Sentences with phrase «in a lump sum of»

95 per month but must be paid in lump sum of $ 239.

QUESTION: Nigel says his father just received his retirement in a lump sum of $ 90,000.

We will pay this benefit in a lump sum of $ 10,000 if you become Comatose within 31 days of a Covered Accident or Sickness and remain in a Coma for at least 31 days.

Not exact matches

• About 16 per cent of mortgage holders increased their mortgages payments in 2016 and 18 per cent made an additional lump sum payment in the last year.

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through theIn some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through thein which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

CSA Financing Community supported agriculture, or CSA, programs were first popularized by eco-conscious foodies; they pay local farmers a lump sum at the beginning of the year in exchange for regular deliveries of produce.

«There are serious financial consequences down the road for taking the money in a lump sum now,» said Gerri Walsh, FINRA's senior vice president of investor education.

In its simplest and least expensive form (often called a «simple income annuity»), an annuity gets you a potentially riskless stream of income: You give an insurer a lump sum, and in exchange you get a lifetime of payouts, akin to Social Security checkIn its simplest and least expensive form (often called a «simple income annuity»), an annuity gets you a potentially riskless stream of income: You give an insurer a lump sum, and in exchange you get a lifetime of payouts, akin to Social Security checkin exchange you get a lifetime of payouts, akin to Social Security checks.

These are financial products that provide you with a series of monthly payments in exchange for one lump - sum purchase, and some of them promise that regular income for life.

The advance is a lump - sum given in exchange for a percentage of future debit and credit card sales.

For example, some companies may prefer to receive the loan proceeds in three increments instead of in a lump sum.

If there's a winner or winners in Wednesday's drawing, they will be given a choice of how to take the money: as an annuity or as a lump sum.

In addition to comparing the annuity with the lump sum, there's also the big caveat of taxes.

Here you have one major advantage over the home owner: You can open the account right away and begin collecting interest instead of piling up a lump sum in savings.

(The difference is that in home equity loan, the bank provides a lump sum, often for a specific purpose, whereas a line of credit is much like a credit card — available credit for you to use when you need it.)

What it really means: When investors fund a startup a little bit at a time instead of in a lump sum.

You give an insurance company money in a lump sum or in payments over a period of years, then at retirement, the cash gets «annuitized,» or paid out in a string of payments based on your life expectancy.

Unlike purchase arrangements at other carriers, Sprint's leases require the customer to turn their iPhone in at the end of the 18 - month term or make a lump sum payment (customers can also upgrade their phone after 12 months).

Converting a typical U.S. monthly rate to a lump - sum premium using the rate schedule of PMI Group, the second - largest mortgage insurance firm in the U.S., an American customer with a fixed - rate 25 - year mortgage can expect to pay 1.15 % of the loan value to insure a mortgage with 10 % down.

For example, customers can use consumer credit to pay off large ticket items or a holiday shopping spree over the course of a couple months rather than in one lump sum.

Guidant CEO David Nilssen recommends giving clients incentives to pay in lump sums rather than installments during the first few years of business.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.

The value of the vested Account balance in the Cash Balance Plan is payable to the team member at any time after termination of employment in either a lump sum or an actuarially equivalent monthly annuity as provided under the Cash Balance Plan and as elected by the team member.

You could buy a 5 - year MYGA, for example, for a lump sum payment of $ 75,000 that's currently sitting in a low - interest savings account, to guarantee a steady stream of income for the next five years.

Shkreli eventually persuaded Blanton to resolve his MSMB claims via a consulting agreement with Retrophin dated March 6, 2014, under which Blanton was to receive 200,000 shares of Retrophin stock in a lump sum (the «Blanton Consulting Agreement»).

In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.

If withdrawn in a lump sum at the end of 30 years, the pre-tax amount from the tax - deferred accumulation would be $ 430,762 and $ 331,149 after taxes were paid.

If you withdrew that amount in a lump sum at the end of 30 years and paid taxes at that time, you'd receive $ 331,149 — still significantly more than the $ 266,740 in the taxable account.

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

Another method is to let the dividends accumulate in cash and reinvest them in a lump sum into an investment of your choosing.

With this option, you can get out of paying monthly private mortgage insurance by opting for a higher interest rate at closing, or by paying all your PMI in one lump sum at closing.

«Automate your savings out of every paycheck, rather than putting lump sums in when you get around to it,» Pavini said.

A term loan involves a fixed amount of funds, which the business receives in a lump sum once the loan is approved.

Loans can be prepaid at any time with a rebate of unearned fees, repaid in installments, or repaid in one lump sum.

Here you have one major advantage over the homeowner: You can open the account right away and begin collecting interest instead of piling up a lump sum in savings.

In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.

It can be difficult to have the correct perspective when you are following the markets on a daily basis, but most average investors don't have to worry about this type of lump - sum, point - in - time investment performance.

According to the Boston College study, in 2010, 45 percent of workers who took a lump sum distribution from their 401 (k) when switching jobs did not roll over the money to an IRA, simply cashing out the account and paying taxes on the distribution.

Contributing to your RRSP throughout the year rather than with a lump - sum purchase the last week of February has many benefits: automatic savings helps with cash flow management and it's less painful than having to find money for your contribution in February.

Another example would be a young widow with small children receiving a lump - sum settlement from her husband's life insurance policy and can not risk losing the principal; although growth would be nice, the need for cash in hand for living expenses is of primary importance.

When asked for a sum total of how much he plans to save, Tony explained how he views retirement as a new phase in life, not just an event with a single lump sum.

A recent MetLife survey * highlighted how this choice shakes out when it comes to retirement: One in five retirees who took their pension or defined contribution plan, such as a 401 (k), as a lump sum depleted it in an average of 5 1/2 years.

Some 18 per cent of respondents said they had increased their payments in the past year and 16 per cent said they had made lump sum payments.

Research from Vanguard shows that an «immediate» lump - sum amount in a portfolio that includes a 60/40 mix of stocks and bonds outperformed dollar - cost averaging by a margin of 2.4 percentage points on average during a 12 - month period.

I'm talking about real income in your pocket... lump sums of actual cash you can use for whatever you like.

You purchase the contract for a specific amount of money, either through a lump sum or periodic payments, and in exchange, the insurer agrees to pay you a set amount on a recurring basis.

When withdrawals are deducted from the investment portfolio in a SWR model, these are usually done in a lump sum at the start of the year (month).

With an income annuity, you give the insurance company a lump sum in exchange for a guaranteed stream of income.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.