounts from marital earning with those accounts remaining non marital.