Sentences with phrase «less than the withdrawal»

if the amount of the pension account balance is less than the withdrawal benefit that the member would be entitled to if the pension were to be fully commuted — the amount of the withdrawal benefit.

Not exact matches

Such withdrawals aren't subject to review by the compact's governing bodies, the Great Lakes St. Lawrence River Basin Water Resources Council and the Great Lakes St. Lawrence River Water Resources Regional Body, as long as the withdrawal consumes less than 5 million gallons daily.

This means that I am now withdrawing more than the so - called «safe» withdrawal rate, but when I hit 70, I will probably be withdrawing less.

I found that at the point I'd be ready and comfortable to retire, my expenses would be $ 1,960 per month, requiring a portfolio of $ 588k at a 4 % withdrawal rate — much less than Joe's $ 750k.

Bond fund withdrawals might have had a greater effect on markets where there is less trading, such as municipal securities — but even there, redemptions from bond funds would have accounted for less than 10 percent of the primary dealers» trading.

Withdrawals from a Roth IRA you've had less than five years.

If your withdrawal amount is less than (fee x 100,000), it should be processed immediately.

Dr Agoro added that the former Vice President eventual withdrawal from the ruling APC less than four years after telling the whole world that the political party would be his last bus - stop, is an indication that he is» a fair weather politician only looking around for where the grass is green

Respondents in this year's survey pointed to five main causes of the field's less than favorable reputation: drug and product recalls such as the withdrawal of Avandia; safety issues such as the discovery of problems with raw material from China used in medical products; scandals, including evidence that pharmaceutical companies have failed to release data from trials whose results cast doubts on their drugs» safety and efficacy; lawsuits brought against companies that failed to warn patients of problems with their products; and ethical issues such as kickbacks for physicians promoting specific medications.

For example, 57 % of those on alprazolam experienced withdrawal symptoms, compared with less than 7 % on the new compound.

Scientists have come to this conclusion after finding that smokers who suffered a stroke in the insular cortex were far more likely to quit smoking and experience fewer and less severe withdrawal symptoms than those with strokes in other parts of the brain.

Once you register then withdrawal of the profit amount takes less than 2 days to be executed.

Safe Withdrawal Rates with Switching We should come close to getting today's full potential Safe Withdrawal Rate (which would be slightly less than 4.4 %) by building a TIPS Ladder with an intermediate maturity.

[Less than one - third of the Historical Surviving Withdrawal Rates fall into a region of uncertainty.]

So it's reasonable to conclude that this plan — 5 % withdrawals increased every year for inflation — is less than ideal for most retirees.

This account requires a minimum investment of $ 2,500 and any transaction (deposit or withdrawal) must be for no less than $ 200.

Amounts greater than that may imperil the length of time my withdrawal strategy can last, and amounts less than that would potentially lengthen the time it can last.

Should the contract value be less than the greater of either one Lifetime Annual Payment or the minimum contract value, the death benefit reverts to traditional return of premium, and is reduced proportionately by all past and future withdrawals.

Similarly, Newfound Research managing director Justin Sibears has warned in more recent research that to the extent the huge run - up in stock values of recent years leads to modest investment returns in the years ahead, retirees may need to go with an initial withdrawal rate of less than 4 %.

For example, if returns are less than expected in a given year, the retiree should respond by reducing consumption to preserve the assets — a fixed 4 % withdrawal is not consistent with such flexibility.

If you are able to replenish your Roth IRA withdrawal in less than 60 days, of course, this is not an issue.

Earlier withdrawals have had a less severe affect on balances than if the meltdown had occurred earlier.

In its sole discretion, AXA Equitable may declare a rate greater, but not less than the rate generated by the Guaranteed Withdrawal Rate calculation.

Note: Pay $ 2 per withdrawal if you make more than 4 per month, maintain a balance less than $ 1,500, or if you are over 18 years old.

However, your withdrawal may be subject to taxes and penalties if you've held the account for less than five years and / or you are less than 59 1/2 years old.

