Sentences with phrase «loan against something»

You can use this cash value to save for retirement, or even take loans against it throughout your life.

This cash value can also be used to get loans against it.

The insured can take out loans against it if needed.

You can close your policy at any time and collect its cash value or, in many cases, you can take out low - interest loans against it.

In real estate, a property can have multiple loans against it.

The more equity or additional value that you can demonstrate for such a property, the better chance you have of obtaining a cash - out loan against it.

As an insured person, you can also take loans against them but this policy offers no riders.

Dividends are not adjusted for policies with loans against them.

The Employee Benefit Research Institute found that 21 percent of 401k plan holders had outstanding loans against them in 2009.

Building up the cash value of the policy so that you will be able to take loans against it at advantageous interest rates

The investment component accumulates in value over the years so that the policy holder can with draw it or borrow loans against it.

If the policy that you have with United Investors is a whole life policy and has accumulated cash value then you can take a policy loan against it.

For example, if you live in Alberta and have a car worth $ 15,000 and there is a secured loan against it with $ 11,000 owing, your equity in the car is $ 4,000.

If you file personal bankruptcy in Kitchener you are allowed to keep one motor vehicle with no liens or loans against it worth up to the current exemption limit.

The assets in question are technically in compliance with the rules of the Fed, but are worth far less than the amount loaned against them.

Building up the cash value of the policy so that you will be able to take loans against it at advantageous interest rates

An asset that has outstanding loans against it (such as a house with a mortgage) can still be used as collateral if the bank can take over the existing loan and claim the title.

Taking a Loan — You contact the custodian of your retirement account to inquire about taking a loan against it.

And then withdraw (up to your basis) or take out a loan against it, tax free!

When you take out a loan, National Life adjusts your policy dividends, which may result in a lower dividend on the cash value that currently has a loan against it.

While it is possible to tap the equity in your home by taking out a loan against it, using your house as an ATM has proved to be a foolish strategy in the past.

Eventually you can withdraw the money or take a loan against it.

When you buy a house or a car, you may take a loan against it.

If it's worth more than that amount and there are no loans against it, then you lose the portion above that.

What if there's a loan against it?

Doug Hoyes: And so if the car is worth 5,000 bucks, you get to keep it; if you have a car that's worth 10,000 bucks and there's a $ 6,000 loan against it, then the equity is $ 4,000, that's less than five, you get to keep it as well in that scenario.

Maybe just a loan against it?

However, if you have valuable assets, like a brand new car with no loans against it, or a house that is worth considerably more than what is owing on the mortgage, you may lose the equity in those assets.

A lot of people include home equity in that calculation (value of the home less mortgages / loans against it).

When you take out a loan, Minnesota Life adjusts your policy dividends, typically giving a lower dividend on the cash value that currently has a loan against it.

This keeps your cash working for your even when you have taken a loan against it.

You can take partial withdrawals from the cash value or loans against it.

There can be high risk to the investment account value based on the market, but if you do have cash value, you can take partial withdrawals or loans against it.

Another reason for purchasing gold is that it can be used to acquire a loan against it, and is the safest option as an investment that is inflation proof as well.

While you can withdraw part of the cash value or take out a loan against it, enough money must remain in the cash value to pay for monthly insurance expenses.

You can use the cash value of either one to take out loans against it.

Eventually you can withdraw the money or take a loan against it.

If paying for your final expenses is really what the coverage is for, you should be looking at whole life insurance which is guaranteed to never change in any way as long as you pay your premiums on time and don't have any outstanding loans against it.

Its advantages lie in your ability to withdraw or take a loan against it while you're alive, tax - free.

You can withdraw from this portion or take a loan against it.

If you should happen to need the funds while you are still alive, you can close your policy and collect its value, or you can take out a loan against it.

You can withdraw your cash value or take out a loan against it, but remember, if you die before you pay back the loan, the death benefit paid to your beneficiaries will be reduced.

At any time you can trade the policy in for the cash value or even take out a loan against it.

The beneficiary might either receive the amount as death benefit or might make use of the accumulated cash value by taking out loans against it.

When you take out a loan, Minnesota Life adjusts your policy dividends, typically giving a lower dividend on the cash value that currently has a loan against it.