Sentences with phrase «larger than your income»

The benefits are larger than the income that could be earned by each individual buying risk - free bonds because the remaining principal of members of the cohort who die early, subsidize the ongoing payments to those who live longer.

You can't claim an adjustment to your income for health insurance premiums that are larger than your income.

Not exact matches

(The ACA has been in effect for larger employers — those with 100 or more employees — since the beginning of 2015) This is called the employer mandate, and generally speaking, such business owners must offer plans that cover a minimum of 60 percent of plan expenses, and must cost no more than 9.5 percent of an employee's annual household income.

The firm argues that median house prices should be no more than three times larger than gross median household incomes to remain affordable, and to prevent housing bubbles.

No longer mere income - substitution ploys or boutique service providers, home - based businesses are larger and more diverse than ever.

Outside estimates of pass - through business income have shown that it is a small number of large businesses that account for the majority of pass - through profits and economic activity, rather than true mom - and - pops.

In 2019, those who rank in the 95th through 99th percentiles would see their after - tax incomes rise by more than 3 percent after receiving «the largest cuts as a share of income,» according to the study.

The world's most populous Muslim country and third - largest democracy with 238 million people, it has a per capita income more than double India's, a 90 % adult literacy rate and is energy independent.

And thanks to the compounded interest, he argues, that payment is likely to be much larger than what they would have gotten by putting a comparable amount of cash into an annuity — a common strategy among income - seeking retirees.

Here's why: Many people don't realize that they may get socked with a 15 % excise tax as well as income - tax liability if their retirement accounts build so high that they, or their beneficiaries, eventually have to take any distribution that the IRS deems excessively large — more than $ 155,000 in 1996.

Both have large populations and the growth to accompany it, lots of corporate offices, and do better than average by household income and number of high - earners.

Because average tax rates have fallen for all income groups since 1979, growth in after - tax income has been somewhat larger than growth in before - tax income from 1979 to 2013.

To qualify for this guarantee: (i) you must have filed your original 2017 federal income tax return through Credit Karma Tax on or before April 16, 2018; (ii) you must be entitled to a federal tax refund from the IRS; (iii) you must have filed an amended federal income tax return using the same Tax Return Information through another online tax preparation service; (iv) your amended return must have been accepted by the IRS; (v) you must submit your complete Max Refund Guarantee claim to Credit Karma Tax no later than December 31, 2018; and (vi) the larger refund can not be attributed to claims you make on your tax return that are contrary to law.

Larger, more industrialized countries tend to have higher corporate income tax rates than developing countries.

The exact size and growth of this workforce is debated, but workers employed under precarious work conditions make up a significant portion of the larger workforce, with estimates that 4 out of every 10 workers are now employed in precarious situations.49 These workers typically face higher income volatility than workers in traditional employment relationships because they spend more time unemployed or underemployed and some have low earnings.50

Although the average level of after - tax income of the top 1 percent of households remains well below its 2007 peak, the percentage increase in their average after - tax income from 1979 to 2013 was five times larger than that of the middle 60 percent and four times larger than that of the bottom fifth.

Dividend Growth Investing is an income strategy of investing in companies that have a barrier to entry (large moat) and consistent history of increasing dividends by a rate higher than inflation.

And price volatility is actually higher at lower rates than it is with higher rates because you don't have as large of an income stream to cushion the blow from the loss of principal.

My question is, our financial adviser advised against contributing more than what my husband's company will match in his 401K because they only match $ 900 / year and the investment options are very basic — Bond (Fixed Income) or Large Cap (equities).

Note, for example, that respondents who «strongly agreed» that differences in income were too large estimated a much larger pay gap between CEOs and unskilled workers (12.5:1) than respondents who «strongly disagreed» (6.7:1; Table 2).

«In addition, TRXT will be a lot more expensive than the larger fixed income ETFs in the market.»

SHANGHAI / BEIJING Bank of China Ltd (BoC), the country's fourth - largest lender by assets, reported a smaller - than - expected drop in quarterly profit, helped by rising interest income and falling operating expenses.

In the U.S., for example, those in the bottom quintiles of income distribution spend a much larger percentage of their expenses on food -, energy -, and rent - related expenditures than higher earners.

