Sentences with phrase «lump sum of money in»

The beneficiary gets a lump sum of money in the event that the policyholder passes away during the term.

You may also choose a policy with a guaranteed death benefit, which means your family is guaranteed to receive a lump sum of money in the event of your passing.

Although medical coverage for those injuries will cease, the advantages of a settlement is a lump sum of money in the bank that can make more money through investments.

The Penn family was trying to give a lump sum of money in exchange for the Assembly to acknowledge it did not have the authority to tax it.

I need lump sum of money in regular intervals in buying assets like plots, flat etc..

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 theIn 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 thein 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.

If there's a winner or winners in Wednesday's drawing, they will be given a choice of how to take the money: as an annuity or as a lump sum.

You give an insurance company money in a lump sum or in payments over a period of years, then at retirement, the cash gets «annuitized,» or paid out in a string of payments based on your life expectancy.

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.

According to the Boston College study, in 2010, 45 percent of workers who took a lump sum distribution from their 401 (k) when switching jobs did not roll over the money to an IRA, simply cashing out the account and paying taxes on the distribution.

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.

Yes we owe the banks around 230 million it's a long term loan we pay back around 25 million a year, this season 2014/15 we ar going to turn ower around 330 + million And our outgoing is going to be around 220 million or less, this season and the next 5 seasons we will be malikng around 110 million profit a year, we had 170million in the bank in April which was confirmed by the club we have spent some money on players 70 + million leaves you with 100 million in the bank then in June we recived 3 new sponsership deal worth around 130 million (wether or not it was paid lump sump or spread across the season to lower profit margin that I haven't looked at) all in all we can spend ready cash ower 200 milion if we realy want we can spend double and more of that sum and we still be within the FFP rules becouse they look at accounts 3 years acumalation

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.

The dysfunction stems from a Spanish peculiarity: In the national science budget, the government not only includes lump sums to public research institutes and competitive grants to research teams, but also a pot of money aimed at supporting companies, universities, and public research institutions with loans.

Jack is reluctant, but he's lured in when Prosser offers a lump sum of money.

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

Personal loans are fixed: You receive a lump sum of money, and you must pay it off in installments by a set date, usually a few years.

Borrowers can get their money in one lump sum, in regular monthly installments or as a line of credit, similar to using a credit card.

Although these plans also place an additional mortgage on your home, second mortgage money usually is loaned in a lump sum, rather than in a series of advances made available by writing checks on an account.

Access to funds — A home equity loan provides you the money in an upfront lump sum and you repay over a defined period of time.

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.

«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing small increments of money over a long period of time, as opposed to one lump sum of money all at once, I think that just goes to justify the benefit of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot of financial aptitude.»

«If you have a lump sum of money and do nothing with it — put it under a mattress, inside a TV or in a chequing account — you're losing purchasing power every single year,» says Preet Banerjee, a personal finance expert.

With a family income policy, rather than a lump sum of money, the death benefit is paid out in monthly increments as a portion of the total death benefit.

In a typical mortgage, you borrow money in lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIsIn a typical mortgage, you borrow money in lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIsin lump sum right at the beginning and then pay it back over a period of time using Equated Monthly Instalments (EMIs).

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.

Take too aggressive a stance and your lump sum could take such a hit during a severe bear market that it may have trouble recovering even when the market eventually rebounds, which could result in you running out of money before you run out of time.

What I'm doing is just dollar cost averaging once a month using what I have left over after my bills are paid... plus it spreads my investing money out over time instead of just lump summing a ton of money, just in case the bottom hasnt come yet.

While some people reinvest the dividends directly into new shares of the same companies they already own, others prefer to allow the dividends to accumulate in their discount brokerage accounts and then make a lump sum purchase once enough money has built up.

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.

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.

You can take the money in a lump sum or you can be issued a revolving line of credit.

Similarly, if you've recently come into money be it through a work bonus, surprise inheritance, redundancy pay out or such like, making the most of this lump sum is crucial to your financial wellbeing in the future.

A reverse mortgage allows qualified senior homeowners to borrow against their home equity tax - free2 while continuing to own and live in their house.3 The money can be received as a lump sum, 4 monthly payments, or a line of credit to access when needed.

So you invest the lump sum money in a liquid fund of the same fund house and then make an application to transfer a certain amount from this liquid fund to the equity fund at certain defined intervals.

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.

However, the borrower is constrained to receiving all of their money in a lump sum payment and therefore pays interest on the entire payment.

An STP is a method through which you invest a lump sum money via instalments over a period of time in equities.

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.

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.

-- Dollar Cost Averaging is an investment strategy where you are investing static amounts of chunks of money spread out over time (instead of a lump sum purchase) in a given investment.

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

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.

All financial institutions are required by the CRA to charge applicable withholding taxes on lump sum retirement withdrawals in the same year, unless you're transferring the money to an RRIF or an annuity, or taking advantage of the Home Buyer's Plan or The Lifelong Learning Plan.