Sentences with phrase «guaranteed income while»

And because disabilities can last for months or even years — having guaranteed income while you're off work can be critical.

The heart of the issue is that annuities offer guaranteed income while stocks may go up or may go down and are thus not dependable for a steady stream of income — something many retirees need and / or MUST have.

If you go through the process I've described above, you should be able to divvy up your savings in a way that gives you adequate guaranteed income while at the same time providing you with the long - term growth and financial flexibility necessary to maintain an acceptable lifestyle over the course of a retirement that may well last 30 or more years.

Adding an optional Lifetime Income Benefit to your contract for an additional charge can provide guaranteed income while still giving you the flexibility to meet your changing needs.

Not exact matches

The terms and prices of variable annuities were much better before the financial crisis, but the rationale for a contract that guarantees an income stream while allowing for some participation in potential growth in the investment markets remains intact, according to Mark Cortazzo, senior partner at Macro Consulting Group.

While the value of underlying subaccounts of variable annuities fell through the floor like everything else in the market in 2008, the guaranteed income withdrawal rate (not to be confused with the rate of return of the investment portfolio) did not.

While it's better to invest than keep money under a mattress, buying risk free securities, such as guaranteed income certificates or low - yielding government bonds, could actually be riskier than purchasing higher returning products, says Ted Rechtshaffen, president and CEO of Toronto's TriDelta Financial Partners.

While this give - with - one - hand, take - away - with - the - other quality strikes some as inefficient, it is that structure that allows guaranteed - income plans to avoid the «welfare trap» caused by today's «conditional» welfare programs.

And while the coming debate over the guaranteed income will inevitably focus on political and economic viability, in the end the authors believe we will embrace it, as we embraced those others, because it is the right thing to do.

While Old Age Security and the Guaranteed Income Supplement were designed to provide a basic minimum amount to Canadian seniors, the new Canada and Quebec Pension Plans were contributory social insurance programs established to provide basic death, survivor and disability benefits as well as retirement coverage.

While dividend paying whole life policies aren't actually guaranteed to pay a dividend, should they do so, you don't have to pay income tax on the money as it's considered a return of premium.

Fixed index annuities (FIAs) provide the ability to earn interest and create a stream of lifetime income through annuity options or, if offered, a guaranteed lifetime withdrawal benefit (GLWB) rider, while being protected from market loss.

GLWB riders typically allow you to maintain access to your contract value while preserving the flexibility of guaranteed income.

Jim Poolman, IALC's executive director, stated that while the group's litigation is «not disputing that retirement advisors should act in the best interests of their clients,» DOL's rule «will harm millions of hard - working Americans who need the principal protection and lifetime guaranteed income that fixed indexed annuities offer.»

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.

While 80 % of investors say their adviser discusses risk tolerance, only 50 % say they bring up the subject of guaranteed lifetime income.

While life insurance is not a college funding vehicle and does not provide a source of guaranteed income in retirement, it does provide the opportunity to accumulate cash value.

While this may reduce your interest rate and guarantee your payment is made on time every month, it is essential to have a consistent income to avoid any overdraft fees.

If you follow this advice, you are starting in a good place and while no one can guarantee success, you are, at the very least, on the safest path to a passive income.

While many lenders advertise guaranteed approval, they usually require proof of income.

While never guaranteed, dividends provide a very reliable and predictable source of income and these monthly updates show real world examples of how that passive income stream not only rolls in but also grows over time.

FIAs offer the opportunity for growth and a steady, guaranteed lifetime income stream, while protecting the principal from the uncertainty of market volatility.

If tapping home equity is only a temporary solution to bridge the gap until you start to draw down your retirement assets or start receiving guaranteed income payments, consider applying for a home equity line of credit while you're still employed and more likely to qualify for the best rates.

A household with two good traditional pensions plus Social Security, and zero savings, might be in fine shape while a household with $ 1 million in the bank and no guaranteed lifetime income ends up struggling.

