Sentences with phrase «gift from your retirement»

If you have been considering a gift from your retirement assets to The Carving Studio and Sculpture Center (CSSC), please note the following:

Not exact matches

This is a gift from the government to help ensure that those approaching retirement age are as prepared as possible.

Aside from common sense stuff like creating a budget and retirement planning, attendees learned that «allowances» are considered gifts, making the donor of the gift responsible for paying the gift tax if the amount exceeds $ 14,000.

In making this type of a gift, the Dodds will receive steady, guaranteed lifetime payments from the annuity — a tax - advantaged way to provide income during their retirement as well as to support the school's mission.

The down payment can be your own money (checking / savings / retirement), a gift from a family member, or can come from a down payment assistance program.

The down payment can be your own money (checking / savings / retirement), or a gift from a family member.

If you're not sure how to structure things, ask your lender for guidance and to give specific examples of assets you should account for, such as checking and savings accounts, retirement and pension accounts, brokerage accounts, college savings funds, and financial gifts from friends / relatives.

The minimum down payment of 3.5 % for Kentucky FHA Loans can come from a family member in the form of a gift, or can be borrowed from a 401k, retirement account, or secured asset like a car.

If you don't have enough saved, consider using gifts from family members or your own retirement savings, which you may be able to pull out for a home purchase without penalty (there are limitations, and you'll still pay any taxes owed).

The Pension Protection Act of 2006: If you are 70 - and - one - half years or older, you can make an outright gift to Mostly Mutts Animal Rescue by transferring funds directly from your individual retirement account (IRA) without paying federal income taxes on the distribution.

A gift from your IRA, 401 (k), 403 (b), pension or other tax - deferred plan, is another way to ensure that any retirement savings you haven't used during your lifetime will support an important cause.

Smith College Museum of Art, purchased with gifts from members of the museum's visiting committee in honor of the retirement of Ann Johnson.

The big - sized car painted Yankee blue was a big - sized gift from the Ford Motor Company to Ruth, who enjoyed driving around and visiting kids and giving inspirational speeches even a decade after his retirement.

There are several planned giving options from which you may choose, including bequests through your will or living trust; gifts that give you income for life (i.e. charitable gift annuity, charitable remainder trust, or pooled income fund); and bequests that don't require a will or trust (i.e. retirement plans, insurance policies and investment accounts).

Anne Smyth has recently retired from the Carers» Resource and young carers showed their appreciation by helping to create a beautiful retirement gift!

They include such areas as personal savings, gifts, grants, loans from retirement accounts and seller contributions.

We asked families with kids about their finances and found they are scraping together down payments from savings, gifts and retirement funds to buy bigger homes, and then borrowing money to renovate and make repairs.

The buyer has to come up with the rest from retirement accounts, gift money or savings.