Sentences with phrase «key beneficiaries of»

He told attendees, «Since my entry into the global environmental movement in 1971, mining has contributed significantly to a more sustainable world economy, and key beneficiaries of this progress are mining workers, families and communities,» according to Resource Investor.

The publishing industry will be the key beneficiaries of this new law.

Cross-cutting all the other 8 goals should be the high priority to the needs, rights, and capabilities of women and children; mechanisms are needed that empower them to be central to decision - making and key beneficiaries of welfare programmes.

He said: «Underperforming schools in areas that struggle to recruit the best teachers will be key beneficiaries of the NTS, fulfilling our commitment to delivering educational excellence everywhere.»

Institutional investors will be the key beneficiaries of the Shenzhen - Hong Kong Stock Connect, as they leverage on the gap between share prices on the exchanges, experts said Monday.

CFRA Research expects Broadcom to remain a key beneficiary of consolidation in the semiconductor industry.

Given the racing industry is a key beneficiary of the TAB profits, the funding model must be restructured as part of any privitisation.

It is still in the early stages globally and Chart is a key beneficiary of the trends towards cleaner fuels and towards natural gas.

Charles Taylor was a key beneficiary of DLH's dealings, and he's just been brought to justice in the Hague - it's about time DLH is also stopped and held to account for its actions.»

Not exact matches

Found buried on the 150th page of the 214 page, $ 3.9 trillion budget, was this key sentence: «In addition, the budget proposes to eliminate aggressive Social Security - claiming strategies, which allow upper - income beneficiaries to manipulate the timing of collection of Social Security benefits in order to maximize delayed retirement credits.»

Presenting the monetary compensation and keys to the beneficiaries, Governor, Ogbeni Rauf Aregbesola said the compensations were in fulfillment of government's promise that people will not be burdened by developments on - going in the different parts of the state.

In this context, using a national sample of Medicare beneficiaries hospitalized with medical conditions, we sought to investigate 3 key questions.

It's a low - key relationship dramedy / road movie starring the ripe - for - a-late-career-renaissance Bruce Dern (who'd be the most obvious likely beneficiary from the film's award season release date), and «SNL «alum Will Forte, that promises at least a modicum of the kind of off - kilter wry observations about masculinity and aging that have marked out Payne's best previous work.

Other key senators are beneficiaries of the largesse of the privatization industry's campaign cash machine.

But one also has the sense that while cars of the late 1980s and early»90s weren't perfect, they were also the beneficiaries of key engineering insights.

Although both types of life insurance pay out a sum of money to a beneficiary after the policyholder dies, there are a few key differences in how they work.

Key man life insurance differs from other life insurance policies in that the business is both the owner and the beneficiary of the policy.

Your company can only deduct key man insurance premiums if they're considered to be part of the employee's taxable income, in which case the employee is typically the beneficiary.

The death benefit to be received by the trust beneficiaries may be used to cover estate taxes OR PROVIDE FUNDS for business continuity succession planning AS A KEY PART OF family business succession planning.

So, if your company is the beneficiary, which is kind of the point of key person insurance, then the premiums are not deductible (similar to a personal life insurance contract) because the death benefit is not subject to taxation.

«Marriage, divorce, or any changes in your family situation are reasons to revisit your beneficiary forms,» says financial advisor David Niggel of Key Wealth Partners in Lancaster, Pa. «The beneficiary designation form is a legally binding document and overrides your will.

Often the employer is the beneficiary of the policy and the policy typically is referred to as key person insurance.

Seniors should not confuse the term Beneficiary (familiar because of RRSP and RRIF beneficiary designations) with the key TFSA term, Successor Holder, says Sandy Cardy, a former Senior VP of tax and estate planning for Mackenzie IBeneficiary (familiar because of RRSP and RRIF beneficiary designations) with the key TFSA term, Successor Holder, says Sandy Cardy, a former Senior VP of tax and estate planning for Mackenzie Ibeneficiary designations) with the key TFSA term, Successor Holder, says Sandy Cardy, a former Senior VP of tax and estate planning for Mackenzie Investments.

A key benefit of using RDSPs is they allow money to grow tax - sheltered, meaning the individual for whom the account is set up (the beneficiary) never pays tax on earnings until funds are withdrawn.

A key person insurance policy designed to insure the company against the loss of a valuable employee is another situation where a business entity may be the designated beneficiary of the life insurance policy.

Understanding the complexity of choices that face a retirement account beneficiary is key to satisfying IRS mandates, as well as maximizing the financial advantages of any inherited monies.

At the death of the key person, your business (the policy beneficiary) will file a claim with the insurance company to receive the death benefit.

While companion animals are the ultimate beneficiary of the NRC guidelines, the pet food industry is the key user of the reports.

Furthermore the law will now allow terms of a Will to be corrected, in limited circumstances, where there is a mistake — such a as a key beneficiary's name being wrongly stated.

Now for lawyers care needs to be taken here as while there are certainly plenty of tasks that internal clients will pay for (doing deals, litigating etc), there are some jobs where the key beneficiaries may be the shareholders who won't have a notional budget to cross-charge.

One key point to make here is that if two or more primary beneficiaries are selected, and one or more of them is dead upon the passing of the insured person, the money will be distributed to the remaining primary beneficiaries, rather than any of the funds going to the secondary beneficiaries.

This type of policy is a life insurance policy which is a purchased for primary executive or other key personnel in a company where the company is named as the beneficiary.

The owner and beneficiary of the policy is the employer, while the life insured is the key employee.

The business is the owner of the policy, pays the premium and is the beneficiary in the event the key person dies.

In the event of the key employee's death, the policy's death benefit is payable to the company which can be used to provide continued supplemental benefits or to provide a lump sum benefit to the executive's named beneficiary.

For key person insurance policies, a company purchases a life insurance policy on its key employee (s), pays the premiums and is the beneficiary of the policy.

Your company can only deduct key man insurance premiums if they're considered to be part of the employee's taxable income, in which case the employee is typically the beneficiary.

Although both types of life insurance pay out a sum of money to a beneficiary after the policyholder dies, there are a few key differences in how they work.

In a non qualified deferred compensation plan using life insurance, the company owns and is the beneficiary of the policy on the key employee's life.

At the death of the key person, your business (the policy beneficiary) will file a claim with the insurance company to receive the death benefit.

The key employee is able to name the beneficiary of the entire death benefit of the life insurance policy.

The company buys the insurance to cover the life of the key person and is also the policy beneficiary.

Furthermore, key man insurance and other employer - owned life insurance is specifically covered under Section 1.264 - 1 (a) and states the premiums paid for life insurance on the life of any officer, employee, or person financially interested in a business carried on by the taxpayer are not deductible where the taxpayer is directly or indirectly a beneficiary of the policy.

With both life insurance and key man life, there is a policy owner who makes premium payments to a life insurance company for the guarantee a specified amount of money, referred to as the death benefit, will be payable to the beneficiary.

The business applies for and owns the life insurance policy, pays all premiums and is the beneficiary of the policy in the event of the death of the key person.

Most key person life insurance is structured with the business being the owner and beneficiary of the life insurance policy.

Often the employer is the beneficiary of the policy and the policy typically is referred to as key person insurance.

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Cash benefits to beneficiaries can also be used to pay off debts, continue daily operations, and help a family member of a key employee to take the reins so that the business survives.