Sentences with phrase «into the savings portion»

With a life insurance endowment plan, part of your premium goes toward the term life insurance and the other part goes into the savings portion of the policy.

Allows you to decide how much of your premium will go toward insurance, and how much will go into the savings portion; and

Not exact matches

HSA's allow individuals to divert a portion of their income into a savings account, providing a cushion of pre-tax dollars for when health costs do come up.

By choosing to pay themselves first — which you can do, too, by diverting a portion of your paycheck into a savings account or scheduling auto - transfers from checking to savings — wealthy people reliably hit their targets, while also learning to delay gratification and avoiding wealth busters like credit card debt.

Which is why I contend it makes more sense to think of an immediate annuity as part of a comprehensive retirement income plan that works as follows: Put a portion of your savings into the annuity and opt for the highest monthly payment.

It may make sense to contribute a portion of your savings into Roth accounts or even convert some retirement funds to Roth IRAs.

A fixed income annuity provides you, or you and your spouse, with guaranteed1 income by turning a portion of your savings into a stream of income payments for the rest of your life or a set period of time.

The Income Solutions platform is designed specifically for investors who want to convert a portion of retirement savings into a reliable income stream to supplement other income.

In the services area, HR, finance, IT, production, printing, packaging, transportation, distribution, all of that will be consolidated, and there'll be a lot of opportunity to take those savings and reinvest a portion of them back into what we believe are two essential areas of the business that we tend to invest more in than most: our newsrooms and our local ad sales.»

Based on Morgan Stanley's analysis of transcripts, approximately 44 % of companies have indicated that they plan to put a portion of their tax savings into capital expenditures, higher wages and other investments for growth.

A 401 (k) is a type of workplace retirement savings plan that allows employees to contribute a portion of their income with pre-tax dollars into their own retirement investment account.

In other words, QE benefited the wealthiest portion of the population, which dominates stock - ownership, while the bottom - 90 % of the population increasingly has been forced to dig into their savings to help meet non-discretionary expenses, such as food, energy and housing.

The groups «want to ensure that a significant portion of state savings from staff attrition and facility closures is reinvested into local communities to boost nonprofit services.»

Taking into account that a large portion of the high cost of textbooks is borne out of the researching and writing of the original book, being able to spare the expense of the finished paper product can translate into a measurable amount of savings for the publishers.

If some portion of your very first paycheck is automatically diverted into your savings plan, you won't miss what you never had.

If you decide that putting a portion of your savings into immediate annuity in return for lifetime income is the right choice for you, then the next step is identifying an annuity (or annuities, as the case may be) that can provide the right combination of income and security.

Similarly, recent research from Employee Benefit Research Institute economist Jack VanDerhei suggests that many Boomers and GenXers may be able to boost their retirement prospects by putting a portion of their savings into a type of annuity that doesn't begin making payouts until the later stages of retirement.

Arrange for automatic transfers into your savings account on payday or directly deposit a portion of your check into savings.

That's why it may be a great time for you to consider a Brighthouse Financial variable annuity with the optional FlexChoice Access living benefit rider, which lets you turn a portion of retirement savings into guaranteed income that lasts for life.

Then, each time you get paid, place a small portion of it directly into your savings account.

Says former MuchMusic VJ Jennifer Hollett: «I worked with a financial planner to figure out how much I'd need to take a year off, and then I set up a system whereby a portion of my paycheques automatically went into a special savings account.

Look for ways to enhance income, such as delaying Social Security payout or putting a portion of savings into a guaranteed income source, like an annuity.

Chime actually has already paired up with Stash, Acorns, and Robinhood, and even allows you to set up your paycheck with a portion going directly into your Chime savings account.

A good number of families start by just having a portion of each paycheck automatically deposited into a separate savings account.

Well, when you invest a portion of your savings in an immediate annuity, you are converting assets into monthly income guaranteed to last as long as you live.

Kelli is aware of the MYGA's annuitization option and thinks it might be a good way to convert a portion of her retirement savings into lifetime income.

Consider setting up an automatic transfer from your checking account to your savings account each pay period, or arrange for a portion of each paycheck to be deposited directly into your savings account.

But if you want more assured income than Social Security alone can provide, then putting a portion of your savings into an immediate annuity may make sense.

Now, what I'm thinking of doing is putting a portion of my cash savings into I - Bonds every year.

With Whole Life Insurance, a portion of your monthly premiums goes into a separate savings account that «appreciates» in value over time.

But if you follow the strategy I mentioned above and put only a portion of your savings into an annuity and invest the remainder in a portfolio of stock and bond funds, you would still have assets that you could pass along to your heirs, assuming you manage withdrawals from your portfolio so you don't deplete it too soon.

Have you considered moving a portion of that $ 20k / $ 30k goal into an investment account instead of savings?

But once you get cash flow you can then take a portion and place it into a tax favored savings vehicle, a properly designed strategic banking policy.

But if you really want to turn a portion of your nest egg into something that approximates a pension — a specific amount of money you can count on month in and month out for the rest of your life — then I suggest you suspend your wariness about annuities long enough to at least consider a type of annuity that's easier to understand, less prone to the abuses that are too often associated with annuities and is very efficient at turning savings into assured lifetime income — namely, an immediate annuity.

But while the strategy you suggest — putting a portion of your savings into a bond fund and living off the income and other distributions — might work, it also has some drawbacks.

Only a small portion of your total spending has to fall into the 5 % bonus categories of rotating cash back cards in order for their savings to be better than a flat rate credit card.

The Income Solutions platform is designed specifically for investors who want to convert a portion of retirement savings into a reliable income stream to supplement other income.

In addition, you can utilize cash value life insurance as a tax - free savings tool vs. saving a portion of your paycheck and placing it into a taxed savings account, or fee - laden and taxed investment account.

In fact, most seniors have lost such a significant portion of their retirement savings that they aren't even capable of looking into retirement any time soon.

Have a portion of your paycheck go directly into a high interest savings account.

If you decide you want to put a portion of your savings into an immediate annuity or a longevity annuity, make sure to get quotes from several insurers, as payments can easily vary from one company to another by 8 % to 10 %.

Deposit a small portion of your paycheck each pay period into your account to build your savings over time.

My husband and I are in our 60s and are considering putting a portion of our savings into an annuity.

If your Direct Deposit goes into your savings or money market account and you frequently transfer money from that account as needed via phone or Personal Internet Banking, consider setting up your Direct Deposit so that the majority of it goes into your checking and a smaller portion goes into your savings.

So, in short, should I dump some or all of my savings into my student loan, should I do it now or when I've paid off a bigger portion of that loan, or is this an entirely unreasonable plan?

I had thought about putting some portion of their savings into a bond ETF, but you hear talk in the news about a current «bond bubble» so I'm thinking even that might be too risky of an investment for them.

Another move that might allay some of your anxiety is to turn a portion of your savings into guaranteed income.

You can funnel a portion of each windfall like this into your savings account, and use the remainder to splurge a little on yourself.

Every time you use your debit card for a qualifying purchase, we'll automatically transfer an amount of your choosing into savings — and we'll even match a portion of what you save.

For the forward - looking person, an IRA represents a temporary tax haven during your working years to divert a portion of your personal income into savings on a tax - deferred basis.