Sentences with phrase «lump sums of money on»

Not exact matches

Contract positions: Taking contract positions on a per - project basis allows you to earn larger lump sums of money to put toward paying off your debt.

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.

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.

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.

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

According to letters sent by Mr. Bharara's office, Mr. Monserrate and Ms. Annabi are believed to have cashed out of their publicly - funded pension, collecting lumps sums — but have yet to pay up on money owed.

There are many websites on the Internet that promise of providing a free dating facility but end up shading a lump sum amount of money from your pocket.

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.

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.

Instead of paying the lender, the lender sends you money on a monthly basis, on a lump - sum, or on a needed basis.

However, speaking broadly, the lump sum of money paid to the policyholder does not usually have restrictions on how it can be used.

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

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.

Gaining tax leverage: The purchase of an annuity with qualified retirement savings (401k or IRA funds) can save you money on taxes over taking a lump sum payment.

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.

Family income insurance is similar to the previous types, only it pays a regular amount of money on a regular basis, rather than a lump sum.

Grandparents wanting to make lump sums can also follow these rules, potentially saving themselves a lot of money on their estate taxes.

On distributions, no one, not even professionals, are good at managing a lump sum of money to provide a stream of income.

other income sources or lump sums (like returns on investments, rental income, savings or gifts of money).

The third is silent, and leaves a lot of money on the table — most people would be better off taking an annuity from their pension plan than a third party, or trying to manage a lump sum on their own.

A mortgage customer who already has their loan closed and is currently being serviced can often elect to apply a lump sum of money against their existing principal balance and, rather than simply reducing what they owe on the loan, they end up with a reduced monthly payment.

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.

The nature of critical illness insurance also means that those relying solely on it won't receive any more money beyond the lump sum.

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.

The drawback to this though, is that once you've blown through the rather generous lump sum of cash that the game provides at the start, you'll find that money trickles in very slowly and earning enough to max out the stats on one vehicle, let alone upgrading to the next, soon proves to be quite the grindy chore.

Lump sum fees, contingent fees, volume - based discounts, or a mix of any of these can all be employed to help save you some money when taking on outside counsel.

From laddering term policies to taking an annualized income instead of a lump sum death benefit, we know all the ways to save you money on life insurance.

A death benefit on your insurance policy is an amount of money that may be paid out in a single lump sum...

However, speaking broadly, the lump sum of money paid to the policyholder does not usually have restrictions on how it can be used.

The money in your fixed annuity, which you invest as a lump sum, earns a guaranteed fixed rate of interest.2, 3 Fixed deferred annuities are not subject to the ups and downs of the stock market and you don't pay taxes on your earnings until you withdraw them.4 With a fixed deferred annuity, you will also receive protection for your beneficiaries through a guaranteed death benefit.2

The money in your annuity, which you invest as a lump sum, earns a guaranteed fixed rate of interest.2 Fixed deferred annuities are not subject to the ups and downs of the stock market and you don't pay taxes on your earnings until you withdraw them.3 With a fixed deferred annuity, you will also receive protection for your beneficiaries through a guaranteed death benefit.1

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.

Traditional / Endowment Insurance Product: Traditional Endowment Insurance products are designed to provide lump sum money on the maturity of the policy or on unfortunate event of death of policy holder before the maturity.

You can turn over this money to the insurance company in one lump sum or you may accumulate it over a period of years on a tax deferred basis.

PLI Anticipated Endowment Assurance (AEA) Plan is a Money Back plan, which provides guaraateed money backs (Survival Benefits) at specified intervals and lump sum amount on completion of term as matuMoney Back plan, which provides guaraateed money backs (Survival Benefits) at specified intervals and lump sum amount on completion of term as matumoney backs (Survival Benefits) at specified intervals and lump sum amount on completion of term as maturity.

Since the lump - sum payment is considered a return of post-tax dollars, the money is paid on a tax - free basis.

Though child insurance plans are varied in nature, what they all have in common is that in case of your unfortunate demise, your ward shall be paid a lump sum payment (death benefit), and the insurer continues to deposit money on your behalf in your ward's account under the» waiver of premium benefit».

As SIP allows investors to invest small amounts of money systematically instead of a lump sum, the investment can be done on a weekly, monthly and quarterly basis.

HDFC Ergo's Critical Illness is special health insurance policy that offers a lump sum payment on diagnosis of certain critical illnesses so that the policy holder can use the money for treatment of the disease.

A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.

However, the fact stays on that regular expenses are needed to be met on a monthly basis, and a one - time lump sum might sometimes leave the recipient mystified about how to put in or use that money, especially when they are not aware of the financial mumbo - jumbo.

Endowment plans serve the dual purpose of insurance and investment: they provide life insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.

Ensures growth of your money resulting in a substantial lump sum on maturity.

With investment part, it ensures the growth of your money that will help your child fulfill his / her dreams and with the insurance cover, it provides a lump sum amount on the death of the policyholder (parent).

A term plan will give a lump sum immediately in case of death but it will not be adequate when the child will actually need the money, as any lump sum the family receives will be spent on the upbringing of the child.

A death benefit on your insurance policy is an amount of money that may be paid out in a single lump sum or sometimes over a period of time in annuitized installments, in the event of your death during the period of coverage of your policy.

Bharti AXA Life Super Series is a non par, Money back plan that provides a lump sum payout on completion of the premium payment term along with increasing guaranteed payouts until maturity and a lump sum payout at Maturity.