Sentences with phrase «mean an income of»

The City Council added a fourth option to the plan that would make 20 percent of units affordable for people who make 40 percent of AMI, which would mean an income of $ 34,520 for a family of four.

Not exact matches

Salman Khan of the Khan Academy runs through a hypothetical income statement and identifies what each number means.

For Cartwright, freelancing meant initially earning about half of what she made in her full - time job, but within six months, she had replaced her full - time income.

The Trump administration's moves on Obamacare last week — including the decision to stop paying subsidies meant to lower low - income enrollees» out - of - pocket medical costs to insurance companies — have dominated health care headlines.

High - income Wall Street financiers could be unintended winners from a section of U.S. President Trump's tax - cut plan that is meant to help mostly small, «mom - and - pop» businesses.

«To have a high per - capita income and low income inequality is worth noting, because it means that a broad section of the population has the ability to put money towards their retirement,» he explains.

The difference is that in an S corp, owners pay themselves salaries plus receive dividends from any additional profits the corporation may earn, while an LLC is a «pass - through entity,» which means that all the income and expenses from the business get reported on the LLC operator's personal income tax return, says Ebong Eka, a CPA who also pens his own blog about the world of entrepreneurship at MoneyMentoringMinutes.com.

But I'm disturbed by the glee with which so many people celebrated the fact that he lost his job — his source of income, his means of supporting his family — as a result of his drunken bad behaviour.

However, as I wrote in «5 reasons why the housing market won't crash,» the Bank of Canada will only allow its rates to climb as long as the economy is growing vigorously — which, in turn, means that employment and income levels are trending upward.

However, the Bank of Canada will likely only allow its rates to climb as long as the economy is growing vigorously — which, in turn, means that employment and income levels are trending upward.

Studies suggest that even one more year of school means a 10 percent to 20 percent boost in income.

That means that as gross domestic product (GDP) has expanded, the gains have flowed to corporate and owners» profits and to the state, which is delighted to collect higher taxes at every level of government, from property taxes to income taxes.

Even if these families had the means, suing wouldn't be worth the legal fees because state legislators passed a law barring citizens from winning compensation for damages related to health, quality of life, enjoyment of property, or lost income caused by factory farms.

As it turns out, people with higher income levels are more likely than those of modest means to opt for HSA - qualified health plans, because they are less concerned by the potential out - of - pocket medical costs and more interested in the tax savings, according to Fronstin at EBRI.

However, they hedge their bets ever so slightly, whether that means cultivating their networks and looking for additional opportunities, even when things seem to be going great — or even launching a full - blown side business or second (or third) source of income.

The limits of tax cuts as a way of stimulating the economy are also obvious; as I reported in Why Growth May Still Leave 95 % of Americans Behind, rising income disparity means that tax cuts benefit the top 5 % and make relatively little difference to the bottom 95 %.

The other 41 states have either a flat income tax — meaning everyone, regardless of how much they earn, pays the same percentage of their income to the government — or a progressive income tax, which means your tax rate is determined by your income.

We like what a lot of that means for fixed income and higher - yielding fixed income.

A special needs trust lets parents, other family members and other interested parties contribute funds for the benefit of a disabled person, while also enabling him or her to still receive means - tested benefits such as Medicaid and Security Supplemental Income (SSI).

In terms of debt, Maryland residents have $ 67,020 in per - capita debt, meaning their debt - to - income ratio is 1.84.»

Economic growth has traditionally meant that everyone is better off, but in Canada the latest surge of growth simply concentrated income gains in the hands of a few, with the richest 1 % taking almost a third of all income growth between 1997 and 2007.

Gallup reports that 80 percent of Boomer startups are built as lifestyle choices meant to supplement retirement income and keep the mind engaged.

In essence, if correct, this means there is less price risk in government debt securities than corporate fixed income issues, and therefore the extra 10 % should largely be made up of government bonds rather than corporates and preferred shares.

Nest will install one million of its thermostats, meant to save on energy usage and costs, in low - and moderate - income households over the next five years.

