Sentences with phrase «of gain in the policy»

If a VUL policy is a MEC, then partial withdrawals and loans are taxable to the extent of the gain in the policy, and if the policy owner is under age 59 1/2, may also be subject to a 10 % tax penalty.

If your policy is considered a Modified Endowment Contract (MEC), any loan you take will be taxable as ordinary income to the extent of the gain in the policy.

The amount of gain in the policy (the current cash value minus the dollars you contributed along the way) would be taxed at ordinary income tax rates.

Distributions, including loans, from a MEC are taxable to the extent of the gain in the policy and may also be subject to 10 % additional tax if the owner is under age 59 1/2.

If a VUL policy is a MEC, then partial withdrawals and loans are taxable to the extent of the gain in the policy, and if the policy owner is under age 59 1/2, may also be subject to a 10 % tax penalty.

If a policy lapses or is surrendered, the loan becomes immediately taxable to the extent of the gain in your policy.

If the policy is a MEC, all distributions (withdrawals or loans) are taxed as ordinary income to the extent of gain in the policy, and may also be subject to an additional 10 % premature distribution penalty prior to age 59 1/2, unless certain exceptions are applicable.

Not exact matches

Tax specialists and policy makers speculate that a possible plan would allow a capped amount to be tax - free on the sale of your principal residence with any proceeds over this amount to be taxed as capital gains in your tax bracket at the time of sale.

Online shoe - and - apparel retailer Zappos gained popularity with Internet customers in part because of its generous shipping policies.

One of the things the FCC gained with its newfound power was, in effect, authority over ISPs» privacy policies.

We should be asking what role public policy is playing in this phenomenon and whether a different set of policies would lead to a different distribution of economic gains.

«Child migration will affect certain states and localities differently, based on where costs such as education are incurred but also based on gains in terms of spending for things like shelter and transportation,» said Michelle Mittelstadt of the Migration Policy Institute.

A select few, those with the most to gain or lose by a shift in provincial policy, are calling lobbyists like Munro to establish some lines of communication to the potential new government.

May 2 - U.S. stock futures gave up earlier gains on Wednesday stemming from Apple's forecast - beating results, as caution set in ahead of the Federal Reserve's comments on inflation and monetary policy.

«The absence of a consistent policy weakens our nuclear nonproliferation efforts, and sends a mixed message to those nations we seek to prevent from gaining or enhancing such capability,» Corker said at a hearing in 2014.

«In the presence of uncertainty and the absence of accelerating inflationary pressures, it would be unwise for policy to foreclose on the possibility of making further gains in the labor market,» she said, adding that «disinflation pressure and weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in global markets could again pose risks here at home.&raquIn the presence of uncertainty and the absence of accelerating inflationary pressures, it would be unwise for policy to foreclose on the possibility of making further gains in the labor market,» she said, adding that «disinflation pressure and weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in global markets could again pose risks here at home.&raquin the labor market,» she said, adding that «disinflation pressure and weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in global markets could again pose risks here at home.&raquin global markets could again pose risks here at home.»

Uncertainty about the U.S. presidential race in the near term may produce periods of volatility for the U.S. dollar, yet RBC maintains that the U.S. currency will post modest gains against the Euro, Canadian dollar and sterling as markets look for a U.S. Federal Reserve policy rate increase in the first half of 2017.

The fact that declines in the aggregate US stock markets were about 100 times as much as the gains for steel and aluminium companies illustrates that because the steel using sector dwarfs the steel producing sector, the net effect of the tariff policy is to reduce US competitiveness even before considering foreign retaliation.

... in the presence of uncertainty and the absence of accelerating inflationary pressures, it would be unwise for policy to foreclose on the possibility of making further gains in the labor market.

This program brings a couple of dozen teachers to the Bank for four days in the summer in order to gain a better understanding of how policy is made and implemented.

In the base metals complex, only nickel and tin traded higher for the quarter.4 A slow start to Chinese restocking coming out of the Chinese New Year holiday weighed on prices for copper and aluminum, both of which saw their worst quarterly results in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy changeIn the base metals complex, only nickel and tin traded higher for the quarter.4 A slow start to Chinese restocking coming out of the Chinese New Year holiday weighed on prices for copper and aluminum, both of which saw their worst quarterly results in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy changein years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy changein China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy changein the metal.4 Outside the LME, US steel was buoyed by trade policy changes.

