Sentences with phrase «for multiple beneficiaries»

So assuming none of your children will be attending college during the same years, it's possible to use the same plan for multiple beneficiaries.

Not exact matches

For example, if you are one of multiple beneficiaries who inherited a retirement account in 2010, you would have had until Dec. 31.

Among the beneficiaries may be Brooklyn Councilman David Greenfield, who is said to be in line to be the next chairman of the City Council's powerful Land Use committee, according to multiple sources close to the negotiations for Council speaker.

You can set up multiple accounts for different beneficiaries including yourself and others who are not your children.

Anyone can establish a Coverdell for a child / beneficiary and there can be multiple savings accounts for a specified child / beneficiary.

Another important point to remember is that if you have multiple traditional, SEP or Simple IRAs with different beneficiaries, you might want to maintain a separate Form 8606 for each type of IRA.

While you must name at least one beneficiary for your policy, it's possible to go above and beyond, naming multiple people on your life insurance policy.

For example, a policy with a single beneficiary may pay out faster than a policy with multiple beneficiaries.

The policyowner can name one person as a beneficiary, like a spouse or child, or multiple people, with the death benefit split into percentages until 100 % of the death benefit is accounted for.

The assets must be moved to an inherited IRA and the same rules apply for separating the assets as when there are multiple beneficiaries.

If you have multiple Traditional, SEP and / or SIMPLE IRAs with different primary beneficiaries, you may want to maintain a separate Form 8606 for each IRA.

To designate one or multiple beneficiaries for a Putnam Traditional IRA, Rollover IRA, Roth IRA, Roth Conversion IRA, SEP IRA, SARSEP IRA, SIMPLE IRA or 403 (b)(7) Plan.

It may be easier for you to states a specific percentage of the life insurance proceeds to be designated to each of the multiple beneficiaries.

The policyowner can name one person as a beneficiary, like a spouse or child, or multiple people, with the death benefit split into percentages until 100 % of the death benefit is accounted for.

As per this clause, the policyholders have the option to specify multiple nominees and their share in the proceeds for each beneficiary beforehand.

Beneficiary can be one person, like a spouse or child, or multiple people, given different percentages of the face amount until 100 % of the death benefit is accounted for.

Multiple beneficiaries: You may specify that your benefit be divided, for example, in thirds between two children and a surviving spouse.

Life insurance contracts allow for multiple layers of beneficiaries to be named, in the event that a named beneficiary predeceases the insured.

Although it might be a bit messy dealing with multiple companies, you can leave a good amount behind for beneficiaries.

A new policy memorandum issued by the United States Citizenship and Immigration Services (USCIS) makes clear that different H - 1B petitioners may not file multiple H - 1B petitions for a single beneficiary.