Sentences with phrase «income up to a maximum»

Generally, an individual's maximum contribution limit is calculated as the lesser of 18 % of the previous year's income up to the maximum amount for the current year MINUS your Pension Adjustment for the prior year and Past Service Pension Adjustment PLUS your Pension Adjustment Reversal.

If you are not a member of a registered pension plan (RRP) or deferred profit sharing plan (DPSP) through your employer, the RRSP contribution limit for 2016 is 18 % of your 2015 income up to a maximum of $ 25,370.

Your contribution limit for the year is 18 % of your prior year's income up to a maximum of $ 24,270 (as of 2014) plus any unused prior year's room.

Also keep in mind that EI is only a partial panacea for your reduced earnings: It's calculated at 55 % of your gross income up to a maximum amount set each year — in 2016, it's $ 537 per week based on $ 50,800 worth of insurable earnings.

Prior to June 1, 2016, if an individual is unable to work they can receive income replacement benefits reflecting 70 % of one's gross income up to a maximum of $ 400.00 per week.

If you can't work, you are entitled to 70 % of your income up to a maximum of $ 400 per week.

The sum insured is up to a limit of sixty times the monthly income up to a maximum of Rs. 10 lakhs.

The second one is an education allowance in which Rs 100 per month per child is exempted from income up to a maximum of two children.

In life insurance, the premium amount payable is deductible from taxable income up to a maximum amount of Rs. 1 lakh under section 80C.

Not exact matches

You get 55 percent of your income, up to a maximum of $ 51,300 (this amount increases slightly each year).

If your maximum income potential is not what you thought it was, either your prices have to go up or you have to reduce your costs (or both).

For tax year 2017, it's either 2.5 % of your total household income, or $ 695 per uninsured adult and $ 347.50 per uninsured child (up to a maximum of $ 2,085)-- whichever figure is higher.

A SEP IRA comes with a tax - deductible contribution limit equal to 25 percent of your income, up to a maximum of $ 55,000 for 2018.

Social Security income is not taxable in Delaware and can be subtracted from income, as can eligible income from a pension, up to a maximum of $ 2,000.

The proposal will allow couples to transfer up to $ 50,000 of taxable income to a spouse in a lower tax bracket up to a maximum benefit of $ 2,000.

Under the Canadian Income Tax laws, you are able to borrow up to $ 10,000 per year, to a maximum of $ 20,000, through the Lifelong Learning Program.

Of the $ 3.2 billion year - over-year improvement, budgetary revenues were up by $ 3.9 billion, primarily due to higher personal income tax revenues (up $ 3.4 billion, reflecting increases in employment and average wages) and employment insurance premiums (up $ 1.6 billion reflecting higher premium rates and an increase in maximum insurable earnings).

For every $ 100 of income over $ 166,800 you lose $ 3 of itemized deduction X 33.3 % up to a maximum loss of 80 percent of your itemized deductions.

Then, i will drive my new car until it no longer runs while putting all of my income (other than my house payments and basic food / budgeted expenses) into long term undervalued stocks with low P / E ratios and growth potential, and most importantly not ever taking that money out of the market — even after market declines, and making sure to match the maximum that my employer contributes into my roth IRA (as that is free money I would be a fool to pass up).

Turkish banks will normally allow a mortgage to be repaid up until the 75th birthday of the oldest applicant, but for every year the applicant is over the age of 60, the income used in the debt to income (DTI) calculation could be reduced accordingly by a lender's set scale, thereby reducing the maximum mortgage available.

Stock and bond ETNs work pretty much the same as their ETF equivalents, with long - term gains taxed at a maximum 23.8 % rate and short - term gains taxed as ordinary income at a rate up to 43.4 %.

When the employment «disregards» were cut, leaving her with only the mandatory work deduction of $ 50 (intended to make up for taxes, transportation and lunches), she was left with an income of only $ 377 ($ 150 above the maximum AFDC payment in Ohio for a family of four).

