Sentences with phrase «income pushed us over»

I'm grateful I started contributing the year they became available because when I got married my wife's income pushed us over the limit.

Not exact matches

Over the past several years, quantitative easing has taken money originally allocated for bonds, fixed income, and designated fixed return, and pushed it to take risks.
Depending on the structure of the taxable investment income, he could be pushed over the threshold of about $ 75,000 for the start of the OAS clawback.
On the basis of valuation measures most tightly related to actual subsequent long - term market returns, we also estimate that the S&P 500 is likely to be lower 12 years from now, compared with current levels, though dividend income may push the total return just over zero on that horizon.
Employees, typically unaware of cashout options, choose the glossy brochure pushing for higher returns over the less understood income stream.
The City will leverage Project - Based Section 8 vouchers to make housing affordable to those seniors whose income remains stagnant or declines over time, and will continue to push for expanding income eligibility in the SCRIE program.
And the data showing the increased number of children in low - income households pushed NYC schools over the threshold so that every student could receive free lunches under the federal program.
The Council's pay raise package may face a floor fight today over a push to loosen its prohibition on outside income.
There was his burning passion, the quality that pushed Cuomo from his first - generation Italian immigrants parents» grocery store in Queens to law school to mediating an ugly dispute over low - income housing.
In interviews with over a dozen state committee members, Capital heard common frustration with Cuomo's fiscal record — he blocked an income tax hike on wealthy city residents, cut corporate taxes, reduced school aid in 2011 (and slowly dialed it back up), reduced pensions for newly hired public workers and pushed for a cap on local property tax increases.
A central part of the plan to push back the decline of Catholic education is to treat the city's successful charter school sector as a model, rather than a competitor, although charter schools have been contributing to the Catholic sector's population drain by attracting low - income families who choose a free charter over a tuition - based parochial school.
De Blasio promised to fund universal pre-K in New York City with a tax hike of about 0.5 percentage points on incomes of over half a million dollars each year, but hasn't been able to push that through the legislature in Albany (which must sign off on all NYC tax increases).
And with over 190 million inhabitants, Brazil's general population growth pushes lower - income people to the borders of affluent city centers, making the differences in socio - economic status even more obvious.
We recommend working with your tax advisor to determine how much you can convert to a Roth IRA in 2010 without pushing your income into a higher tax bracket over the next two year.
Most importantly, this purchase pushes my forward annual income over the $ 1k mark.
If your child care expense pushes your debt - to - income ratio over the approved limits, you have a couple options:
Its 40:60 rate means if repayments on a new loan push total debt repayments over 40 % of income, then it is deemed too expensive.
They push the benefits of a reverse mortgage for homeowners over 62: pay off your existing mortgage, supplement your income, pay for healthcare expenses, and more.
However, its sister company, Navient, was sued in January by the Consumer Financial Protection Bureau and several state attorneys general, over allegations that it pushed students into forbearance instead of enrolling them into money - saving income - contingent repayment plans.
Although if you add fixed income transactions such as buying GICs, then that may push me over 20 total transactions.
And sometimes, cosigning a loan can push your debt - to - income ratio over the limit allowed by a mortgage lender, which means you're unable to get a mortgage until this debt is no longer in your name.
It often pushes these graduates» debt - to - income ratio over 43 percent, making many lenders unwilling to work with them.
Fears over long - term income shortfalls are why insurance salesman pushing complex, expensive «guaranteed lifetime income» variable annuities have so much success preying on unsuspecting retirees.
For instance, if your income over the next few years pushes you into a higher capital gains rate, you might have an opportunity to save on taxes.
CGY is giving a nice push over my dividend income.
Even though the payout of a life insurance policy won't be hit with income tax, if the money gained from your policy pushes you over the estate tax threshold (which was placed at $ 5.49 million in 2017), any money in your estate above that threshold will get hit with the estate tax upon your death.
This large company saw net incomes of more than $ 144 million last year alone, with total revenues pushing over $ 1.7 billion.
So, for example, if you decide to sell some other property and experiece a large enough gain, or if another investment generates signifivant taxable income, those external events may push you over certain threshholds that make you subject to the so - called «medicare tax» (aka NIIT), or increased capital gains taxes.
«The lack of supply over the past year has been eye - opening, and is why, even with strong job creation pushing wages higher, home price gains — at 5.8 percent nationally in 2017 — doubled the pace of income growth and were even swifter in several markets,» says Yun.
More than 300,000 contacts over two Calls for Action to members of Congress enabled us to improve on the original blueprint, For example, we pushed to maintain deductibility of state and local income and property taxes up to $ 10,000 and to keep Section 1031 tax - deferred exchanges in their present form for real estate investments.
According to the National Association of Realtors, the FHA's higher mortgage premiums pushed 1.5 million renters over a sustainable debt - to - income level to qualify for a home loan in 2013.
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