Sentences with phrase «lump sums of money into»

Another easy way to boost your 401k plan is to invest your pay raises and other lump sums of money into your account.

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.

In its purest form, an annuity refers to the conversion of a lump sum of money into a monthly stream of income.

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.

Annuities are often used as a retirement planning tool primarily because they can allow you to turn a lump sum of money into a steady income stream for a set number of years, or even the rest of your life.

They allow you to convert a lump sum of money into guaranteed income for the rest of your life, or to invest over time and later convert the annuity contract's value into guaranteed income payments.

Gain a guaranteed income stream in retirement that you can't outlive by simply paying a one - time lump sum of money into this immediate annuity.

Not exact matches

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.

When will you get it into your head that you can't just go and offer a lump sum of money and have the other party just sell you their player.

But that lump sum of money is plowed into existing debt which solves a plethora of problems.

Immediate Lifetime Annuity: An account that provides payment as soon as a lump sum of money is deposited into the account.

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.

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.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and has a loan interest rate that they are locked into at the time of closing.

A fixed term reverse mortgage makes a lump sum disbursement of money once the loan closes, and loan interest rates are locked into the rate at the time of closing.

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.

Should I inject lump sums of money periodically into the Hang Seng Index as it tumbles with the global equity selloff?

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

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.

You can tap into a reverse mortgage through a single lump - sum payment, an annuity (which is paid out in one - time annual payments), a line of credit (where you can take out money as needed), or monthly payments, which is the route most seniors take.

An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured.

Amortization of a loan is the process of dividing a lump sum of money owed into regular payments, such as with a home mortgage.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

I don't have any lump sums of money just sitting by the wayside to pay this off, which is how I got into this situation in the first place.

Alternatively, if you get a lump sum of money, it could be wise to put something into a savings account to cover any unexpected costs in future.

And, if you do have a lump sum to invest and you're worried about a market drop, diversify your money into several different asset classes to minimize the impact of a big decline in one asset class.

Instead of receiving a lump sum of money, the beneficiary can choose to turn the death benefit into an annuity by using the lump sum to purchase the annuity, or what's called annuitization.

If you are traveling abroad and you get into an accident which results in your death, your family gets paid a lump sum of money.

For example, if you're near retirement and you have a lump sum of money you want to avoid spending all at once, an income annuity may help you manage your spending by spreading that money out into payments over time.

Immediate Lifetime Annuity: An account that provides payment as soon as a lump sum of money is deposited into the account.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

An SPIA — or a single premium immediate annuity — create instant income during retirement through taking a lump sum of money and converting it into regular payments that continue for a specified period, or for the lifetime of the insured.

Single - premium life (SPL) is a type of insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die.

His agent also explained that he could invest the lump - sum payment into his retirement plan to make even better use of his money.

You can either contribute a lump sum of money or make payments into your annuity over time.

You accumulate the principal for your deferred variable annuity over a period of time by depositing money into the plan at intervals or in one lump sum.

a lump sum of money is paid into the policy in return for a death benefit that is guaranteed to remain paid - up until you die

Single - premium life (SPL) is a type of life insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed to remain paid - up until you die.

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.