While the emphasis is firmly on innovation, this could include projects that break down the barriers to the development and take up of new products and services, that deliver innovative solutions to reduce energy demand in low - income households, or that join up existing schemes to bring maximum benefits for vulnerable households and the wider community.

For example, this could include projects that break down the barriers to the development or take up of new products and services; that deliver innovative solutions to demand reduction in low - income households; or that join up existing schemes and obligations to bring maximum benefit for vulnerable people and the wider community.

Another bill calls for increasing the maximum rate of the state income tax to 7.49 percent on the state's highest earners, up from the current maximum of 6.99 percent.

The legislation increases the original program size from $ 7 million to $ 15 million and the maximum award from $ 40,000 to $ 50,000 and expands eligibility to include all primary homeowners, as well as non-primary homeowners with income up to $ 275,000.

You have the option of investing up to the current annual maximum of $ 17,500 of your income.

Added bonus: whatever amount you decide to contribute each year (which can be up to the maximum for whatever account you open or nothing, if you happen to have a slim year), it's taken out of your taxable income amount, which means, hello tax break!

And since, in 2018, you're free to contribute 18 % of your earned income, up to a maximum of $ 26,230, you can reduce your income by a pretty decent chunk.

If you have a higher income, a larger portion of your Social Security is taxed (up to a maximum of 85 % of benefits may be taxable).

Traditional IRAs allow contribution of 100 % of compensation (self - employment income for sole proprietors and partners) up to a set maximum dollar amount.

For the 2017 tax year, a Canadian can contribute up to 18 % of his or her income per year, with a maximum of $ 26,010, to an RRSP.

For the 2017 tax year, a Canadian can contribute up to 18 % of his or her income to an RRSP up to a maximum of $ 26,010.

That lines up with the maximum amount of federal loans available to dependent students (those who rely on their parents» income information to fill out the FAFSA).

If you split up to $ 50,000 of income (i.e. your notional income is $ 90,000 and your spouse's notional income is $ 60,000), the maximum family tax cut of $ 2,000 is claimed, even though your notional combined federal taxes would be an estimated $ 5,000 less.

In general, most lenders will allow a maximum debt - to - income ratio of 43 % with some allowing up to 50 %, says Redmond.

The credit (up to a maximum of $ 2,000 per year) is based on the net reduction of federal tax that would be realized if up to $ 50,000 of the taxpayer's taxable income was transferred to a lower - income earning eligible spouse or common - law partner.

Canada Revenue Agency allows you to over-contribute, without penalty, to your RRSP up to a lifetime maximum of $ 2,000, as long as there is a possibility that you will have enough earned income to allow for the contribution in future years.

Conservatives: Increase parental leave to 18 months, allowing parents to take up to six months of additional unpaid leave; allow self - employed parents to earn money without impacting EI payments; offer choice between full parental leave EI payments for 35 weeks, or extend those payments, at a lesser rate, for up to a maximum of 61 weeks; women receiving EI maternity benefits will also be able to earn employment income under the Working While on Claim pilot project (this is currently permitted for those receiving EI parental benefits).

Runchey says some of the larger discrepancies occur where the Service Canada estimates assume that you continue to make maximum contributions but instead you retire, stop contributing, defer on CPP benefits and have also used up all your standard low - income «drop - out» years.

With a 529 you pay no federal taxes on the investment earnings and many states also allow income tax deductions up to a maximum contribution amount.

Notes: Income up to $ 19,982 is shielded from federal taxes by the basic personal credit ($ 11,038), age credit for being 65 + ($ 6,854), and the maximum pension income credit ($ 2,000 from an employer pension, or if you're 65 or older, from a RRIF or registered annIncome up to $ 19,982 is shielded from federal taxes by the basic personal credit ($ 11,038), age credit for being 65 + ($ 6,854), and the maximum pension income credit ($ 2,000 from an employer pension, or if you're 65 or older, from a RRIF or registered annincome credit ($ 2,000 from an employer pension, or if you're 65 or older, from a RRIF or registered annuity).

