Sentences with phrase «get as lump sum»

One way is to get it as a lump sum, and another way is to get is an annuity.

With assured returns, you can plan your purchase as you are well aware of the amount that you would get as a lump sum after a certain period.

Not exact matches

«With a personal loan or regular home equity loan, you're getting the entire amount as a lump sum and paying interest on it immediately.»

If an author doesn't earn out their advance, they are far less likely to get another one (except for the mega-bestsellers who, as you say, are really just getting lump - sum payments rather than being paid royalties)

Borrowers can get their money in one lump sum, in regular monthly installments or as a line of credit, similar to using a credit card.

Cash back bonuses: Student cards are now offering both lump sum cash back intro bonuses, such as getting $ 25 if you spend $ 500 within the first 3 months, as well as cash back matching, where you get $ 1 for every $ 1 you spend during the first year, up to a limit.

While it is possible that your credit card issuer will refuse to accept a partial settlement of your debt, it is just as likely that you may be allowed to settle for either a lump sum payment, a renegotiation of your payment terms that may give you more time — typically an extra 90 days — or a combination of the two, in order to settle your account before it gets charged - off.

Get aggressive on those lump sums so you build up as much equity as possible.

But if we get a lump sum as a tax refund, the money will seem more significant.

She borrowed approximately $ 50,000 as a lump sum to get the repairs completed.

Finova loans are advertised as lines of credit, but they differ from the revolving credit associated with a credit card or personal line of credit because you get your loan amount in a lump sum, not as a credit limit.

(Hang Seng Index ConsIf I inject lump sums into Hang Seng Index, I'm essentially tripling down on the prospects of the Hong Kong economy since I work in Hong Kong, I've got periodic monthly salary leftovers going into Hang Seng Index and the lump sums would be going into Hang Seng Index as well.

You give an insurer a lump sum of money (the premium) and in return you get a monthly payment for as long as you live, regardless of how the financial markets are behaving.

No more lapses As the policy premium is single and is paid up in a lump sum, therefore, you do not have to stress over policy getting lapsed in a case of premium non-payment hence, making the policy valid for the entire policy term, which creates a good cash value while you render policy benefits in the end.

I couldn't get it done by March but looks like that delay helped to get better NAVs (for my 5 months lump sum) as the market corrected last few weeks.

When you retire, you can choose to get your super as a lump sum, a regular income stream (for example, $ 400 a month), or a combination of both.

However, instead of getting the money as a lump sum, you get it in a revolving fashion much like a credit card.

With a variable - rate reverse mortgage, you get the option of taking your proceeds as a monthly payment, line of credit, or lump sum.

Whether you're choosing between selling your home and getting a second mortgage or taking a pension as a lump sum, Quinn finds a way for you to stretch your retirement fund and invest along the way.

Currently my Portfolio is Rs. 0.92 Crores.Aim is to get Rs. 10 Crore in 12 years.I will be able to increase the current SIP amount by about Rs. 25K every year.I am risk tolerant & can invest Rs. 40 Lakhs as a lump - sum in next 24 months.Thanks in advance.What changes should I make to reach the Goal?

With a home equity loan, you can get a lump sum as stated in the initial mortgage agreement.

It's not entirely clear what you're asking... If you're talking about an Excel Formula for getting both of those, then: = PV (Rate, NPER, PMT, Future Value) = PMT (Rate, NPER, Present Value, Future Value) For the lump sum investment, you would put the final value you need in as «present value», and the Payment would = 0.

You can think of reinstatement as a single lump - sum payment to get caught up on your missed mortgage payments from the past.

Details: As an individual, you can make a lump sum contribution up to $ 75,000 (5 - years at $ 15,000 for each year) to get the immediate benefit of five years» worth of gift tax exclusions.

(If you make an annual lump - sum contribution and rebalance the portfolio at the same time, that's as efficient as you can get.)

When you own a home you can enjoy the value of your investment without selling it, by either continuing to live in it after you've paid off the mortgage (at which point you have no more mortgage payments), and optionally getting a reverse mortgage at any time after age 62, which allows you to extract cash value from your home in either a lump - sum or as monthly payments, and which you won't have to pay back as long as you live in the home.

(3) Any time after you're 62, get a reverse mortgage, which pays you most of the equity you've built in cash, either as a lump - sum or as monthly payments.

I have now sent off the necessary paperwork to start taking out income from my SIPP, so I should soon receive the illustration from them and as long as this doesn't show any problems will be getting my tax free lump sum and a regular income.

You only get 1.5 x miles every statement and you get the extra 1.5 x miles as a lump sum at the end of the year.

There's also «Critical Illness» cover, an insurance policy that's usually paid as a lump sum, where you'll get a tax - free chunk if you're diagnosed with one of the serious illnesses covered by your policy, such as cancers, heart attack and stroke.

If that is indeed a possibility, your family may be better off getting the claim amount in parts, rather than as a meaty lump - sum.

Limits are based largely on occupation class and elimination period (365, 540, or 730 days) but can get as high as 2 million for a lump sum or 3 million for a monthly payout (over 60 months).

People who buy these Critical Illness riders will get a fixed lump sum amount as soon as the diagnosis is carried out by any of the prior conditions specified in the terms and conditions column of the document of the policy.

So, if the insured gets diagnosed with a critical illness during the policy tenure, he / she becomes entitled to get a fixed lump sum, as mentioned in the policy.

Also, if you get diagnosed with a chronic disease like heart - attack, end - stage renal failure, cancer, stroke and major organ transplants, you will receive a lump sum amount from the insurer and can opt for a plan offering a partial as well as a complete death benefit.

Should you survive the term policy you purchased you will get your «life insurance premiums refunded» back to you as a lump sum.

As the name suggests, in this case, the insured needs to pay only once a lump sum amount and gets coverage throughout the chosen policy period.

Your family will get a lump sum of Rs 1 crore + A income of Rs 50,000 every month for the next 10 years as a payout.

Maturity Benefit: The policy provides an option to get benefit as lump sum or as a monthly benefit or both.

In this case, his nominee will immediately get Rs 1 crore as lump sum.

This plan offers you to get the maturity level either as lump sum or as money bank for fulfilling your child's academic or career needs.

In case of unfortunate death, your family will get the lump - sum benefit as per the policy.

In case of a life cover higher than Rs 2 crore, you can opt for a maximum conversion of Rs 1 crore life cover and get Rs 50 lakh as lump sum during terminal phase of heart disease.

Where at the time of maturity you start getting regular income after your retirement and you can also choose your money lump sum amount as a part.

In this case, his nominee will immediately get Rs 10 Lakh as lump sum payment.

The only way a nominee may benefit is if the annuitant dies without getting the purchase price back, the nominee will get the amount back, either as a lump sum or over a period of time.

As per DTC (Direct taxes code) the withdrawn lump sum amount is tax exempted but the maturity proceeds from annuity get taxed.

This is because in case of one - time or annual premium payments, the insurance company saves on administrative costs and also gets a lump sum amount in advance for the full year, as opposed to the quarterly or monthly payment options.

This gets us to an imperative point — that simply leaves behind a considerable amount as a death benefit is not enough, your family and dependents should also have knowledge about how to put that lump sum to best and effective use, failing which, they might face financial problems.

Now, you must buy a pension plan that ensures you get a lump sum amount monthly as an income post retirement.