Sentences with phrase «higher than your spouse»

A pension sharing application may be beneficial if your income will be higher than your spouse's income in retirement and if your CPP is also likely to be higher.

Whom it may benefit: This strategy is most useful if your monthly Social Security benefit is higher than your spouse's, and if your spouse is in good health and expects to outlive you.

Is your employment and future retirement income expected to be significantly higher than your spouse's?

A pension sharing application may be beneficial if your income will be higher than your spouse's income in retirement and if your CPP is also likely to be higher.

Not exact matches

Harp's data showed that entrepreneurs who set shared long - term business and family goals with their spouses scored higher in every area of satisfaction than those who didn't.

That way you can be certain that its assets or insurance will cover estate taxes, which can be as high as 60 % of assets when an estate passes to anyone other than a spouse.

If your benefits as a spouse are higher than your own retirement benefits, you will get a combination of benefits equaling the higher spouse benefit.

The military spouse unemployment rate sits around 26 percent — much higher than the general population — and military spouses are likely to make 38 percent less than their civilian counterpart.

Covering employees If you have no employees other than you and your spouse (or business partner) and want the highest possible contribution limits, consider a Self - Employed 401 (k).

This can cause discretionary income, and thus payments, to be higher under REPAYE than they might be under ICR or IBR if spouses file separately.

This assumes they're eligible for retirement benefits and their retirement rate is higher than their rate as a widow, widower, or surviving divorced spouse.

How it works: When you die, your spouse is eligible to receive your monthly Social Security payment as a survivor benefit, if it's higher than their own monthly amount.

In situations where the spouse's Social Security monthly benefit is greater than their partner's, the longer a spouse waits to claim Social Security, the higher the monthly benefit for both the spouse and the surviving spouse.

If you are the higher wage earner (with the higher Social Security benefit) and either are older than your spouse or expect your spouse to live longer than you, it may make sense to delay taking Social Security to maximize the survivor benefit if you pass away prematurely.

Often their revolving balance is much higher than what is listed, and / or they have loans other than credit card debt, or income doesn't include their spouse's income, etc..

If your spouse's benefit amount will be higher than yours, the longer he / she waits to claim, the greater your survivor benefits will be [2].

What is special about sexual intercourse, a highly - satisfying male - female symbiosis, is that it requires a higher degree of collaborative communication than any other kind of behavior exchanged between spouses.

These forces are the stuff of everyday life: rates of birth higher for Mexicans and Mexican - Americans than for most other ethnic groups; a chain of entirely legal immigration, as Mexican - Americans bestow residency and citizenship on their spouses, children and parents; and a practice of illegal immigration that is, in the vast majority of instances, born from ordinary people exercising common sense.

An evidence of the accuracy of the high rating for the death of a spouse was their discovery that the number of deaths of widows and widowers during the first year following the death of their spouse is ten times greater than the deaths of others in their age groups.

It also places longevity higher than marital quality; you can treat your spouse like crap for years and he or she may put up with it for whatever reason (fear, dysfunction, lethargy, etc.), and society will toast you for having a successful marriage because you made it until one of you dies.

Or, if you have a spouse or friend whose threshold for mess is higher than yours, ask them to supervise this one.

«To set the figure significantly higher than even the # 13,400 gross annual wage effectively denies young people and many thousands of low - wage earners in full time employment the ability to be joined by their non-EEA spouses from abroad unless they happen to have wealthy relatives or to have won the lottery.

He explains that Paulin reported a number of holdings belonging to her and her spouse in the highest, uncapped category, meaning their holdings, which are theoretically unlimited, were capped at more than $ 34 million.

Parent caregivers with high strain from spouses reported more chronic conditions, such as diabetes, arthritis and high blood pressure, than noncaregivers with high strain from spouses, Kang explained.

Participants in the study tend to have higher - than - average levels of education, both spouses have jobs and both spouses report their intention to keep working after the child is born.

Additionally, those who minister to pastors and their spouses agree that pastors have worse marriages than their congregations, worse sex lives than their congregations, and higher levels of porn use than their congregations.

The rates of black and Native American women killed are significantly higher than white or Asian women... murders were committed by spouses than dating partners.

Her previous films, the sprite High Season and the whimsical Rough Magic, were technically sound productions (though, in the case of Rough Magic, narratively poor too) that showed she was more than a notable screenwriter (of the maligned but underrated Michaelangelo Antonioni epic Zabriskie Point) and famous spouse (of Italian auteur Bernardo Bertolucci).

If your benefits as a spouse are higher than your own retirement benefits, you will get a combination of benefits equaling the higher spouse benefit.

Over the long term if someone had a higher income than their spouse and contributed to their TFSA the tax savings could be huge because the income generated in the account would not be attributed back to the higher income spouse.

