Sentences with phrase «equal payment plan»

Early Payout Planner shows how to structure a Substantially Equal Payment Plan according to the IRS Revenue Code 72t / q so that your client can make withdrawals from their tax - deferred 401 (k) or IRA without being hit with the 10 % penalty.

You can touch the traditional 401k accounts with a SEPP (substantially equal payment plan), and not pay the 10 percent penalty.

Any unpaid portion not received by the due date will no longer form part of the equal payments plan and interest will accrue on that amount from the day after.

Not exact matches

Under term - based plans, the payment is determined by the repayment term length (the plans are either equal payments or start lower and increase as time goes by).

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

In addition, in connection with the termination of the 2014 Plan upon a sale event, we may make or provide for a cash payment to participants holding vested and exercisable options and stock appreciation rights equal to the difference between the per share cash consideration payable to stockholders in the sale event and the exercise price of the options or stock appreciation rights.

NOTE: Payments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count towaPayments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward PPlan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward Pplan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count towapayments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward Pplan also count toward PSLF.

ICR plans are more restrictive than newer income - driven plans like PAYE and REPAYE, requiring monthly payments equal to either 20 percent of discretionary income, or what the borrower would pay on a 12 - year fixed repayment plan, whichever is less.

0 % transaction fee applies only when you use the fortune3 credit card services with an approved discount rate equal to or higher than 2.9 % If you are using an external payment processor, all plans excluding the Unlimited Plan include a 1 % transaction fee.

Under IDR plans like PAYE and REPAYE, your monthly payment is equal to 10 percent of your monthly discretionary income.

Instead of making equal payments every month for 10 years, 31 percent of borrowers are now in plans that set payments at an affordable share of their incomes and forgive remaining balances after 20 or 25 years.

(e) The board shall establish the information needed in an application for the approval of a charter school; provided that the application shall include, but not be limited to, a description of: (i) the mission, purpose, innovation and specialized focus of the proposed charter school; (ii) the innovative methods to be used in the charter school and how they differ from the district or districts from which the charter school is expected to enroll students; (iii) the organization of the school by ages of students or grades to be taught, an estimate of the total enrollment of the school and the district or districts from which the school will enroll students; (iv) the method for admission to the charter school; (v) the educational program, instructional methodology and services to be offered to students, including research on how the proposed program may improve the academic performance of the subgroups listed in the recruitment and retention plan; (vi) the school's capacity to address the particular needs of limited English - proficient students, if applicable, to learn English and learn content matter, including the employment of staff that meets the criteria established by the department; (vii) how the school shall involve parents as partners in the education of their children; (viii) the school governance and bylaws; (ix) a proposed arrangement or contract with an organization that shall manage or operate the school, including any proposed or agreed upon payments to such organization; (x) the financial plan for the operation of the school; (xi) the provision of school facilities and pupil transportation; (xii) the number and qualifications of teachers and administrators to be employed; (xiii) procedures for evaluation and professional development for teachers and administrators; (xiv) a statement of equal educational opportunity which shall state that charter schools shall be open to all students, on a space available basis, and shall not discriminate on the basis of race, color, national origin, creed, sex, gender identity, ethnicity, sexual orientation, mental or physical disability, age, ancestry, athletic performance, special need, proficiency in the English language or academic achievement; (xv) a student recruitment and retention plan, including deliberate, specific strategies the school will use to ensure the provision of equal educational opportunity as stated in clause (xiv) and to attract, enroll and retain a student population that, when compared to students in similar grades in schools from which the charter school is expected to enroll students, contains a comparable academic and demographic profile; and (xvi) plans for disseminating successes and innovations of the charter school to other non-charter public schools.

