Sentences with phrase «instead of a lump sum payment»

Where there is a profit share split, instead of an lump sum payment?

For this reason, receiving installments instead of a lump sum payment typically means declaring your life insurance proceeds and paying tax on a portion of them.

Some insurers offer monthly payouts instead of a lump sum payment.

Not exact matches

Instead of receiving annual grazing fees, the federal government would receive an equivalent lump - sum payment.

Instead of paying a large lump sum on an annual or semi-annual basis, these fees are automatically consolidated into your monthly mortgage payment so you don't even have to think about it.

«And doing that enabled us to better manage our cash flow, and our resources, and our work schedules, and our efficiency because we were now doing more work throughout the year and receiving more payments throughout the year, instead of large lump sums at the same time of every year,» says Kendrick.

These few authors have effectively negotiated the receipt of huge lump - sum payments for their books, instead of whatever nominal royalty rates are specified in their contracts (to avoid triggering escalator clauses).

And by putting that cash to use paying down your student loans over the course of the year (instead of waiting and making a lump sum payment all at once come tax season) you'll save even more money by slashing away at the principal.

You can pay down a lump sum, like $ 5000 or $ 10,000 toward principle, and instead of ending the mortgage early, lower the payment.

However, instead of receiving a deferment or forbearance during your volunteer service and then using your Peace Corps transition payment or Segal Education Award to make a lump - sum payment on your loans, you could choose to make qualifying PSLF payments during your volunteer service.

Unless you need for a large sum of money upfront, it is recommended that you configure your loan payment as a line of credit or as monthly payments instead of a lump sum.

If you do not request a deferment or forbearance and instead make payments under an income - driven plan during your Peace Corps or AmeriCorps service, you could possibly receive credit for a larger number of qualifying PSLF payments than you would if you received a deferment or forbearance and then used your Peace Corps transition payment or Segal Education Award to make a lump - sum payment on your Direct Loans.

Instead of an interest payment of $ 16,600, you have a lump sum amount of $ 15,247 to apply toward your loan balance, lowering the balance to $ 34,000 and some change and a total interest of $ 11,547.

The repayment plan takes other financial commitments into consideration and instead of making a huge lump sum payment, you can make small installments.

According to the Law Dictionary, if you decide to receive annuity payments instead of receiving a lump sum, you can receive your first payment as quickly as 10 days after the claim is processed.

Many seniors take out reverse mortgages as open credit lines, instead of taking cash in a lump sum or payments, because when you set up a reverse mortgage this way, the amount you can borrow increases each year.

Installments are a series of payments instead of one lump sum payment.

For example, if you borrow 100K at 5 % for 30 years instead of at 4.5 % for 15 years, and invest the difference in payment ($ 228 per month) at 6 %, after 15 years, you will have a lump sum of $ 66300, and will still owe $ 67,800.

This credit does not have monthly payments of a set figure, but instead is due all at once in a lump sum payment of the full amount owed.

A new issue of stock sold with the obligation that buyers will pay the issue price in a specified series of instalment payments instead of one lump sum payment.

This enables Fairfield Funding's clients to access lump sums of cash instead of waiting for payments that are spread out over months or years.

Annuity.org is a Florida - based company that buys annuities and structured settlements from people who would rather receive lump sums of cash instead of monthly payments spread out over several years.

It may have been from a Defined Contribution (DC) pension plan where you bought mutual funds during your employment or it may have been from a Defined Benefit (DB) pension plan where you chose a lump - sum payout instead of a future monthly pension payment.

And instead of a monthly payment, we paid a lump sum to our house's owner at the beginning of each year (at the owner's request).

Instead of you making monthly mortgage payments, the lender pays you in the form of fixed monthly payments for the rest of your life, or as a lump sum or a line of credit that can be tapped when needed (up to a certain limit).

Cash - In: Instead of a cash - out, you pay a lump sum at the start of a new mortgage, lowering both the balance and the monthly payment afterward.

You will also be paying off one lump sum in a fixed timeframe, instead of paying various lenders various amounts on differing payment schedules.

The benefits of the SPIA annuity will also include the tax deferral that is derived from receiving income in payments instead of in one large lump sum.

Instead of a one - time lump sum repayment, you'll make three equal monthly payments, with one payment each month.

With setting up recurring payments with Stripe et all, that would be potentially multiple small payments the patron had to deal with every single month, instead of one lump sum.

It did not directly restrict the associate's competitive activities but instead imposed lump sum payments if the associate competed with the clinic within a 25 - mile radius of the clinic in the Creston area.

The family income ensures a reliable source of funds with pre-determined monthly installments instead of a single lump - sum payment.

If the death benefit face value is $ 250,000 (for example), and the beneficiary elects to receive monthly payments instead of the lump sum amount, the additional interest received above the $ 250,000 face amount is taxable.

According to the Law Dictionary, if you decide to receive annuity payments instead of receiving a lump sum, you can receive your first payment as quickly as 10 days after the claim is processed.

There are mortgage protection plans that can also pay your monthly mortgage payments instead of just one lump sum, in some cases you can be covered for up to 2 years.

It works like other whole life insurance policies, except that instead of paying an annual or monthly premium, the owner only needs to pay once in a lump sum single premium payment.

These plans are so designed that instead of providing a lump sum amount on maturity, as most insurance plans do, this plan provides a stream of payments post maturity up until the policyholder is alive.

It is the process by which all or part of a lump sum is converted into regular payments instead of a lump sum.

Instead of your child receiving a lump sum that could easily be squandered you set the payment over ten years.

Instead of getting a lump sum payment on the death of the policyholder, there can be a series of payments in addition to the lump sum.

The idea of streaming money is that instead of making lump - sum payments for various services, it may one day be possible to pay for services, per minute or even per second.

It means that instead of receiving ongoing payments, you or your ex-partner would receive a final lump sum payment through a clean break order.

Or, if the receiving parent has to make urgent repairs to their home, the paying parent could help with the cost by paying a lump sum, instead of their regular payments.

Payment Plans Many colleges offer monthly installment plans that stretch out payments over the course of a year or several years instead of requiring a lump sum before classes start.

Unless you need for a large sum of money upfront, it is recommended that you configure your loan payment as a line of credit or as monthly payments instead of a lump sum.

Are you selling your property with owner financing, and would like to receive LUMP SUM CASH NOW, instead of payment trickling in monthly?

There are many reasons such as you have an emergency and you need a lump - sum payment, instead of monthly payments.

Seller financing is where you work with the seller themselves who will sell the property to you... but instead of getting a lump sum for the property, they simply take ongoing payments until it's all paid off.

An escrow account lets you pay your homeowner's insurance and property taxes monthly as part of your mortgage payment, instead of in a large lump sum.