The CEO of the Washington - based firm made jaws drop when he announced that, over the next couple of years, all of his employees would be brought up to the $ 70k mark — a change that would mean doubling the income of his lowest - paid employees.

While Democrats call the plan a boon to the rich, some aspects of the plan — mainly the elimination of state and local tax deductions — will mean a tax hike for certain high - income earners.

This particular deduction lowers your adjusted gross income, meaning that there's less chance of you being rendered ineligible for certain other tax breaks.

This means they can be used to offset other forms of income (i.e., from other work or investments).

A guaranteed minimum income often means different things to different people, but at its core it can be described as a no - strings - attached benefit that governments provide to citizens instead of various targeted social benefits.

Often, those who don't offer a 401 (k) have no other means of lifetime income.

One of the easiest ways to ensure that Obamacare does «explode,» as President Donald Trump has repeatedly predicted it will, would be to stop paying insurers a specific type of subsidy meant to reduce lower - income Americans» out - of - pocket medical costs.

Americans currently spend about 6 % of their monthly incomes on food, so the upmarket trend in fast - food means one of two things.

Social Security was never meant to be your sole source of income in retirement.

This was widely interpreted as a rebuke to France's newly minted Socialist president, who is making good on campaign promises to tax the hell out of high - income citizens as a means of bridging the country's yawning deficits.

And health can complicate matters: If you fall ill, it can be much harder to work — but if you're healthy, a longer lifespan means your savings will need to cover more years of income.

The rest of the states fall under equitable distribution law, which means assets are distributed fairly (but not necessarily equally) according to income, circumstances leading up to the divorce and other factors.

Earning even a small amount of income in your retirement years means you don't have to rely 100 percent on your savings to fund your lifestyle, and that in turn means you may be able to retire with a little less in the bank.

This means he is prepared to be more forgiving in terms of past credit problems, will accept income volatility among the self - employed, and will ease onerous requirements to produce bank records from other countries when it comes to writing mortgage insurance policies for immigrants.

That means Drew should put all of his bonds into his existing IRAs, where he won't have to pay tax on their income until retirement.

As part of our initial analysis, we asked to see financial statements, and the owner handed us a three - ring binder containing monthly financials — meaning an income statement, balance sheet and cash - flow projections.

A different approach would strengthen individual savings accounts by requiring workers to contribute out of pre-tax income, combined with a redistributive means - tested safety net for those who fall into poverty in old age.

The strengthening in the Japanese currency meant that the income from investments in dollars shrank when translated into yen, so that it fell far short of the payments guaranteed to Japanese investors.

«Credit is a means of smoothing [erratic incomes] but the question is how do you structure it in a sustainable fashion.»

When you're young, he explains, the majority of your wealth is tied up in human capital, meaning your skills and the knowledge you employ to earn income.

This press release contains forward - looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements related to our expectations regarding: GAAP net revenue, GAAP gross margins, GAAP operating expenses, GAAP operating loss, GAAP tax expense, GAAP EPS, non-GAAP revenue, non-GAAP gross margins, non-GAAP operating expenses, non-GAAP operating income (loss), non-GAAP tax rate, non-GAAP EPS, share count and cash.

While not the most glamorous of jobs, some companies pay you by the hour instead of a commission, meaning that no matter what happens, you'll receive a regular income.

I do know is that it is possible, above a certain income level, to maintain a sizable overhang and live well below your means, because I know a lot of people who do it.

Only 60 percent of respondents selected the correct answer of «Income,» meaning two - fifths of people might not know all the factors that can impact their credit score.

The obstacles mean that only two - thirds of Canadians at risk of cervical cancer are regularly screened for it — a rate that's much lower among new Canadians, low - income womenand remote populations.

Entrepreneurs are also attracted by the local economy of Troy, where the median annual income of $ 72,333 is complemented by a median housing cost of $ 1,366 a month, which means a resident would plan for about 22.2 % of income for housing, the second - lowest proportion in the top 10 cities.