Sentences with phrase «of additional income for»

5) Income Benefit Rider — This rider is taken by people who think of making an arrangement of additional income for their legal heirs after their death.

Wolfberry trees are being distributed to impoverished households in China, serving as a stable source of additional income for families.

At 63 years of age, you are less than 2 years away from receiving Old Age Security pension, which is currently up to $ 6,765 per year of additional income for both you and your spouse.

Not exact matches

For people facing a precarious situation in the traditional job market, the additional income generated through on - demand work helped them to achieve some financial stability in the face of unexpected financial hardship.

Put another way: For every dollar of corporate income tax disbursed, companies paid an additional $ 1.09 in non-profit type taxes, $ 0.70 in other payments to governments, and $ 3.15 collected from customers and employees, and remitted to governments.

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.

Lasser said most U.S. households will see an increase in disposable income of 2 percent to 4 percent within the year, adding up to at least $ 200 billion in additional cash for the nation's consumers.

For people with higher levels of earnings, additional income is needed from the third pillar to meet this objective.

Because of this, individuals can not deduct contributions to a Roth IRA on their taxes, and there are additional income requirements for a Roth IRA.

For most of our charts, the website gives additional demographic detail, breaking down each time series by income, education, age, numeracy, and region of the country.

We also propose to include $ 3.3 million in additional resources to further support low income residents and offset the high cost of living for everyone.

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

Additional revenues for income tax cuts could also be found by eliminating income splitting for high - income families with children under18 (about $ 2 billion), and by eliminating many of the unfair and unnecessary «special» tax breaks (about $ 1.5 billion) introduced by the Conservatives.

This chart shows a hypothetical situation of a husband and wife who are examining their need for additional guaranteed income in retirement, based on their estimates of monthly basic living expenses and known sources of monthly retirement income.

We then calculated the annual retirement income needed to cover these living expenses, with an additional 20 percent to account for the «comfortable» aspect of retirement.

Those who have additional income should also include proof of that when applying for the loan.

ActionCOACH maintains its growth and strategic alliances by continual development of cutting - edge innovative technology, proven business processes and systems to add value, satisfaction and additional income streams for its franchisees.

A return of premium rider is available for an additional cost, but the income from these vehicles will be taxed as ordinary income in the same manner as other types of annuity payments.

An ATO Area Developer («AD»), will be rewarded by earning additional revenue from commissions for new offices sold (year - round) and a share of the tax preparation revenue of its Sub-Affiliates (passive income during tax season).

If you live in New York City, there's an additional income tax rate as high as 3.876 percent, for a total of nearly 12.7 percent.

The government proposes to change its rules for taxation of passive investment to account for this initial imbalance, charging an additional tax on passive investment income held by businesses when that income is distributed as dividends.

As for your Solo 401K numbers, it would appear that you'd be eligible to sock more away there, given that the max is $ 53K per year ($ 18K personal plus up to 20 % of your company's income as a base contribution up to an additional $ 35K), and more for your spouse if you count her as an employee of Financial Samurai.

Your retirement withdrawal needs might not be as great for the time periods when you have these types of additional income sources.

The Additional Child Tax Credit is designed for lower income individuals who were unable to take advantage of the full Child Tax Credit because they did not owe enough tax.

If you are unemployed or underemployed or have a seasonal job, then you may want to look for additional sources of income.

Both private research and internal assessments reportedly conducted (but not published) by the GSEs, however, raise significant doubts as to the numbers of additional low income borrowers that might be approved using VantageScore vs FICO for mortgage lending.

When applying for loans, customers provide information such as additional and individual income, date of birth, and address.

Any additional income not related to the selling of goods or services, such as investment income, must be accounted for as well.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

You could, for example, take withdrawals from a traditional IRA until your taxable income reaches the top of a tax bracket, and then take additional money you need from a Roth IRA.

Specific policies include a Canada Employment Credit and Tax Fairness Plan to reduce taxes for working families and seniors; tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new child care spaces; increasing the Senior Age Credit amount by an additional $ 1,000; and allowing income splitting for caregivers of family members with disabilities.

In general, it's more difficult to get approved for a jumbo loan as compared to a loan backed by the FHFA because of additional credit score requirements and more stringent income calculations.

So, it doesn't matter if you're desperate to catch up in your retirement fund, looking for additional income to meet the rising cost of living...

In this case, additional passive income sources will allow you to pay off any of your debts earlier, save for your retirement, take an extended vacation this summer and perhaps even retire early.

test that exists only for self - employed people claiming early benefits (because the test for people who have reached Full Retirement Age is * only * their age, remember; they need undergo no additional tests, such as hours worked or income) is to work a * very few number * of hours.

A variable annuity with optional benefits for an additional charge that combines the growth potential of a wide range of investment options with benefits designed for guaranteed lifetime income † and the opportunity to leave a legacy.

A Side Hustle is, «a way to create additional income without taking on the risks of going full throttle into the world of working for yourself.»

Things were not working out I was losing both money and time, my idea of additional income went for a toss.

Senator Sanders, for example, would pay for his plan by applying the 12.4 percent payroll tax (currently imposed on the first $ 118,500 of wages) to all income above $ 250,000 and then applying an additional 6.2 percent tax on investment income above that level.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The IRS waves the additional 10 percent fee for funds that are withdrawn in order to cover unreimbursed medical expenses if the charges exceed 7.5 percent of your adjusted gross income (for those under the age of 65).

For those of you who also feel your income taxes are too high and don't need additional income, this post should be of particular interest to you.

To ask people to «tithe» and additional 10 % to the church because «this is what the Law says» reveals a misunderstanding of the Mosaic Law, how this tithe was collected, and what this income was used for.

(12) This trend has been found among the elderly as well; (13) persons in lower - income households also watch considerably more television — an additional half - hour a day in the fall of 1976 — than the average for all individuals.

Higher numbers of heifers also provide the option for farmers to put beef across their older or lower performing cows, providing an additional income stream.

«These efforts will result in the opportunity for an additional 2,000 Sri Lankan dairy farmers to supply Fonterra, helping to grow the incomes of farmers across the country.

It can now actually become a substantial additional source of income for many processing plants.

«It can now actually become a substantial additional source of income for many factories and processing plants throughout the world, including the food, beverage and agro industry and other primary product processing.»

Chefs and venues will be hosting events throughout the year, with proceeds benefiting the Jacobson family for mounting medical bills and additional expenses due to loss of income.