Sentences with phrase «lump sums when»

If you put more than 20 percent down on a home, most lenders will allow you to pay your insurance and property tax bills yourself as lump sums when they come due.

My brokerage allows me to do this, but I like to be a little more hands on and buy in lump sums when I get them, or when I save up enough through my Digit account that it is worth making a buy.

Each paycheck, we DCA into various accounts (retirement and non-retirement); sporadically, we'll lump sum when we come across a larger pile of cash (bonus time to reduce a higher tax bill, a reimbursement check, etc).

You'll be required to make weekly repayment for invoice financing, instead of paying a lump sum when the invoice comes due.

We believe that, as well as the obvious benefit of a tax - free lump sum when your baby grows to age 18, saving for your child helps to educate them about the importance of money and preparing for their future, helping to set up positive habits from a young age.

At the end of the accumulation period, you can receive the principal and any earnings in one lump sum when the contract is surrendered (i.e., cashed in), or you may be able to exchange the deferred annuity for an immediate annuity.

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.

* Optional 25 % tax - free lump sum when age 55 - Income tax on remaining pension withdrawals will be applied based on your personal tax rate.

But they do not have to make any monthly loan payments, as the loan is repaid in one lump sum when the last borrower leaves the home and the home is sold.

The 2013 revised rule prevents homeowners from taking the full amount as a lump sum when the loan is approved.

Would you suggest me go for lump sum when markets are down or fixed date sip.

Cash - out refinance gives you a lump sum when you close your refinance loan.

How you receive your funds Cash - out refinance gives you a lump sum when you close your refinance loan.

Usually it is paid as a lump sum when the mortgage is taken out, or it can be taken off your mortgage advance at the time.

Each paycheck, we DCA into various accounts (retirement and non-retirement); sporadically, we'll lump sum when we come across a larger pile of cash (bonus time to reduce a higher tax bill, a reimbursement check, etc).

If your final salary service includes service before 1 January 2007, you will get a programmed lump sum when you take your final salary benefits.

You receive an initial lump sum when approved for the home equity loan.

If you only have final salary service after that date, or have any career average service, you will not get any programmed lump sum when you take your benefits.

You could get the funds in the account in a lump sum when you left.

You won't be able to collect those benefi ts if you take the money out as a lump sum when you leave the company.

John Mitchell, CEO of Reverse Mortgage of Texas, characterized the change this way: «Nine out of ten borrowers take the full lump sum when they take out a reverse mortgage.

RRIFs are used by those who don't plan to cash out their RRSP as a lump sum when they retire, and prefer to extend their investment and take smaller withdrawals by converting to a RRIF.

Critical illness insurance provides funds as a lump sum when you are diagnosed with an illness that is named in the policy.

Critical illness insurance is designed to ease the financial pressures of someone suffering from a serious illness by paying them a lump sum when they receive their diagnosis.

Over 50's Whole of Life cover brings you a guaranteed lump sum when you die.

This distinctive combo offers financial support for the loved ones of the departed insured any time before the policy gets matured and a lump sum when it matures for the surviving insured.

This scheme offers financial support for the insured's family in the case of unforeseen demise of the insured any time before the policy gets matured and a lump sum when the policy is matured for the surviving insured.

It is paid in lump sum when the policy holder survives till the end of the policy term and has paid all the premiums.

Paid in full discount: Pay your premium in one lump sum when you buy or renew your policy and get a discount of up to 10 percent.

Cash value is composed of a fraction of your premiums that have been invested by the insurance company into financial undertakings that can be given back to you when you withdraw it for some other purpose or, in case of whole life insurance, as a lump sum when you opt to cash in on your policy.

A Second - to - die insurance policy, also known as survivorship life insurance, covers two individuals, which is usually the parents of a special needs child, and pays out as a lump sum when both insured people pass away.

But sometimes — especially for team leaders and individual agents — selling your business in one lump sum when you're ready to bail can be a challenge, Given says.

This option reduces the risk that the buyer will default or that the seller will incur a big tax bill if the remainder of the purchase price is paid a lump sum when the buyer sells, Princis says.

Not exact matches

This option only works when, after making the lump sum payment, you still have enough assets and income to meet your other retirement goals.

He stopped contributing to his RRSP when the market crashed, but plans to restart — with a lump sum for the payments he missed — in 2010.

(The difference is that in home equity loan, the bank provides a lump sum, often for a specific purpose, whereas a line of credit is much like a credit card — available credit for you to use when you need it.)

What it really means: When investors fund a startup a little bit at a time instead of in a lump sum.

For instance, a $ 120 lump sum invested in the S&P 500 for 10 years had a 20 % higher return than when invested in monthly increments.

When April comes I'll pay my tax bill asap and then pocked the rest of the lump sum as a nice bonus.

When you buy an income annuity, you turn over a lump sum in exchange for the payments, and you usually won't have access to that money anymore.

When you sell your invention, you receive a lump sum payment or a series of payments.

«Automate your savings out of every paycheck, rather than putting lump sums in when you get around to it,» Pavini said.

When you get a home equity loan or a personal loan, you'll receive a lump sum upfront.

That is a significant amount to devote just to healthcare when you look at it as a lump sum.

Most of us, especially when we are younger, just don't have the money for lump sum investing.

It can be difficult to have the correct perspective when you are following the markets on a daily basis, but most average investors don't have to worry about this type of lump - sum, point - in - time investment performance.

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.

Btw the 10 year horizon is relevant to me as it is when I can take my 25 % lump sum from SIPP, so preferable taking it from bonds that have just been redeemed rather than selling down equities that may be in a bear market at the time.

For example, when the borrower receives a lump sum from a pension or investment etc..

Loans are great if you are looking to borrow one lump sum, but if you prefer to choose a specific amount when you need it, lines of credit may be a better option.