Sentences with phrase «income during your lifetime»

-LSB-...] passive income during your lifetimes.

* Some of you have wondered how you'll ever be able to create enough meaningful passive income during your lifetimes.

Rather, RMDs generally have the effect of producing taxable income during your lifetime.

Certain planned gifts can even provide income during your lifetime.

If you have a desire to extend your financial legacy over future generations and don't need the IRA assets for income during your lifetime, then this strategy may be appropriate for you.

My take home income during my lifetime will never be anywhere close to having the ability to pay this off.

Your attorney can guide you in selecting an estate gift that will maximize your tax benefits and may even be able to provide you with income during your lifetime.

It pays a regular stream of income during the lifetime of the annuitant and further continues for the life of the spouse after the death of the annuitant.

It pays a regular income during the lifetime of the annuitant and returns the single premium to the nominee on the death of the annuitant to take care of the family.

• Income during lifetime: Money back policy ensures that the insured party receives a sum every few years (usually 5 years) after the completion of the policy tenure.

Not exact matches

The decision to take a year - long maternity leave can lower a women's income over her lifetime, even if government and employer programs maintain a steady income during that leave.

While it can be profitable in the short term (especially during bull markets), it very rarely provides a lifetime of sustainable income or returns.

Even though I'll work and save for a lifetime in order to not have to work during my golden years — I know I'll always be looking for some way to actively create income.

Some of this gap in net assets also comes from the higher lifetime income of the household without student loan debt; though the indebted household begins their careers earning more, their income falls behind that of the debt - free household by its early 40s, and earns significantly less during the peak earning years of the mid-50s.

In making this type of a gift, the Dodds will receive steady, guaranteed lifetime payments from the annuity — a tax - advantaged way to provide income during their retirement as well as to support the school's mission.

To gauge whether your estimated withdrawals are likely to put you at risk of running out of money during your lifetime, you can check out this retirement income calculator.

Regarding the decisions about apporting assets among adult children (beneficiaries), there are several consideratikons: relative wealth of each beneficiary; age of each beneficiary, as a guide to life expectancy; other sources of income, if any, available to each beneficiary such as working spouse or likely inheritance and amount from spouse's parents; support and help rendered during lifetime, especially later years; # of young children and their ages for each beneficiary; relative need among beneficiaries to maintain a reasonable standard of living; and so on.

Members of the middle class may choose annuities as an investment because of the ease of use and guaranteed income that won't end during their lifetime.

Manage your taxable income properly and you can shave tens of thousands of dollars off your tax bill during your lifetime.

During the distribution phase of the contract, an fixed annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

During the distribution phase of the contract, a fixed annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

During the distribution phase of the contract, a variable annuity can be converted into a series of income payments for your entire lifetime, over a set time period — or one lump - sum payment.

If you're more concerned with capital preservation than you are with capital growth during your retirement years, you may want to consider an FIA to help provide for your guaranteed lifetime income.

Many Canadian testamentary trusts are set up to distribute income to a surviving spouse during his / her lifetime.

Another strategy to minimize income taxes on your RRSP / RRIF at death is to take annual withdrawals from your plan during your lifetime to maximize the income that will be taxed at low rates by forcing additional withdrawals in years you are in a lower tax bracket.

Another benefit of using a Credit Shelter Trust is that your surviving spouse retains the right to receive income from the trust during her lifetime, and can also access funds from it for health, education, maintenance and support reasons.

Income annuities are another way to guarantee a lifetime stream of income during your retirIncome annuities are another way to guarantee a lifetime stream of income during your retirincome during your retirement.

Income annuities provide a guaranteed lifetime stream of income during your retirIncome annuities provide a guaranteed lifetime stream of income during your retirincome during your retirement.

Some income riders grow at a contractually guaranteed rate during the deferral years for future lifetime income.

Most income riders guarantee an annual percentage growth during the deferral years, and that growth stops once you turn on the lifetime income stream.

These tools provide a stream of guaranteed lifetime income payments for later in retirement, no matter what happens with the rest of your savings during the coming years.