Also, typically STD will cover some percentage of your covered pay (sometimes including commission / bonus income) up to some weekly maximum.

If you are a relatively high net - worth investor with a large fixed - income allocation in IRA accounts, you might consider opening up IRA CDs at each of the institutions mentioned here, up to the maximum federal insurance limits.

Each dollar of income that exceeds the threshold reduces your itemized deceptions by $.03, up to a maximum of an 80 % reduction of your itemized deductions.

DOCTOR PROGRAM FEATURES: • Up to 95 % financing with lender paid mortgage insurance for loan amounts up to $ 850,000 • Up to 89 % financing with no mortgage insurance • $ 1 million maximum loan amount ***** We also have a 80/10/10 to allows us to almost make all loan amount attainable ***** • Student loan debt deferred for at least 12 Months excluded from debt - to - income ratio • Construction - to - permanent financing eligibility — maximum 89 % financing • Primary residence only • PUDs and Condos 720 Minimum Credit Score — Doctor Loan only LTV / = 90 % maximum DTI is 40Up to 95 % financing with lender paid mortgage insurance for loan amounts up to $ 850,000 • Up to 89 % financing with no mortgage insurance • $ 1 million maximum loan amount ***** We also have a 80/10/10 to allows us to almost make all loan amount attainable ***** • Student loan debt deferred for at least 12 Months excluded from debt - to - income ratio • Construction - to - permanent financing eligibility — maximum 89 % financing • Primary residence only • PUDs and Condos 720 Minimum Credit Score — Doctor Loan only LTV / = 90 % maximum DTI is 40up to $ 850,000 • Up to 89 % financing with no mortgage insurance • $ 1 million maximum loan amount ***** We also have a 80/10/10 to allows us to almost make all loan amount attainable ***** • Student loan debt deferred for at least 12 Months excluded from debt - to - income ratio • Construction - to - permanent financing eligibility — maximum 89 % financing • Primary residence only • PUDs and Condos 720 Minimum Credit Score — Doctor Loan only LTV / = 90 % maximum DTI is 40Up to 89 % financing with no mortgage insurance • $ 1 million maximum loan amount ***** We also have a 80/10/10 to allows us to almost make all loan amount attainable ***** • Student loan debt deferred for at least 12 Months excluded from debt - to - income ratio • Construction - to - permanent financing eligibility — maximum 89 % financing • Primary residence only • PUDs and Condos 720 Minimum Credit Score — Doctor Loan only LTV / = 90 % maximum DTI is 40 %

In some cases, home buyers using the FHA loan program can have up to 50 % debt - to - income, at a maximum.

Most relevant for low - income borrowers are mandatory administrative forbearances for up to five years in cases where the borrower will not be able to repay the loan within the maximum repayment term.

the interest rate a bond's issuer promises to pay to the bondholder until maturity, or other redemption event, generally expressed as an annual percentage of the bond's face value; for example, a bond with a 10 % coupon will pay $ 100 per $ 1000 of the bond's face value per year, subject to credit risk; when searching Fidelity's secondary market fixed income offerings, customers can enter a minimum coupon, maximum coupon, or enter both to specify a range and refine their search; when viewing Fidelity's fixed - income search results pages, the term «Step - Up» instead of a numeric coupon rate means the coupon will step up, or increase over time at pre-determined rates and dates in the future; clicking Step - Up will reveal the step - up schedule for that securiUp» instead of a numeric coupon rate means the coupon will step up, or increase over time at pre-determined rates and dates in the future; clicking Step - Up will reveal the step - up schedule for that securiup, or increase over time at pre-determined rates and dates in the future; clicking Step - Up will reveal the step - up schedule for that securiUp will reveal the step - up schedule for that securiup schedule for that security

The income benefit period maximum is 3 years, with an additional extended long - term care benefits option that lasts up to 4 years.