Sentences with phrase «guaranteed base income»

Scenario A: Raman Survives the Policy Term If Mr. Raman survives till the maturity of the policy term, he receives the aggregate of Last Guaranteed Base Income payout, Accrued Reversionary Bonuses, Interim Bonus, and Terminal bonus.

Maturity Benefit — On survival till the end of the policy tenure, the policyholder gets last Guaranteed Base Income Payout + Accrued Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) as Maturity Benefit and the policy terminates.

Thus, the total Guaranteed Base Income would be 100 % to 120 % of the Sum Assured + Bonus payable on maturity.

The Guaranteed Base Income (GBI), as a percent of the sum assured, is paid annually post the Premium Paying Term and ranges from 8 % - 12.5 % depending on the plan option chosen.

The Guaranteed Base Income (GBI) as a percent of sum assured is paid annually after the Premium Paying Term is over.

Guaranteed Base Income (GBI), as a percentage of Sum Assured, accrues each year during the payout period.

Every year payout or income comprises of guaranteed base income payouts, varying from 8 to 12.5 % of sum assured on maturity.

The Guaranteed Base Income (GBI) is paid every year after the completion of the premium paying term till the end of the policy term.

Not exact matches

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

This chart shows a hypothetical situation of a husband and wife who are examining their need for additional guaranteed income in retirement, based on their estimates of monthly basic living expenses and known sources of monthly retirement income.

The accounting basis is not the same — the Estimates are on a cash basis of accounting while the Budget is on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax expenditures are not included in the Estimates; and the Estimates are on a net basis, netting off revenues against applicable spending, while the Budget is on a gross basis, recording such charges / fees as revenues.

The most effective sales compensation plans will typically have approximately 50 — 80 % of «on - target income» (the amount of total income that should be earned if the sales person meets the basic goals of their job) guaranteed in the form of a salary, with the remaining 20 — 50 % coming as performance - based bonuses or commissions.

Fees are based on a percentage of your hire's guaranteed income *, and every HirePack comes with a guarantee!

Fees are based on a percentage of your hire's guaranteed income *, and every hire comes with a guarantee!

Three years ago, Allianz would not have reported any conversations with advisors about guaranteed income, but those days are gone, ceding to conversations about fee - based products, Wellmann said.

But the same can be said for other policies designed to improve economic outcomes for the bulk of citizens — increasing the minimum wage, increased spending on infrastructure, establishing a guaranteed minimum base income, regulatory reforms, increased spending on R&D, cuts in corporate taxes, whatever your favorites may be.

Specific policies include the 30 - 50 Plan to Fight Poverty, which is committed to reducing the number of people living below the poverty line by 30 percent and the number of children by 50 percent; an Affordable Housing Plan; pursing the long - term goal of a national high - quality, universal, community - based, early education and child care system; increasing the Guaranteed Income Supplement by $ 600 per year for low - income seniors; and creating a new relationship with Canada's First Nation, Inuit and Métis peoples, including re-instating the Kelowna AIncome Supplement by $ 600 per year for low - income seniors; and creating a new relationship with Canada's First Nation, Inuit and Métis peoples, including re-instating the Kelowna Aincome seniors; and creating a new relationship with Canada's First Nation, Inuit and Métis peoples, including re-instating the Kelowna Accord.

Obviously, the biggest advantage of investing in an annuity is that it guarantees you a certain amount of income on a regular basis once you retire.

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

Daily 7 guarantees a 7 % minimum amount of growth of the Withdrawal Base applied for income calculation each year, for up to 15 years or until your first withdrawal.

In our experiences strong sales leaders are more willing to give up some salary for a big performance - based payday, so a good rule of thumb is to negotiate a salary that is an average of their last three years «guaranteed income.

Bob MacDonald, founder of LifeUSA, writing in Forbes, defines an annuity as a long - term contract between a buyer and an insurance company that allows the accumulation of funds on a tax - deferred basis for later payout in the form of a guaranteed income, the core strength being the safety the guarantees.

The IPGL is being formed, says White, because: 1) many pro golfers would welcome a permanent base with guaranteed income, a retirement plan, limited travel and opportunities for «star status» in an adopted community (e.g., Ron Santo is from Seattle, but Chicago is where his name sells pizza); 2) most golf fans never see live golf competition except on television, and even on TV they are increasingly unable to identify with the players because of the abundance of faceless — meaning what's the name of the guy who won this week?

We indirectly or directly make decisions that involve money on a daily basis so why would I give up a guaranteed monthly income stream for daily stress on how my bills are going to be paid?

At a minimum, California courts should stop adding to the burden on low - income children and strike down the laws guaranteeing early tenure and seniority - based layoffs.

Daily 7 guarantees a 7 % minimum amount of growth of the Withdrawal Base applied for income calculation each year, for up to 15 years or until your first withdrawal.