(a) From each State's allotment under this part for any fiscal year (including any additional payment to it under section 110 (b)-RRB-, the Secretary shall pay to such State an amount equal to the Federal share of the * cost of vocational REHABILITATION services under the plan for such State approved under section 101, including expenditures for the administration of the State plan, except that the total of such payments to such State for such fiscal year may not exceed its allotment under subsection (a)(and its additional payment under subsection (b), if any) of section 110 for such year and such payments shall not be made in an amount which would result in a violation of the provisions of the State plan required by clause (17) of section 101 (a), and except that the amount otherwise payable to such State for such year under this section shall be reduced by the amount (if any) by which expenditures from non - Federal sources during such year under this title are less than expenditures under the State plan for the fiscal year ending June * 30, 1972, under the Vocational REHABILITATION ACT.

The payment plan divides it up into 5 equal installments so you pay 20 % on the initial order and then 4 subsequent payments thereafter.

For well - qualified customers, the Curve 9315 will require a $ 49.99 out - of - pocket down payment and 20 equal monthly payments of $ 10 per month via T - Mobile's Equipment Installment Plan (EIP)(1), with a two - year service agreement and qualifying T - Mobile Value voice and data pPlan (EIP)(1), with a two - year service agreement and qualifying T - Mobile Value voice and data planplan.

Under Amazon's new payment plan, users will be able to pay for the handset in four equal installments every 90 days, without being charged interest, financing charges or other hidden fees.

If borrowers have made payments that are equal to what they would have paid in a qualified repayment plan, those payments will be credited toward loan forgiveness.

Any other Direct Loan Program repayment plan; but only payments that are at least equal to the monthly payment amount that would have been required under the 10 - year Standard Repayment Plan may be counted toward the required 120 paymeplan; but only payments that are at least equal to the monthly payment amount that would have been required under the 10 - year Standard Repayment Plan may be counted toward the required 120 paymePlan may be counted toward the required 120 payments.

They include the standard plan (equal payments for 10 years); extended plan (equal payments for up to 30 years); graduated plan (payments gradually increase over a period of up to 30 years); and, income contingent plan (payments based on your income and can be spread out for up to 25 years).

Therefore, payments made during the later portion of the repayment period under the Graduated Repayment Plan may in some cases equal or exceed the payment amount that would be required under a 10 - Year Standard Repayment Plan, and these payments would count for PSLF.

What other Direct Loan repayment plans would give me a monthly payment that is at least equal to the payment that would be required under a 10 - Year Standard Repayment Plan?

Loans on Extended and Graduated plans are not eligible unless the payment is equal to or greater than your standard plan repayment (which could happen near the end of a graduated repayment plan).

Other PSLF - qualifying repayment plans are the 10 - Year Standard Repayment Plan or any other repayment plan where your monthly payment amount equals or exceeds what you would pay under a 10 - Year Standard Repayment PPlan or any other repayment plan where your monthly payment amount equals or exceeds what you would pay under a 10 - Year Standard Repayment Pplan where your monthly payment amount equals or exceeds what you would pay under a 10 - Year Standard Repayment PlanPlan.

- Any other Direct Loan program if monthly payments made were equal or greater than the payments required if you were on the 10 year standard repayment plan.

The amount of the offer must be equal to the present net value of your assets plus the present value of the total sum the IRS could collect under a monthly payment plan.

All you have to do is transfer the 401 (k) to a traditional IRA, and then start a 72 (t) Substantially Equal Periodic Payment (SEPP) withdrawal plan.

The Required Minimum Distribution method for calculating your Series of Substantially Equal Periodic Payments (under § 72 (t)(2)(A)(iv)-RRB- calculates the specific amount that you must withdraw from your IRA, 401k, or other retirement plan each year, based upon your account balance at the end of the previous year.

** Any other Direct Loan repayment plan, but only payments that are at least equal to the monthly payment amount that would have been paid under the Standard Repayment Plan with a 10 - year repayment period may be counted toward the required 120 monthly paymeplan, but only payments that are at least equal to the monthly payment amount that would have been paid under the Standard Repayment Plan with a 10 - year repayment period may be counted toward the required 120 monthly paymePlan with a 10 - year repayment period may be counted toward the required 120 monthly payments.

The minimum monthly payment amount under the Standard Repayment Plan will be equal to the amount necessary to repay the loan in full by the end of the repayment term.