This makes sense when the income earned in the business is taxed at a higher rate than the spouse / child would pay personally, reducing the overall tax bill.

But if it's in the lower income earner's hands, it would be taxed at a lower rate than the higher income spouse.

In this case if one spouse has a higher income than the other (and therefore higher marginal tax rate), it would make sense to keep all investments in the name of the lower income spouse so that the investment income is taxed at a lower rate.

As used in this paragraph, a «Covered Borrower» means any person who, at the time such person becomes obligated on a loan transaction or establishes an account for consumer credit, satisfies the requirements under any one or more of the following classifications, or is otherwise under applicable laws deemed to be a «Covered Borrower» under the Military Lending Act, 10 U.S. Code Section 987: (a) An active duty member of the Army, Navy, Marine Corps, Air Force or Coast Guard, or a person serving on active Guard and Reserve duty (a person described in this clause (a) of the definition of «Covered Borrower» is hereinafter referred to as a «Service Member»); or (b) Any of the following persons, relative to a Service Member: (1) The spouse; (2) A child under the age of 21; or (3) If dependent on the Service Member for more than one half of such person's support, any one or more of the following persons: (i) A child under the age of 23 enrolled in a full time course of study at an institution of higher learning; (ii) A child of any age incapable of self support due to a mental or physical incapacity that occurred before attaining age 23 while such person was dependent on the Service Member; (iii) Any unmarried person placed in legal custody of the Service Member who resides with such Service Member unless separated by military service or to receive institutional care or under other circumstances covered by Regulation; or (iv) A parent or parent - in - law residing in the Service Member's household.

Survivor benefits, which I briefly mentioned above, only come into play if they're higher than the surviving spouse's retired worker benefit.

If a spouse's own earnings history generates a larger benefit than what he or she would receive as a survivor benefit based on their deceased spouse's earnings history, then the higher retired worker benefit is kept in place.

Widowed or divorced individuals may qualify for benefits based on their former spouse's earnings history, which in some cases can be higher than the benefit they would receive based on their own earnings history.

This is a variation on the above strategy, but in this case, rather than the lower - income spouse buying the investments with his or her own money, the higher - income spouse lends money to the lower - income spouse, who then uses it to buy the investments.

If a spouse is eligible for a retirement benefit based on his or her own earnings, and if that benefit is higher than the spousal benefit, then we pay the retirement benefit.

This can cause discretionary income, and thus payments, to be higher under REPAYE than they might be under ICR or IBR if spouses file separately.

On average, those ages 25 to 39 with at least a bachelor's degree and outstanding student debt have higher family incomes — the individual's income plus that of his or her spouse or partner — than those in this age range lacking a bachelor's degree (regardless of loan status).

If a spouse's own earnings history generates a larger benefit than what he or she would receive as a survivor benefit based on their deceased spouse's earnings history, then the higher retired - worker benefit is kept in place.

Another option: if you have a higher score than your spouse and you can qualify for a better rate based on your income, with just your score, then just put your name on the loan application but put both names on the title.

The credit may be claimed by either spouse for a maximum tax savings of $ 2,000, and you'll see the biggest benefit if one spouse has an income that's much higher than the other.

Insurers and their gorilla math have decided that that just because your business failed a few years back resulting in a bankruptcy; or you recently had an unpreventable emergency medical procedure blessing you with medical collections; or even if your spouse just forgot to send in the mortgage payment on time before they slapped you with a 30 day late, that you have a much higher chance of running over little old ladies on the road than others.

This 10 % penalty charge, however, may be waived even if you are younger than 59 years and 6 months if you are borrowing to buy your first house, paying for medical expenses due to a sudden disability, expenses for higher - education for self or your offspring, paying to avoid foreclosure or eviction, getting your house repaired after a natural calamity has damaged it, for funeral expenses of a spouse, parent or child, or your employment is terminated when you are 55 years of age.

Once enough quarters have been earned, the Federal spouse's own earned Social Security benefit will often be higher than the spousal benefit.

So if you happen to not be one of those who is able to negotiate a higher salary, or have parents or a spouse who is happy to support you, or have loads of savings or a pile of money that someone has bequeathed to you, and your debts are more than your yearly salary, and you have access to sufficient credit to cover all or a significant chunk of your student loans (and any other consumer debt), then bankruptcy after flipping the debt might be a good option for you.

If you have a spouse, partner or kids in a lower tax bracket than you, consider a prescribed rate loan strategy whereby the higher - income spouse or partner loans funds to the lower - income spouse or partner to invest at the record low prescribed rate, which is at one per cent until at least March 31.

Generally speaking, families where one person is a high - earner and the other spouse is a low - earner or not in the workforce fare better than couples who make similar incomes.