Always ask to see the top contractual guarantees from three to five different carriers based your specific date of birth, and on how many years you plan on deferring before turning on the income stream.

There is also a sheet that allocates our spending for the next 3 months, basically utilizing all of our guaranteed income, based on a 4 week month.

If the account value reduces to zero due to market performance or an allowable withdrawal, you can elect to receive income for 1 or 2 lives based on the applicable Lifetime Guarantee Rate.

Remember that annuity lifetime income guarantees are based on your life expectancy at the time you start the payments.

All of the income - based repayment plans require re-certification annually, and you can't guarantee the rise because it's based on your income.

Furthermore, nobody can guarantee your payments for the entire 120 months because it's an income based plan — your income can change each year, and your payment will change as a result.

With our income annuity, you simply pay one premium and receive guaranteed income based on your age, needs and elections.

ForeCertain is a single - premium income annuity, which in basic terms means it's a product that converts an amount of savings into a guaranteed income stream based on three things: when you want the income to start, how long you want it to last — for a set period, your lifetime, or a combination of the two — and if you want the income alone or jointly with another, typically a spouse.

Withdrawals taken prior to income activation and those greater than the guaranteed lifetime income amount will reduce the Income Base and the guaranteed lifetime income aincome activation and those greater than the guaranteed lifetime income amount will reduce the Income Base and the guaranteed lifetime income aincome amount will reduce the Income Base and the guaranteed lifetime income aIncome Base and the guaranteed lifetime income aincome amount.

The Income Base receives guaranteed growth before income starts, so that your income can grow more predicIncome Base receives guaranteed growth before income starts, so that your income can grow more predicincome starts, so that your income can grow more predicincome can grow more predictably.

The guaranteed growth applies only to the Income Base.

The College Cost Reduction and Access Act, 9/2007, helps public service lawyers in two main ways: It lowers monthly student loan payments on federally guaranteed student loans (Income Based Repayment or IBR) and secondly, it cancels remaining debt for public servants after 10 years of public service employment.

For instance, going back to the $ 50,000 investment, you can guarantee a monthly income based upon the coupon payments from the laddered bonds by picking ones with different coupon dates.

If an employee dies before starting Guaranteed Annual Withdrawal Amount payments, or if he or she started payments on a Single - Life basis, the beneficiary would receive the Personal Income Benefit account value.

The reason is that government subsidies like Old Age Security and Guaranteed Income Supplement are based on iIncome Supplement are based on incomeincome.

Income - Based Repayment (IBR) plans are available to borrowers with Federal Direct and federally - guaranteed loans who have a financial hardship with the amount on the eligible loans exceeding 15 % of your monthly discretionary income — anything left over after paying your taxes, food, shelter, and clothing expIncome - Based Repayment (IBR) plans are available to borrowers with Federal Direct and federally - guaranteed loans who have a financial hardship with the amount on the eligible loans exceeding 15 % of your monthly discretionary income — anything left over after paying your taxes, food, shelter, and clothing expincome — anything left over after paying your taxes, food, shelter, and clothing expenses.

Annuity: A specified income paid yearly or at other regular intervals, often on a guaranteed dollar basis.

Know What to Expect Future income payments are based on how long you wait between the time you purchase the Guaranteed Income Builder and the time you take the income, as well as your age and your purchase payincome payments are based on how long you wait between the time you purchase the Guaranteed Income Builder and the time you take the income, as well as your age and your purchase payIncome Builder and the time you take the income, as well as your age and your purchase payincome, as well as your age and your purchase payments.

To get a guaranteed approval of loans with bad credit the applicant needs to provide proof of income, but the approval is really based on trust that repayments will be made.

A Guaranteed Minimum Income Benefit (GMIB) feature is an optional rider on a variable annuity that is available for an additional annual charge against the incomeIncome Benefit (GMIB) feature is an optional rider on a variable annuity that is available for an additional annual charge against the incomeincome base.

Owners of fixed indexed annuities (FIAs) with guaranteed living income benefit (GLIB) riders are much less likely to surrender their contracts than they were 10 years ago, according to new research based on 3.3 million policyholders.

* The Guaranteed Income commences after the end of Premium Payment Term and will be paid out on a monthly basis.

I don't fully comprehend all the ins and outs of annuities, but I'm starting to get the picture of how an annuity and its guaranteed income might work for her as a financial base.

after expressing an open indication of interest in a new issue fixed - income offering for which securities have not yet been allocated, this option allows customers to cancel that indication of interest and end participation in the offering; once an indication of interest has been deleted, that customer will not be eligible to receive an allocation of securities, even if the indication of interest had previously been confirmed; while customers can attempt to delete an indication of interest at any time before securities are allocated, deletions are performed on a best efforts basis; there is no guarantee that an indication of interest can be deleted, in whole or in part