Sentences with phrase «known as the deductible»

The amount that you have to pay out if you make a claim; and before the insurance company covers any costs, is known as the deductible.

An excess payment, also known as a deductible, is a fixed contribution that must be paid each time a car is repaired with the charges billed to an automotive insurance policy.

The insured car owner however has to make a payment for once that is known as a deductible.

The other expense, which is known as a deductible is typically equally as important although you usually won't need to pay it if you never need to file a claim with the provider of the Roxbury type of renters plan.

Your portion is known as a deductible or co-pay.

Not exact matches

As a result of the ACA, her coverage shifted again when her employer no longer offered a traditional plan and she had to switch to one with a high $ 3,000 deductible.

Initially the thought was that Home Equity Lines of Credit would no longer be deductible but the IRS recently issued guidance that as long as the line is used to buy, build or improve your home it remains deductible.

The price of admission to Toots's private ringside went to a worthy charity, a tolerance group known as the Panel of Americans, and will, of course, be duly deductible at income tax time.

As a member, your tax - deductible contribution will be used to restore historic areas of the park (like the five murals inside of the casino), improve the signs inside of the park, enhance park usability, and improve access to some of the lesser - known features of Western New York's natural wonder.

Details: Program known as Jaguar / Land Rover Approved; 150 - point inspection; six - year / 160, 000 km warranty coverage, no deductible; 24/7 roadside assistance.

New - vehicle warranty coverage for the 1991 model year is essentially the same as last year, although 16 makers made minor changes.Cadillac, Ford Motor Co. and Saab Cars USA Inc. have notable enhancements of deductibles.Cadillac warranties no longer require deductibles for repairs after the one - year / 12, 000 - mile coverage expires.

If you have a dollar - amount deductible, you pay that share of any claim you make as a policyholder, no matter the amount of the claim.

Considering that closing costs, such as points, can run you thousands of dollars when you refinance, it's comforting to know that such fees are tax deductible.

As stated earlier, the 2 % floor for investment expenses will no longer be deductible.

After - tax IRA balances (also known as «basis») grow in Individual Retirement Accounts (IRAs) from non deductible contributions and IRA rollovers of after - tax amounts.

The interest should be tax - deductible since the direct use of the mortgage proceeds was It has been nearly six months since the Lipson decision, in which the Supreme Court of Canada effectively blessed the debt - swap strategy known as the «Singleton shuffle.»

If you know you've hit it, get as much medical care as you can before your deductible resets at the end of the year.»

Therefore, if you know that it may be difficult for you to provide the money set as deductible as the occasion may demand, it is better to set your deductible at a reasonable level.

As you mentioned, if you take the ROC distribution and put it onto your mortgage, then that amount of your loan is no longer deductible.

As the chart indicates, their contributions are deductible, no matter what their AGI is.

As most people already know, raising your deductible (the amount you pay out - of - pocket when an accident occurs), lowering your limits (the maximum amount your insurance provider will pay out in the event of an accident), and reducing your coverage (minimizing the number of situations where your provider will have to pay) can each lower the cost of your auto insurance.

● Alimony payments: Such payments are no longer deductible by the payee and are not included as income to the receiver.

As you may know, most interest paid for personal expenses is no longer deductible.

These «allowable deductions» (also known as «above - the - line deductions») may include unreimbursed business expenses, medical expenses, alimony, moving expenses, or deductible retirement plan contributions.

The apartments also deserve to know that a loss such as a fire won't result in them losing money in the form of a large commercial insurance deductible, or from other losses you cause.

It is important to know which IRA (Traditional or Roth) is tax deductible as you plan for your retirement.

But as far as I know, mortgage interest is not deductible in Canada, right?

If neither the individual nor their spouse has access to an employer's plan, a contribution to a Traditional IRA may make sense, as it will be fully deductible no matter how much they earn.

I understand that the IRS has 10 years to collect on the debt, my question is can the IRS outright waive the loss of $ 250K as some sort of a collateral so that I can no longer use it as tax deductible in the future?

No, a loss on the sale of a primary residence is not tax deductible (just as the gains are not taxable, up to a limit)

Some of your closing costs are tax - deductible, so it pays to know what expenses you can deduct as itemized deductions come tax time.

First, know that the interest from either loan is currently tax deductible and that both types of loans will use your home as collateral.

Same is true of most kinds of insurance, a high deductible is best as long as you can afford it, unless you know you'll probably file a claim.

But we know that mortgage debt can be used as a tax deductible expense.

Excess flood policies have no deductible and cover Additional Living Expenses (ALE), also known as Loss of Use coverage, which pays the additional costs of temporarily living away from home if it is uninhabitable due to the flood damage.

as far as i know they are the ONLY pet insurance without price caps / limits on treatments which means if you your pup needs $ 15,000 + worth of surgery then it's covered after your deductible.

Make your tax - deductible gift today, and be a part of cutting - edge research and care that's changing medicine as it's known today.

$ 200 to be told to do what I already knew and I have vet insurance but was useless as it has deductible.

This deductible is also known as a «vanishing» deductible because it does not apply to settlements over $ 100,000 or $ 50,000 for FLA claimants.

Most insurance providers have a standard excess (known as a compulsory deductible) as well as a voluntary excess where drivers can choose a higher amount as a way to lower your premium.

Know how much and what type of coverage you need, as well as how much of a deductible you can afford, so that you can be sure you aren't comparing policies that aren't adequate for your needs.

As you probably already knew, whenever you increase your deductible you decrease the price that you pay towards your premiums.

If you agree to pay for a larger portion of your own damages by raising your deductibles, your car insurance company automatically knows they won't have to pay as much for your claims.

This is an in - depth overview to help you understand everything you need to know about the impact of increasing your deductible as well as how it can cost you, or save you money short and long term.

To decrease your deductible, also known as out of pocket expense, you would have to be willing to pay a higher premium rate.

Commonly known as «High Deductible Health Plans» (HDHPs), these types of policies were created to lower insurance costs by offering a lower monthly premium in exchange for a higher annual dDeductible Health Plans» (HDHPs), these types of policies were created to lower insurance costs by offering a lower monthly premium in exchange for a higher annual deductibledeductible.

You should know that there are cases when insurance companies do not consider co-pays as partial payment for deductible costs.

Just as importantly... if you know you will be meeting your deductible every year because of an existing condition, you should NEVER raise the deductible.

Some plans, known as catastrophic health insurance plans, have a deductible that is the same as the out - of - pocket limit.

That Act requires group health plans such as yours and health insurance issuers to ensure that financial requirements (such as co-pays, deductibles) and treatment limitations (such as visit limits) applicable to mental health or substance use disorder (MH / SUD) benefits are no more restrictive than the predominant requirements or limitations applied to substantially all medical / surgical benefits.