Eventually, when you withdraw the money to pay for your children's education, the income all those investments has generated won't get taxed, either — a tremendous benefit for any family that has been prudently saving during their children's lifetime.

An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured.

By: Roshawn Watson If you earn the median income in the U.S., you will earn in excess of $ 2 million during your working lifetime.

If you decide to make a charitable donation upon your death, you won't get an income tax deduction, which you could receive if you made the gift during your lifetime.

There is also an immediate annuity available that will «reset» your lifetime income payment 5 years after the contract issue date if interest rates have drastically moved up during that time period.

This option allows you to make Maddie's ® Shelter Medicien Program at Cornel the remainder beneficiary of a trust you create during your lifetime while retaining income for yourself and / or that of a second beneficiary.

Many feel that they have paid plenty of tax during their lifetimes, not least on income and most gains.

To increase income tax, stamp duty, council tax or any of the other taxes that directly impact people during their own lifetimes seems even more unfair than making estates pay a tax on large estates post death.

the settlor (and the settlor's spouse, if it's a joint partner trust) must be entitled to receive all the income arising during the settlor's lifetime (and the lifetime of the settlor's spouse, if it's a joint partner trust)

In determining the amount and duration of maintenance the court shall consider: (A) the income and property of the respective parties including marital property distributed pursuant to subdivision five of this part; (B) the duration of the marriage and the age and health of both parties; (C) the present and future earning capacity of both parties; (D) the ability of the party seeking maintenance to become self - supporting and, if applicable, the period of time and training necessary therefor; (E) reduced or lost lifetime earning capacity of the party seeking maintenance as a result of having foregone or delayed education, training, employment, or career opportunities during the marriage; (F) the presence of children of the marriage in the respective homes of the parties; (G) the tax consequences to each party; (H) contributions and services of the party seeking maintenance as a spouse, parent, wage earner and homemaker, and to the career or career potential of the other party; (I) the wasteful dissipation of marital property by either spouse; (J) any transfer or encumbrance made in contemplation of a matrimonial action without fair consideration; and (K) any other factor which the court shall expressly find to be just and proper.

Future Income Payment For variable annuity policies that have funded the Future Income Rider, a Future Income Payment is a fixed, periodic income payment made to the named Payee beginning on the Future Income Start Date, payable during the lifetime of the AnnuIncome Payment For variable annuity policies that have funded the Future Income Rider, a Future Income Payment is a fixed, periodic income payment made to the named Payee beginning on the Future Income Start Date, payable during the lifetime of the AnnuIncome Rider, a Future Income Payment is a fixed, periodic income payment made to the named Payee beginning on the Future Income Start Date, payable during the lifetime of the AnnuIncome Payment is a fixed, periodic income payment made to the named Payee beginning on the Future Income Start Date, payable during the lifetime of the Annuincome payment made to the named Payee beginning on the Future Income Start Date, payable during the lifetime of the AnnuIncome Start Date, payable during the lifetime of the Annuitant.

The main benefit is that the surviving spouse continues to have rights to the assets in the trust and any additional income generated by the trust during their lifetime.

Being a Permanent Life Insurance plan, Variable Life Insurance accumulates cash value and allows minimizing income tax exposure during lifetime and upon the insured's death.

Contact a New York Life agent today to learn about our lifetime income annuities * — they can help provide you with a steady income stream during retirement.

Members of the middle class may choose annuities as an investment because of the ease of use and guaranteed income that won't end during their lifetime.

4 Distributions from a life insurance policy in the character of partial surrenders (withdrawals) up to basis or policy loans will generally be income tax free, provided the policy does not violate Modified Endowment Contract (MEC) guidelines and the policy is not terminated during the lifetime of the insured.

An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured.

Distributions from a life insurance policy in the character of partial surrenders (withdrawals) up to basis or policy loans will generally be income tax - free, provided the policy does not violate Modified Endowment Contract (MEC) guidelines and the policy is not terminated during the lifetime of the insured.

The increasing death benefit is a desirable feature, but guaranteed lifetime income during retirement might be the primary goal for some retirees.