If countries like Germany, whose surpluses have caused so much damage to Europe, were to arrange income more fairly, not only would Europe benefit, but Germany's hard working and thrifty ants would finally get their rewards — a higher income, rather than a larger national trade surplus.

In larger cities like San Francisco, New York City and Miami renters often spent more than 50 % of their income for housing.

Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.

More than half of the combined net income reported by 200 large public companies in the first quarter stemmed from a decline in the companies»...

The GST was accompanied by a reduction in income tax which was designed to be larger than the GST effect — i.e. there was over-compensation for the GST.

Although this is a passive income report, as I'm still relatively young, I'm more interested in building a large financial nut through principal appreciation rather than through dividend investing.

Palo Alto's median household income is $ 137,043 — more than double that of the U.S. at large.

Speaking at Tmall's Super Kitchen event, an offline expo of home goods held by Alibaba Group's business - to - consumer site, Stewart said she saw an opportunity to expand her brand into the world's second largest economy as rising incomes in the middle class there were increasingly being spent on lifestyle and experiential purchases rather than staple goods.

And yes, income inequality is extremely important in determining the share of earnings that go into consumption because the poor tend to consume a larger share of their wealth than the rich.

It has been a challenge for me to find a retirement calculator that takes into account that we have a high savings rate, live on a lot less than our income, will have significant expenses drop off next year, and we have a large passive income investment in rental real estate.

A progressive tax claims a proportionately larger share of income from higher - income than from lower - income taxpayers.

Regressive tax: A tax that claims a larger percentage of the income of lower - income households than of higher - income households.

After hearing from a large number of members of the Canadian Federation of Independent Business, I figured I needed to share with our government the top 10 ways small business owners (and their income) are different than employees.

In the euro area, the household saving rate increased due to a larger fall in real final consumption expenditure -LRB--0.7 %) than in real gross disposable income -LRB--0.4 %).

An exit from the euro would see Greeks lose more than half their annual income and prompt a dramatic rise in unemployment and inflation, a report from the country's largest bank has warned.

That's much larger than alternatives such as SIMPLE IRAs and ordinary individual retirement accounts, and for high - income individuals, it makes it hard to match what SEP IRAs can allow.

Similarly, the owners of the smallest businesses surveyed are more likely to say the income sprinkling changes are fair than unfair, while majorities of those with larger numbers of employees say such changes are unfair:

Because the EITC is a tax credit, rather than a deduction, even low - income parents who take the new, larger standard deduction of their tax returns would still benefit.

Many companies increase their dividend payments each year, meaning that each year's passive income is larger than the year before it.

Those families with lower incomes received a larger benefit than those with higher incomes.

The increases in GST and other revenues to date are somewhat larger than those expected in the November 2013 Update, while personal and corporate income tax revenues are somewhat lower.

But because so much of our national income is concentrated in relatively few hands, large numbers of Americans are worse off economically than their counterparts in other advanced countries.

In Poland, however, to take the largest Jewish population center, although there was a Jewish middle class, the per capita income of Jews in the 1930s was less than $ 100 per year, and a quarter of Poland's Jews were kept from starvation only by charity from America.

I never chased money, and have always given away a large chunk of my income to children in Africa (though it's still less than what he gave), but I don't get the book deal, the radio interviews, or the conference speaking invitations!!!

As a result we have developed a larger interest in redistributing income legislatively than in providing a rationale for sacrificial giving on the part of the laity.

In contract negotiations, Third World governments often deal with corporations whose incomes are larger than that nation's gross national product.

The platform planks for «32 embodied a number of Century concerns: U.S. adherence to the World Court protocol; U.S. entry into the League of Nations, provided that its covenant be amended to eliminate military sanctions; U.S. recognition of the Soviet Union (which was granted a year later); the safeguarding of the rights of conscientious objectors (including those denied citizenship, such as Canadian - born theologian D. C. Macintosh of Yale Divinity School); the abolition of compulsory military training in state - supported educational institutions other than military and naval academies; emergency measures for relief and public - works employment; the securing of constitutional rights for minorities; the reduction of gross inequality of income by steeply progressive rates of taxation on large incomes; «progressive socialization of the ownership and control of natural resources, public utilities and basic industries»; «the nationalization of our entire banking system»; and so on (June 8, 1932).