However, since this article aims to provide the basics when it comes to estimating student loan repayments, it focuses on providing a repayment estimation for federal student loans under the standard repayment plan or the extended repayment plan; these repayment plans assume equal monthly payments.

What most people are shocked to find out, is that their payment can be equal to or higher than what you are currently paying and most plans are for over 5 years!

Graduated Repayment Plan Your minimum payment amount will be at least equal to the amount of interest accrued monthly.

With respect to consumer credit transactions, where the debt is payable in installments, not made pursuant to an open - end credit plan and in which the original amount financed is one thousand dollars ($ 1,000) or less, the debt shall be scheduled to be payable in substantially equal installments at equal periodic intervals, except to the extent that the schedule of payments is adjusted to the seasonal or irregular income of the debtor or when the transaction is a single principal payment obligation irrespective of the scheduled interest payments, and:

By studying the information on this website like our 72 (t) FAQ, you will be able to learn the rules that govern Substantially Equal Periodic Payment (SEPP) Plans as defined by IRC Section 72 (t) and 72 (q).

This plan has equal monthly payments over 10 years.

Under a typical payment plan, borrowers either make equal monthly payments to retire their debt over a set period of time, typically 10 years, or they follow an escalating payment schedule in which the amount they owe gradually increases at a set rate over time.

Your refund will be equal to the payments that you have made, less any previous refunds, and a fee of up to $ 50 per plan or 50 % of the amount paid to the board, whichever is less, may be assessed upon termination of the plan.

NOTE: Payments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count towaPayments you make under a 10 - year Standard Repayment Plan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward PPlan or under any other Direct Loan Program repayment plan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward Pplan with payments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count towapayments that are at least equal to what you would have been required to pay under the 10 - year Standard Repayment plan also count toward Pplan also count toward PSLF.

A creditor that accepts a payment on behalf of a consumer by a debt management organization, pursuant to the terms of a debt management plan, shall make payment to the debt management organization in an amount equal to fifteen percentum of the payment received by the creditor.

* Qualifying repayment plans include IBR, ICR, PAYE, Standard (10 Year) Plan, as well as any other plan under which your monthly payments are greater than or equal to monthly payments required by the Standard (10 Year) PPlan, as well as any other plan under which your monthly payments are greater than or equal to monthly payments required by the Standard (10 Year) Pplan under which your monthly payments are greater than or equal to monthly payments required by the Standard (10 Year) PlanPlan.

Under term - based plans, the payment is determined by the repayment term length (the plans are either equal payments or start lower and increase as time goes by).

We offer Care Credit which, following pre-approval, has «no interest» payment plans available for clients, as well as an extended payment plan at a fixed interest rate equal to, or lower than, most major credit cards.

As we begin to approach the amount of the initial payment made upon arrival, we will discuss what additional diagnostic and treatment is being proposed and if you agree to pursue that plan we will request providing verbal / written approval as well as additional payment, which, when added to the amount of your initial payment, will equal one - half of the high - end of the new estimated costs.

During our Fall Season Pass sale, the cost of the installment plan is 4 % of your pass price, and allows you to make 2 equal payments on your pass — the first when you purchase your pass, and the second when you pick it up!

Section 75 PBA imposes an obligation on the employer of a wound up plan to pay into the pension fund an amount equal to the total of all payments that are due or that have been accrued and have not been paid (s 75 (1)(a)-RRB- and under section 75 (1)(b), there is a formula for calculating the amount that must be paid to ensure the fund can cover its liabilities upon wind up.

Disability buyout plans typically pay an amount equal to the principal payment, but not the interest.

Any other payment plan with monthly payments that equal or exceed standard repayment monthly payments

It's a must to have an income replacement plan offering payment equal to ~ 1.5 times the monthly expenses.

The death benefit payable under the plan is equal to 2.5 times the amount of this premium payment.

For example, if the monthly payment is equal to 1/12 -LRB-.083333) of the annual premium, the insurance company is charging 0 percent interest on the premium payment plan.