Sentences with phrase «income dies with»

If you die, your income dies with you.

When you die, your income dies with you.

Not exact matches

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

But again, with a Roth, you aren't subject to minimum distributions and if you leave a Roth behind when you die, your heirs can stretch out their own income free tax distributions.

On behalf of those who are not, those who are ought to be malcontent with the scandalous American toleration of dying (as opposed to living) wages, the widening income gap and the inability of millions to afford decent health care.

The kind of broke when businesses and economies slump, dragging incomes down with them, when babies are born without insurance and ginormous hospital bills go unpaid for far too long and interest heaps on, when businesses die and new jobs can't be found, when mortgages can only be covered by the good grace of family members, and when food is bought on credit or gift cards from kind friends.

exactly lets all ley down and die because the board is happy with the income and don't much care for big titles because of the financial cost, and why should they care when the likes of you Budd sport them unconditionally,

My guess is that he'll die before they hit 10 years of marriage to qualify for his SS, she'll get left with medical bills, a huge mortgage, and no income — after sacrificing her life to care for them.

In the process, the vehicle crushed with an incoming bus with registration number GM 5383 - 12, Sixteen people including both drivers died on the spot and several people were injured and were rushed to Tamale Teaching Hospital for treatment», he added.

According to the World Health Organization (WHO), 150,000 children with HIV under 15 years of age died of opportunistic infections in low - to - middle income countries in 2014 alone.

Writing in a linked Comment, Professor Peter Byass, Umeå Centre for Global Health Research says «Undoubtedly child mortality is falling, and the world should be proud of this progress» but he adds»... Of the estimated six million under - 5 child deaths in 2015, only a small proportion were adequately documented at the individual level, with particularly low proportions evident in low - income and middle - income countries, where most childhood deaths occur... That six million under - 5 children continue to die every year in our 21st century world is unacceptable, but even worse is that we seem collectively unable to count, and hence be accountable for, most of those individual deaths.»

«Our findings indicate that sexual minorities living in communities with higher levels of prejudice die sooner than sexual minorities living in low - prejudice communities, and that these effects are independent of established risk factors for mortality, including household income, education, gender, ethnicity, and age, as well as the average income and education level of residents in the communities where the respondents lived,» said Dr. Hatzenbuehler.

Researchers at the Mayo Clinic, studying medical records of heart attack patients from its home base of Olmsted County, Minn., report that those with lower incomes and less education were more likely to die after the attack than their more affluent, educated counterparts.

Even if iPads die out in 10 - 15 years, Kindle Fires can go on for a further 10 years just by selling to people with lower incomes.

For a couple with no other income, when one spouse dies the GIS benefit doesn't drop in half, although it may drop by roughly a quarter.

Whole Life (or Cash Value) Insurance ads another element to the equation beyond providing your loved ones with income in the event that you die.

The agreement with your fund determines whether you can change a non-account based income stream into a lump sum and whether you can leave any super to a beneficiary when you die.

(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lump — sum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.

This is exactly the purpose that a QLAC or any income annuity serves, with one major added benefit: the annuity will continue to make payments until you die.

You typically lose access to the money once you've invested it, which means it's no longer available for emergencies and such, and if you die soon after investing you could end up with very little income, or even none in the case of a longevity annuity.

You might be able to buy a policy with a lower payout if you have enough other assets, insurance policies or your family will have other sources of income if you die.

Life insurance replaces this income, so you can die with the peace of mind that your loved ones will still have their needs met.

Several of the life insurance riders described above can provide you or your beneficiaries with extra coverage so that the student loan can still be paid if you die unexpectedly, or if you become critically ill or disabled and can no longer earn an income.

He unexpectedly dies but because they live in a community - property state and John paid premiums with «jointly owned» income, Jane automatically receives half of the death benefit, with the remaining half going to John's parents, even though she wasn't listed on the policy.

This is exactly the purpose that a SPIA or any income annuity serves, with one major added benefit: the annuity will continue to make payments until you die.

I am a 27 year old male with no dependents, not married, $ 60,000 / year income, and a poor family health history (Dad died of heart attack, mom of cancer, 3 living brothers with heart attack, diabetes,...

Amidst the mayhem you must remain calm and try to pick out every little incoming assault, because each time you die you respawn with a much lower maximum health, and a third death equals game over, forcing you to restart the stage.

With people being taxed throughout their life on their income and capital gains, being charged on the amount they leave behind for loved ones when they die is one step too far for many.

When one spouse dies, the pension income may stop, leaving the surviving spouse with little or no income to continue paying their ongoing living expenses.

Life Income with Period Certain (If you die during the Period Certain, payments continue to your named beneficiary)

Annuity, Period Certain A contract providing income for a definite and specified period of time, with payment going to a designated beneficiary if the annuitant dies prior to the end of that period.

If he dies with the policy in force, his beneficiaries will receive the $ 1,500,000 federal income tax - free.

Annuity Certain A contract providing income for a definite and specified period of time, with payment going to a designated beneficiary if the annuitant dies prior to the end of that period.

If your spouse works, and your family depends on both incomes, the worst case scenario is that you both die at once — leaving your children with no support at all.

In a normal life insurance policy, once the insured dies the benefit passes to the beneficiaries with no issue and no income tax.

Should you die, the financial impact on your dependents is the loss of your income as well as the immediate expenses associated with your death.

If that person dies unexpectedly, their income will vanish along with their physical presence.

If you die prematurely, it's your life insurance that can provide your dependents with the ongoing income they'll need to live on when your income ceases to exist, as well as immediate funds to cover your final expenses.

A life insurance policy is designed to pay out a cash lump sum if the person (s) insured dies during the term of the plan; this will guarantee that the beneficiaries will not be faced with financial difficulties even though they now face a loss of income.

In the case that you die, this would be your way of providing them with income to help take care of your relative.

The best way to lay the groundwork for your child's financial future is to make sure that as parents you have a will, a living revocable trust, and the proper life insurance policy (I recommend term insurance with a death benefit equal to 20 times the income you want to replace if you die) in place in case something happens to you while your child or children are young.

«Second - to - die can be used to help pay estate taxes and / or to provide a financial legacy to children, while first - to - die is more suited for young couples with children — to replace lost income or services provided by the deceased parent.»

With term life insurance, a death benefit will be paid out (free of income taxation) if the insured should die while the policy is still in force.

It provides employees» loved ones with a little additional income if the employee dies.

40 % of U.S. households with children under the age of 18 would struggle financially if the primary income earner died

With a single life annuity, the income stops when you die, and the initial amount invested belongs to the insurance company.

However, an important note in regards to certain federally - backed loans such as Direct PLUS Loans for parents is that while the loans will be discharged if their child dies, the amount that was discharged will be treated as taxable income and the parents may be hit with a large tax bill.

If you want the same policy to cover other obligations, like replacing your income if you die, you would buy a policy with a longer term and a higher amount.

What product is best for you will depend on a myriad of things, including if you are a business owner (such as key man life insurance, or for funding a buy - sell agreement with life insurance), planning for your estate, or simply looking to cover your income if you were to die prematurely.

If you die prematurely, life insurance guarantees your dependents with a continuing stream income to replace yours - until they can live without it.