Sentences with phrase «financial penalty you paid»

In the early 1970s, when 70 % of families had only a single income earner, raising kids was demanding, but the only financial penalty you paid was the actual cost of raising each child.

While some violations would lead to an increase in auto insurance premiums for drivers, they now can also lead to serious financial penalties paid to the state for a period of years.

Not exact matches

Staley must pay a financial penalty, while the company itself received no punishment, according to a release.

If you find yourself in dire financial need, you can withdraw money from your Roth IRA to cover the bills without paying tax penalties and making the situation even more damaging.

If you find yourself in a financial emergency with your money locked away in retirement accounts, it can be painful having to pay a 10 % early withdrawal penalty just to get access to your own money.

The official added that actors creating financial pyramids or issuing cryptocurrencies as a way to avoid paying taxes would also be subject to criminal penalties.

If you're struggling to make a decision, it could be worth talking to a financial planner, who can help you choose between your options (and reduce the taxes or penalties you'll need to pay).

Capital One agreed to refund $ 150 million and pay a $ 60 - million fine, and Discover Financial Services agreed to refund $ 200 million to credit card customers and pay a $ 14 - million civil penalty.

And after all that, if you return to work, you will likely pay hefty childcare costs and if you don't, you will face the financial penalty of losing that second income.

It is even more surprising that the NHS must pay financial penalties if it can't find all the expected staff to lend to computer suppliers.

Sheldon Silver shouldn't have to sit in prison or pay financial penalties while he appeals his corruption conviction, attorneys for the former New York state Assembly speaker argued Friday in a court filing.

More than a dozen other people and financial firms have agreed to pay a combined $ 170 million in civil penalties.

As is its custom, Lincoln has priced the MKZ Hybrid at the same entry - level point as the base gas - powered version of the car, which means there's no financial penalty to pay for going green.

If you are unable to pay off the monthly bill, then the penalty exp enses and financial repercussions, such as negative credit marks, most likely outweigh any cash back return on your purchases.

This will potentially help students and debtors have fairer terms when paying back their loans without suffering intense financial penalties.

Wells Fargo agreed Friday to pay $ 1 billion in penalties after the bank was fined by two federal regulators — the Consumer Financial Protection Bureau and the Office of the...

Paying 34 - 47 % in taxes and penalties so you can pay off a credit card at 18 % interest is not a wise financial move!

For the financial year 2017, the lowest tax bracket is $ 9,325, so I would withdraw only $ 9,325 annually to pay as little taxes as possible and the withdrawal penalty.

Speaking with an accountant or tax professional is recommended to avoid any financial missteps by paying taxes or penalties unnecessarily.

Similar to the IRA Transfer, the IRA Asset owner can rollover his assets directly from one financial institution to another without having to pay any taxes, and the 10 % early withdrawal penalty fee.

You must pay interest and penalties during a time of financial distress.

If your financial emergency somehow clears up far sooner than you anticipated and no longer want to be stuck in a loan contract, then you can pay off your loan as quickly as you would like since LoanMart charges absolutely no prepayment penalties.

If you find yourself in dire financial need, you can withdraw money from your Roth IRA to cover the bills without paying tax penalties and making the situation even more damaging.

«When we finally pulled the plug on some of those funds, we paid a huge financial penalty for it — close to $ 4,000.»

Borrower is responsible for paying other financial institution fees and charges related to the existing loan (for example, payoff demand statement fee and / or a re-conveyance fee) as well as any prepayment penalty imposed by that lender.

It really pays to do the research on penalties and fees, not just the interest rates, so that if you do take a loss with an early withdrawal, it doesn't have to equal a bad financial decision.

As a result of not paying their credit card bills for months, credit card companies add fees and penalties to consumers» credit card balances and often even begin collection efforts to recoup the debt, all of which puts the consumers in a worse financial situation.

A sudden emergency could push you to withdraw money from your IRA, but the penalties make this a very expensive way to pay off an unexpected financial obligation.

Another way of looking at this is: because charge cards have to be paid off in full each month or else assess penalty fees, some cardholders find this to be a good way to instill financial discipline and force themselves to only buy things on credit that they can reasonably pay off.

If you have a smaller loan amount, it might be a smarter financial move to pay down your loan in normal installments rather than take the prepayment penalty.

Reinstatement: For temporary financial problems, you and your loan servicer can agree upon a date when the entire past - due amount, plus any late fees or penalties is to be paid.

If your financial emergency clears up sooner than you expected you can pay off your loan as quickly as you would like since LoanMart charges absolutely no prepayment penalties.

Financial analysts believe the Rule of 78, also known as «pre-computed loans» is unfair to consumers because it penalizes anyone who pays off a loan early, though the penalty is really not that severe.

An employer who distributes forms with false information — such as an incorrect employee tax identification number, or incorrect reporting of wages paid or taxes withheld — is subject to financial penalties.

I would demand the financial institution responsible to fix it / pay for any penalties.

You may have to pay penalties to get your money back earlier - for example, with a term deposit, your financial institution can charge you if you want your money back before the «term» is up.

Now, the son has no choice but to tap his annuities to help his mom pay bills, even though more than a third of every dollar he takes out is going toward penalties and taxes, according to her financial planner, James Burns.

If you find yourself in a tight financial situation and need to dip into your piggy bank before you hit that 59 1/2 milestone, you may have to pay dearly in the form of a 10 % income tax penalty (i.e., you'll pay income tax on the withdrawal at the normal rate, plus another 10 %).

An individual who withdraws money from a CD before its maturity usually must pay a financial penalty, and he or she could forfeit several months of interest.

If there are early pay - off penalties, it makes good financial sense to calculate the cost of carrying the loan VS. paying if off sooner with a penalty.

Federal civil penalty fund pays refunds to scam victims — The Consumer Financial Protection Bureau's civil penalty fund has allocated nearly half a billion dollars for victims of scams that were too broke to make refunds... (See Civil penalty fund and scam victims)

If you need to cash out before the CD matures, you will likely pay a penalty, says Juan Ros, a financial planner with Lamia Financifinancial planner with Lamia FinancialFinancial Group.

Nearly two in five women in that age group (39 percent) do not pay their bills on time, making them more likely to be subjected to late fees and other penalty charges, which can have negative impacts on their financial health.

Another way of looking at this is: because charge cards have to be paid off in full each month or else assess penalty fees, some cardholders find this to be a good way to instill financial discipline and force themselves to only buy things on credit that they can reasonably pay off.

Some carmakers ignore these standards, pay a small financial penalty, and add it to the price of their cars.

The only evidence of any financial implications of the Taiwanese proceedings is found in the «Criminal Judgment», dated March 9, 1994, in which [the wife] seems to have been presented with the uneasy choice of serving three months in jail or paying a penalty of $ 30 per day.

A financial penalty can be imposed and Solicitors can be ordered to forfeit or reimburse their fee and pay costs.

In his majority opinion, Chief Justice Roberts wrote: «The Affordable Care Act's requirement that certain individuals pay a financial penalty for not obtaining health insurance may reasonably be characterized as a tax.

Suppose a contract is signed by two parties, Party A and Party B. Suppose that the contract stipulates a severe financial penalty to be paid by Party A depending on whether or not an unrelated party,...

Wells Fargo has agreed to pay a $ 1 billion penalty for alleged violations of the Consumer Financial Protection Act.