With additional TV and commercial income guaranteed from elsewhere, the Champions League «proper», while still lucrative, is not the be all and end all it has been.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

The party has been unable to guarantee that taxes won't rise, while defence secretary Michael Fallon's pledge not to increase income tax rates for higher earners fell apart hours later when May failed to endorse it.

When they want to retire the pension holder can trade the sum they have invested in their personal fund to purchase an annuity, which guarantees them an income in retirement, or they can take income from the fund, while continuing to invest the capital.

While ads lure pretty girls with promises of great income, there is no guarantee they will be getting their pay or have the ability to remove their profiles from the PPL dating site, if they decide to leave.

A few schools are guaranteeing four - year tuition rates for incoming students while the higher education world watches to see how the experiment works.

Indexed annuities are designed specifically to create the possibility of higher interest earnings than traditional fixed rate products and to protect premium (sometimes called principal) from loss due to market downturns, all the while creating a reliable, guaranteed lifetime income.

The guarantee is that the software will then double your income magically in just a short while.

A fixed annuity allows you to avoid market volatility, while still receiving the benefits of guaranteed income and tax - deferred * growth.

Well, while income is important, the fact that a monthly paycheck might be large is no guarantee.

Like an immediate annuity, a longevity annuity provides guaranteed income for life, except that while you invest your money now, the payments don't begin until later, typically much later, say, 10 to 20 years in the future.

Lotto - ticket type stocks are loved too much (think of the sexy allure of technology start - ups and junior mining companies), while guarantees are too highly valued (think of the hidden high fees in guaranteed - income products).

If you reach a point in your retirement where a guaranteed stream of income is a more important priority than investment flexibility, you can transfer some or all of your RRIF assets to an insurance company to purchase an annuity, while still maintaining the tax sheltered nature of the assets.

At heart, an annuity is a form of insurance that helps you get more spending income from your savings while you're alive while also guaranteeing that you'll still have money coming in even if you stay alive a long, long, long time.

While a few have given indexed annuities a bad rap, these insurance products actually have a number of unique benefits, including principal protection, growth opportunity and guaranteed lifetime income, that make them a good retirement planning tool.

Guaranteed Income Certificates While GICs are available, clients have to phone in to purchase or request quotes.

The upshot, though, is that unless you're willing to take on more investing risk — which also means accepting the possibility of running through your money while you're still alive — it's very unlikely that you can match an immediate annuity's guarantee of lifetime payments, which includes that extra bit of income that mortality credits provide.

By taking this two - pronged approach, you'll be able to take advantage of the benefit that only an annuity can offer (guaranteed income no matter how long you live regardless of how the financial markets perform) while having the rest of your retirement stash invested for long - term growth and accessible should you need to tap it.

A: A Fixed Index Annuity is an insurance product that offers a benefit that provides an opportunity to receive a steady, guaranteed lifetime income stream at a future date like retirement while protecting the principal from the uncertainty of market volatility.

In addition, some index - linked annuities provide opportunities to protect a portion of the annuity's account value, while variable annuities with a guaranteed withdrawal benefit feature can protect the amount of a person's future income.

While in deferral, the income sub-account guarantees a declared rate of return each year on all monies deposited — usually 5 - 8 %.

But while identifying a reliable insurer is a good start when converting savings to guaranteed retirement income, it's only that — a good start.

Unlike the typical private loan, federal loans come with guaranteed benefits such as deferment while the borrower is in school, forbearance during times of economic hardship, and in some cases a right to put the loan on an income - driven repayment plan with a capped monthly payment.

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

There is no certainty about the buybacks, while with dividend the investor has significant guarantees that he / she will receive a predetermined income over some time horizon.

A typical non-contributory plan might offer a guaranteed 3 % of employer contribution while a contributory plan might match 100 % of employee contributions, up to a maximum of 6 % of annual income, says Melanie Jeannotte, the managing partner at Vital Benefits, a Calgary - based benefits consulting firm.