Sentences with phrase «lump sum which»

Having a critical illness plan that includes a cystic fibrosis life insurance caveat for children means that a parent as a policy holder would receive one lump sum which can be used for different purposes e.g. for kid's treatment.
You have an option to receive the maturity benefit as a lump sum which is Guaranteed Sum Assured at Maturity equal to 110 % of the Basic Sum Assured plus Vested Reversionary Bonuses plus Terminal Bonus.
Maturity benefit is payable as a lump sum which is equal to the sum assured plus accrued simple reversionary bonuses plus interim bonus plus terminal bonus, if any.
Maturity benefit is payable as a lump sum which is equal to the sum assured of Rs 5 Lacs plus Sum Assured plus accrued simple reversionary bonuses plus interim bonus plus terminal bonus, if any.The policy terminates thereafter.
The lump sum which the insurance buyer pays to the viator entitles him or her to become the beneficiary by getting the pay - out from the insurance policy in the event of the insured person dies.
The insurer pays the sum insured as a lump sum which is, by any means, a great financial help during a crisis.
Many people assume death benefits are only paid as a lump sum which is what most companies advertise.
In 2005, the Nigerian Court awarded Mrs Agbaje a life interest in a property in Lagos (worth c # 86,000) and a lump sum which was equivalent to c # 21,000.
Now upon reviewing the August statements, the lump sum which was contributed in May is sitting in what is essentially a savings account and has not bought shares of the funds we selected.
So why don't lenders offer a true reverse mortage which would compute and lend a stream of payments (at interest of course, but hopefully a rate reflective of the low risk given the high property value / loan ratio) rather than a useless lump sum which has seniors paying pretty high mortgage interest rates on a large amount of loan, rather than a interest on the (rising) amount of loan as the stream of payments accumulated.
These loans are expected to be paid off in one lump sum which is why you're giving them a personal check.
Recent CentreForum reports, «Tax and the coalition» (pdf) and «A relief for some» (pdf), proposed limiting tax relief on contributions to pensions to the standard 20p rate and restricting the lump sum which can be taken tax - free on retirement to # 42,475 (the rate at which higher rate tax starts) rather than the current # 450,000.

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.
The flexibility of myRA allows them change their contributions based on their current budgets, which means they can contribute lump sums to their accounts, or deposit money on a monthly basis.
Shkreli eventually persuaded Blanton to resolve his MSMB claims via a consulting agreement with Retrophin dated March 6, 2014, under which Blanton was to receive 200,000 shares of Retrophin stock in a lump sum (the «Blanton Consulting Agreement»).
In the meantime, the risk goes to the buyer for an early demise (in which the lump sum stays with the life insurance company), that the lump sum won't ever be needed for anything else, and that the risk / return / inflation snapshot in which the SPIA is negotiated will always be sufficient to provide for the buyer's future needs.
A term loan involves a fixed amount of funds, which the business receives in a lump sum once the loan is approved.
But many borrowers can't afford the lump sum payment, so they roll over the original loan, plus the original fee plus a new fee, which is higher than the initial fee because the borrower owes both the principal plus that fee at this point.
One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.
However, keep in mind that many borrowers who settle are often required to pay the loan in one lump sum, which can be hard.
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.
Another method is the lump sum payment, in which the investor's funds are transferred to an insurance company to purchase a revenue stream.
Under new IRS rules, which have affected other nonprofit CEOs, the money had to be re-reported as a lump sum in 2008, the year Graham became vested.
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
So does the VAT come in one lump sum at the end like it states under «pricing change» or with both listing and selling which it states under «new listings»?
The policy, which was the centrepiece of this year's Budget, will give retirees the chance to take out lump sums from lifetime annuities if the provider agrees in advance.
For instance, he can champion a major push for transparency which includes complete transparency on tax and subsidy benefits, lump sum spending, and the passage of a 21st Century FOIL law which puts FOIL completely online and links FOIL to open data.
Tedisco's bill requires all member items, discretionary funds, and so - called «lump sum payments», which are controlled by the Speaker of the Assembly, Senate Majority Leader and Governor and negotiated in many instances behind closed doors, be made public and fully transparent within the state budget.
A new report «Spending in the Shadows» by Citizens Union found «$ 2.4 billion in opaque funds in 80 «lump sum» pots in the state budget» which allow spending decisions to be made without an appropriate level of transparency, scrutiny and review after the budget has passed.
The town could have chosen to pay the amount due in one lump sumwhich according to his calculations would have saved $ 270,000 given an implied interest rate of 13 percent per year.
At the same time, DiNapoli said the budget proposal from Gov. Andrew Cuomo continues to rely heavily and expand on lump sum appropriations for projects that are yet to be determined, a move that is at odds with the Budget Reform Act of 2007, which was designed to increase transparency in the process.
Eliminating discretionary lump sum appropriations, through which the state spends billions of dollars with little, if any, justification for how projects were selected to receive funding or explanation of how the funding will be used, is another proposal the comptroller is supporting.
Among the largest lump sum appropriations are to the Empire State Development Corporation, which passes lump sum state funds to state controlled non-profit organizations like the SUNY Research Foundation, Fort Schuyler Management Corporation, and Fuller Road Management Corporation.
But today's proposal would do away with the need for endless pages of itemised expense, and the need for MPs to keep receipts of their purchases - replacing the system with a lump sum of # 23,000 for the second home which MPs could spend as they wish.
MPs» could receive a lump sum of # 23,000 a year for their second homes rather than the system of expenses which currently operates.
Dick Dadey, with Citizens Union, says the governor's proposal is weakest when it comes down to large, lump sums of money that can be spent at the governor's and legislative leader's discretion, which the harshest critics call slush funds.
His organization and other good - government groups are this year asked politicians to sign a pledge promising to reform the process of lump sum payments, which the Citizens Union said total $ 2.9 billion in the current year's budget.
«The new GI Bill has a change from the current bill that anyone who has written a tuition check will appreciate: Like the WWII - era GI Bill, the new bill makes its tuition payments available as a lump sum for a semester, quarter, or term, which is how most institutions charge tuition.
For instance, the review advocated giving grantees a lump - sum, instead of a contract in which every euro has to be accounted for.
Each longer membership becomes less expensive; a 3 - month trial for $ 16.99 / month, 6 - month trial for $ 13.99 / month, and a one - year trial for $ 9.99 / month, all of which can be paid monthly or in a lump sum payment.
Spartan, unsettling menus offer access to a «bonus» section that contains «Making Signs» (fullscreen), which runs 59 minutes if you watch it in a lump sum via the «Play All» option.
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).
Currently, teachers with more than 10 years of experience receive lump - sum bonuses, which will be eliminated under the new salary plan.
Hyundai offers buyers fixed - price servicing plans across its entire model range, meaning you pay a lump sum up front which covers all of your servicing costs over a certain period.
The thing about lump sum investing is that it is critical to time the market correctly, which is a bit tricky.
The first is to take a lump - sum distribution, which makes the entire amount taxable at the beneficiary's ordinary income level.
A balloon auto loan or residual payment loan is a loan in which monthly payments are made for a certain amount of time, ending with a lump sum payment to the lender at the end of the loan term.
But that lump sum of money is plowed into existing debt which solves a plethora of problems.
One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.
Your marginal tax rate or 32 %, whichever is lower — unless the lump sum is more than the untaxed plan cap, in which case the amount above the cap will be taxed at the top marginal rate
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