Sentences with phrase «lump sum of money for»

Term life insurance is particularly worth it because it's the most affordable type of life insurance available that provides a tax - free lump sum of money for a financial safety net.

In short, the Helen Woodward Animal Center CRT epitomizes the Center's slogan of «People helping animals and animals helping people» by providing people with tax deductions and income for life, while also leaving a lump sum of money for the animals.

Our Term Loans allow you to borrow a lump sum of money for a variety of purposes, and it comes with the flexible terms, customized repayment plans, and competitive rates ideal for a new business.

A lender will give you upfront a lump sum of money for a specified percentage of your future credit card sales.

Not exact matches

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

«There are serious financial consequences down the road for taking the money in a lump sum now,» said Gerri Walsh, FINRA's senior vice president of investor education.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

Under the terms of a home equity loan, your lender would convert your equity amount into a lump sum of cash money that you could then use for whatever you'd like.

Most of us, especially when we are younger, just don't have the money for lump sum investing.

Contributing to your RRSP throughout the year rather than with a lump - sum purchase the last week of February has many benefits: automatic savings helps with cash flow management and it's less painful than having to find money for your contribution in February.

You purchase the contract for a specific amount of money, either through a lump sum or periodic payments, and in exchange, the insurer agrees to pay you a set amount on a recurring basis.

The money in your annuity — which you invest as a lump sum or through a series of payments, depending on the policy you choose — generates a stream of income paid to you for your lifetime.

We believe that, as well as the obvious benefit of a tax - free lump sum when your baby grows to age 18, saving for your child helps to educate them about the importance of money and preparing for their future, helping to set up positive habits from a young age.

Parker received a lump - sum payment last month for his $ 22,000 leadership stipend, forcing Senate Majority Leader Malcolm Smith (D - Queens) to scramble Monday for a way to get at least some of the the money back.

People in the second group accrued $ 1 for every serving of fruits and vegetables eaten, with the money delivered in a lump sum at the end of the study.

Majority of the essay writing services offer you with plagiarised papers in exchange for a lump sum amount of money.

It works this way, it pays for a lump sum of money once the policyholder is diagnosed with critical illness like heart ailments, cancer, kidney ailments and others.

A life annuity is an arrangement in which you hand an insurance company a lump sum of money and the company guarantees to pay you a given amount for as long as you live.

For instance, putting lump sums of cash toward credit card debt can wipe out high interest payments, which would give you a better return on your money than paying off low interest mortgage debt.

An annuity is financial contract in which an investor pays a lump sum of money to an insurance company in return for a series of future payments.

Unless you need for a large sum of money upfront, it is recommended that you configure your loan payment as a line of credit or as monthly payments instead of a lump sum.

BMO says that 60 % of Canadians are anxious over finding money for an RSP contribution as the deadline arrives and 49 % of those who contribute do so in one lump sum.

A SPIA, or single premium immediate annuity, is designed to generate instant income during retirement by taking a lump sum of money and converting it into systematic payments that continue for a specified period of time or for the life of the insured individual.

If a borrower needs the bulk of their reverse mortgage payment immediately, they can receive it as a lump sum payment.6 A lump sum is recommended if the borrower has an immediate need to use a large amount of money to pay down existing debts, make renovations to the home, pay for healthcare expenses, or for any other reason.

After you put out your own money for the down payment, the banks will return a percentage of your mortgage principal in a lump sum when your mortgage closes.

Once a large lump sum has been saved up, it may be worth considering other ways to make your money work harder for you, but this will ultimately involve tying up the cash for a longer period of time.

Each January, we lump sum an unconscionable amount of money to pay for the obscene future projected college costs of our sweet baby angels.

When you purchase an income annuity (also called an immediate annuity or fixed annuity), you're paying a lump sum of money to an insurance company in return for steady income.

When you get a second mortgage, you can get a lump sum of money at once time that you can use for whatever you wish.

When it comes to loans for people with bad credit, you receive a lump - sum amount of money upfront, and then you repay the personal loan in monthly installments.

Immediate annuities from Protective offer ways for you to convert a lump sum of money into an income stream that meets your needs for the future.

An annuity is a lump sum of money invested to produce a steady income for a fixed period of time.

You give an insurer a lump sum of money (the premium) and in return you get a monthly payment for as long as you live, regardless of how the financial markets are behaving.

You pay a monthly premium - $ 500,000 of coverage for a twenty - year term will cost around $ 30 per month for a healthy male in their mid-30s - and, in return, your survivors will receive a tax - free lump sum of money if you die during the term.

Term life insurance covers you for a specific period of time — in this case, until your student loans are paid off — and gives your survivors a tax - free lump sum of money that they can use to pay off your debts.

This lump sum of money can be used for anything, but for most families, it's intended to act as a backup for your financial goals.

Paying the monthly cost of renters insurance in a lump sum for the year saves you money.

The different timing of the lump - sum (beginning for annuity and end for life insurance) is accounted for by the basic time - value - of - money equation using the market interest rate for Treasury debt.

For me, lump sums of money always seems the easiest to save.

Alternatively, what if you could receive a lump sum of money that is a portion of the equity in your home for much - needed financial expenses?

It makes a lot more sense for anyone that has a chunk of cash sitting in the bank and are planning on slowly drawing from it because you technically still have all that money in a property (or multiple properties) and can sell them if you really need the lump sum of cash but you'll earn great interest payments until you do that.

The easiest means to settle your debts is should you have some money and supply them a lump sum payment immediately, still just for a portion of what's actually owed.

A lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die.

Not just because debt settlement does not work for most people, but because of your income situation it will be nearly impossible for you to have the lump - sum money on hand to settle right now.

I will be more confident to invest my lump sum, as with that money I am never in hurry just waiting for low price of market.

You set aside regular amounts of money or a lump sum payment for your funeral.

You can take out any amount below your credit limit for a home equity line of credit but for a home equity loan you get a lump sum of money.

If you have a lump sum of money, you can convert it into a safe and steady income stream that lasts for years — or even the rest of your life.

When you take out a personal loan, you will apply for a specific amount of money, and if approved, receive this amount as a lump sum.

Use the equity in your home to borrow a one - time lump sum of money that you can use to pay for your daughter's wedding, purchase a new roof, or even consolidate and eliminate your credit card debt.