Sentences with phrase «lump sum value of»

If the income is shared to pay alimony, then it might be unfair to divide the lump sum value of the practice in equitable distribution (which would be a double dip).

For comparison, a 30 year old with a $ 100 annuity payable at age 65 would have a lump sum value of $ 3,011 at 4.52 %, but a lump sum value of $ 1,931 at 5.58 %.

The equivalent lump sum value of a pension at the start date.

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.

If we take the lump sum, then, we end up seeing that the expected value of a ticket drops further below zero, to - $ 0.71, suggesting that a ticket for the lump sum is also a bad deal.

Converting a typical U.S. monthly rate to a lump - sum premium using the rate schedule of PMI Group, the second - largest mortgage insurance firm in the U.S., an American customer with a fixed - rate 25 - year mortgage can expect to pay 1.15 % of the loan value to insure a mortgage with 10 % down.

The value of the vested Account balance in the Cash Balance Plan is payable to the team member at any time after termination of employment in either a lump sum or an actuarially equivalent monthly annuity as provided under the Cash Balance Plan and as elected by the team member.

This calculator is also referred to as a future value of lump sum calculator or retirement annuity calculator.

With mortgage providers offering mortgages with an LTV (loan to value) ratio of not more than 80 to 85 percent, the hurdle of needing to accumulate a saved lump sum before becoming a property owner would be drastically reduced.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.

The tally sheets also display the value of outstanding awards and lump sum pension estimates.

When an individual retires under a DB plan, she is entitled to a stream of payments that has a lump - sum value that we calculate using standard actuarial methods (which take into account expected mortality patterns and adjust the sum of payments to reflect the fact that they are received over many years rather than at a single point in time).

Parents have a strong incentive to maximize the educational value that their children receive from the voucher, but since a traditional voucher must be spent in a lump sum, there is no incentive to economize below the value of the voucher.

Conversely, when a teacher retires under a DB plan, she is entitled to a stream of payments that has a lump - sum value (or present value) that can be readily determined using standard actuarial methods.

Aside from the obvious value of receiving a large amount of cash as a lump sum, there are some risks with choosing an annuity to receive the death benefit.

According to MYFICO.com, the lump sum PMI payment will be about 2.2 percent of your home's value.

SV just after commutation is the special value, worked out just after the superannuation lump sum is paid, of the superannuation interest that supports the capped defined benefit income stream.

SV just before commutation is the special value, worked out just before the superannuation lump sum is paid, of the superannuation interest that supports the capped defined benefit income stream.

However, if you leave the job before you reach early retirement age — often 55 — many plans allow you to take out the lump sum equivalent value of your pension.

For example, if delayed or spread investments resulted in a terminal portfolio value of $ 93,000 and January lump - sum investments generated $ 100,000, then the penalty was 1 — 93/100 = 7 %.

Generally, the lump - sum penalty had a positive relationship with the investment delay — the longer investor waited, the bigger the shortfall of the terminal value of the portfolio.

But Buster's lump - sum TFSA contribution was about 33 % of the account's starting value, so it had a significant impact.

Commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted settlement

What if I die while receiving my payments?If you die while still receiving your payments through a non-life only option, your beneficiaries will have the choice of either receiving the remaining payments left on your payment schedule, or elect to receive the remaining account value as a commuted lump sum.

If you die while still receiving your payments through a non-life only option, your beneficiaries will have the choice of either receiving the remaining payments left on your payment schedule, or elect to receive the remaining account value as a commuted lump sum.

Fixed annuities offer a standard death benefit of a lump sum payment or withdrawals under an income option of the full value of the contract at time of death.

As a bit of review, the federal estate tax, is also coined the the «death tax» by opponents, and is a lump sum tax based upon the value of your gross estate upon death.

While a HELOC gives you the flexibility of tapping your home's value in just the amount you need as you need it, a home equity loan provides a lump - sum withdrawal.

Death Benefit Protection — Your entire accumulated value will be paid to your beneficiaries, who can elect to receive their benefits in a lump sum or series of payments.

These factors are home value, up to a maximum cap; age; interest rate; and loan type, which include a lump sum, monthly payment over a specified term, monthly payment over your entire life, line of credit, or some combination of these options.

While home equity loans give you all the flexibility and benefits of tapping into the value of your home when you need it, a home equity loan offers a lump - sum payment.

No more lapses As the policy premium is single and is paid up in a lump sum, therefore, you do not have to stress over policy getting lapsed in a case of premium non-payment hence, making the policy valid for the entire policy term, which creates a good cash value while you render policy benefits in the end.

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.

The cash value policy pays out a lump sum cash benefit upon the death of the insured for the benefit of the life insurance beneficiary.

If your home appreciates, you will pay Point back the lump sum you were given as well as a certain percentage of the home's current value.

Regardless, it's not uncommon to be given a choice between taking a lump - sum payment in lieu of your future monthly pension (known as a commuted value) or otherwise taking your calculated monthly pension payment in retirement.

«Among DB plan participants who were given a choice between a lump sum or an annuity, fewer than half (45 %) said that, at the time they made their decision, they recall being presented with information comparing the total amount of the lump sum versus the total value of the annuity payments,» MetLife's analysis continues.

Both the member spouse and the non-member spouse will receive a debit in their transfer balance accounts for the value of the super lump sum they receive.

The federal estate tax is a lump sum tax that is levied by the federal government based upon the value of the deceased owner's gross estate.

However, even though defined benefits are expressed as monthly income, they have a present value, which is simply the stream of their expected future cash flows expressed as a discounted lump sum.

AXA's long - term care life insurance provides the benefits of life insurance, including cash value accumulation and a lump sum death benefit, combined with long - term care insurance to provide for the costs associated with LTC services.

For Example: 72 - year - old homeowner can opt for a 6.5 % (6.83 % APR) and receive a lump sum of 38.6 % of their home value.

(A present value is a single number that expresses a flow of current and future payments in terms of an equivalent lump sum paid today; the present value of future cash flows depends on the discount rate that is used to translate them into current dollars.)

You might want your policy to pay out the value of your mortgage, or a specific lump sum for your dependents, or provide enough to cover both.

You can elect to withdraw the assets as a lump sum and be taxed on the entire value of the fund or you can set up a minimum distribution schedule based on your life expectancy.

You may even lose your job at some point; experience a disability; retire early, transfer a commuted value lump - sum payment from your pension into a locked - in RRSP; or decide to defer your pension start date at retirement — all things that could create a year or number of years where your income is significantly lower and strategic RRSP withdrawals could be made at a lower tax rate than today.

The loan amount depends on your age, the value of the home and how it is withdrawn (lump sum, regular payments or draw down as needed).

Property Value With Equity Key, homeowners can individually access 12 to 15 percent of their home's current value in the form of a lump sum or an annual stipend in exchange for a percentage of their home vValue With Equity Key, homeowners can individually access 12 to 15 percent of their home's current value in the form of a lump sum or an annual stipend in exchange for a percentage of their home vvalue in the form of a lump sum or an annual stipend in exchange for a percentage of their home valuevalue.

Instead of receiving the entire value of the equity in one lump sum, however, a HELOC works more like a credit card with total equity as the credit limit.

The amount they actually contribute to the plan has nothing to do with the value of the lump sum though.