For owners aged 70 - 75 at issue, EarningsMax is calculated at 25 % of contract earnings (earnings not to exceed a maximum of 100 % of premium payments, excluding subsequent premium less than 12 months old and adjusted for withdrawals).

That being the case, a $ 3000 emergency fund could end up being significantly less than $ 3000 if you consider possible losses due to market fluctuations or being forced to sell at an unfavorable time, potential fees and penalties associated with early withdrawal of the money, taxes, and trading fees.

In this way you can control the amount of the withdrawal which could result in you taking either more or less than you might otherwise receive if you converted to a RRIF today.

The money in your RRSP will eventually be taxed when you withdraw it, but because most people will earn less income in their post-working years than while actively employed, those withdrawals should end up being taxed at a lower rate.

Meanwhile, a retiree earning less than $ 40,000 would pay barely $ 1,000 of income tax on a $ 5,000 RRSP withdrawal.

For withdrawal amounts less than $ 100, the Company reserves the right to reduce the payment frequency to an interval necessary that will result in a payment of at least $ 100, or require an electronic funds transfer («EFT»).

A penalty may be imposed for early withdrawal of up to 3 months (90 days) worth of dividend for Certificates with a term of 12 months or less and a loss of up to 6 months (180 days) for Certificates with a term of more than 12 months.

Interest compounded monthly unless paid directly to you Early withdrawal penalty of 90 days of interest will be imposed on certificates with a term of one year or less and 180 days of interest on certificates with a term greater than one year.

Some people will be alarmed if you report all withdrawal rates with less than a 75 percent or 80 percent chance of working out as «unsafe.»

Indeed, Fidelity estimates that a withdrawal rate of 10 % or more could deplete your savings in less than a decade.

I think you probably meant to suggest that withdrawal rates for which the historical data shows odds of success of LESS than 50 percent be termed «hazardous» and that withdrawal rates for which the historical data shows odds of success of greater than 50 percent be termed to be rates to be considered in «planning.»

For owners aged 70 — 75 at issue, EarningsMax is calculated at 25 % of contract earnings (earnings not to exceed a maximum of 100 % of premium payments, excluding subsequent premium less than 12 months old, and adjusted for withdrawals).

If your withdrawals are equal to or less than your qualified higher education expenses (QHEE), then your withdrawals including all your earnings, are tax - free.

The INOVA 6 - year CD currently is about the best CD for any term up to six years unless you do an early withdrawal in less than about 1.5 years.

Assuming that withdrawals are not charged fees (or less fees than the transfer) then someone could do this strategy with the only problem being that they can't recontribute the money in the same calendar year unless they have enough unused TFSA room which is not the situation in Kim's case.

But I do not agree with the suggestion that a withdrawal rate becomes «unsafe» only when the odds of it working out (according to the historical data) are less than 1 in 20.

In fact, this may lead to me using a withdrawal less than 4.0 % rule.

If you spent 1 / 28th of your portfolio in the first year of retirement, you would be withdrawing 3.6 % of your portfolio's value, less than the 4 % withdrawal rate that has become a popular rule of thumb.

If you have any income such as CPP and OAS — let's say you get $ 12k per year from those, then the tax on the rrsp withdrawal will be the taxes payable on your income from $ 12k to $ 52k which will be more than the first example but still a lot less than your marginal rate.

It literally takes less than 2 minutes to make a withdrawal and the money magically appears in my bank account in around 2 days.

You will, however, pay income tax on withdrawals from a traditional IRA, or on earnings withdrawals from a Roth IRA that's been open for less than five years.

The minimum withdrawal amount is # 1,000, or the balance amount if the account balance is less than # 1,000.

If the ending value after adjusting for net withdrawals or additions is less than the beginning value, the division will produce a figure that is less than 1.00 (for example 0.80); subtracting 1.00 then produces a negative figure [0.80 - 1.00 = -0.20, or -20 %], and the return represents a loss.

Personally, I'll first max out the RRSP because the average tax on my contributions will likely be much less than the average tax on withdrawals.

Withdrawal tax is usually less than tax deferred on initial contribution — Since you contribute at your marginal tax rate and withdraw at your average tax rate then this account is quite beneficial for most investors.