The bottom line is that the American public is being fed a carefully crafted mythology (no doubt «market tested» on «response groups» to see which images fly best) to mislead the American public into misunderstanding the nature of today's financial problem — to mislead it in such a way that today's policies will make sense and gain voter support.

If wage negotiations, for example, were to build in current low expected price increases — of the order of 2 to 3 per cent — that kind of behaviour would clearly produce better national outcomes than if larger increases (not backed by genuine productivity gains) were pursued and granted, only to be followed by a tightening of policy.

With the objective of learning from the rich experiences and lessons that other countries have gained from their own programs, in early 2016, the Asia Pacific Foundation of Canada announced a competitive policy research grant for research on best practices by foreign SME export assistance programs.

The funds were from Y Combinator's new Continuity Fund, which supposedly would be making pro rata investments at < $ 250 million valuations in all of Y Combinator's startups gaining additional funding, but the question as to whether or not Y Combinator has reversed its previously stated policy for the fund is less interesting than the fact the firm is also moving up market.

As we understand it now, the data mining and analytics company, based out of London, gained access to data on as many as 50 million Facebook profiles thanks to generous data - sharing policies Facebook app developers enjoyed back in 2014.

This rapid increase in exports to developing countries in recent years has gained the attention of Israeli policy - makers.

«We're underwriting a net loss in jobs and pretending it's a gain,» said Dave Swenson, an economist at Iowa State University and a longtime critic of the state's development policies.

Although the payment of the insurance premiums is not tax deductible, any increase in the cash value of the insurance policy due to investment gains is not taxed until you begin to withdraw the money after you retire.

On a more positive note politically, however, in recent months there has been a rising expectation that governments will increasingly start to focus more intently on fiscal stimulus, and we expect this theme to gain some traction in a number of major economies given the diminishing returns of unconventional monetary policy.

We want a country where the federal government does not adopt short sighted policy for political gain, but acts in the best interests of the whole country with a long term vision of what Canada can and should be.

In the absence of a coherent American policy for Libya, Russia is gaining influence in one of the most dangerous parts of the worlIn the absence of a coherent American policy for Libya, Russia is gaining influence in one of the most dangerous parts of the worlin one of the most dangerous parts of the world.

However, when one considers that more than half the gains in the S&P 500 from 2008 until the end of 2015 (when the FOMC began raising rates) came on days the Fed announced policy decisions then we should prepare for some harsh market reactions.

Additionally, most FOMC participants also saw relatively low risks of unwanted increase in inflationary pressures amid tighter labor market conditions, and there are signs that the risk management argument (asymmetrical risk with policy rate near effective lower bound) is gaining traction as well.

You should use caution and ensure that the aggregator company has appropriate policies and practices in place to protect the privacy and security of any information you provide or to which they are gaining access.

On April 13, the US cannabis index jumped more than 15 %, the largest one - day gain of the year, on news of a huge shift in US cannabis policy.

The bottom line is that tightening US policy conditions may represent a headwind for a maturing US bull market, while accommodative conditions outside of the United States could help a fledgling recovery gain pace in other regions.

Fortunately for the GOP, Christian conservatives do not believe in education and just are not intelligent enough to realize that the GOP is only using them to gain power so that they can implement policies that benefit the Top 5 % at the exclusion of the rest of America, Christian conservatives included.

To make gains among these voters, Republicans needed to make detailed (but pithy) arguments about what was wrong with Obamacare and the benefits of Republican health care policy X (read National Affairs to get an idea of some of the things they could have said), and do so in plain language.

It's a great opportunity for undergraduates and recent graduates to be an integral part of a good organization, gain experience in the world of state - level public policy, and....

An Israeli explained the bulldozing policy to me in this way: «We thought we would have to give up all the land we gained in the Six - Day War, so we cleared our borders of hostile villages.

DREAM Act - type laws aside, immigration policy won't result in any major Republican gains among nonwhites by itself, and waiting a couple of months to think things through won't hurt.

The main objectives of this Consultation were to analyze globalization and its impact on human rights; to study ethical and theological considerations with regard to globalization; to search for alternative development paradigms; to study the policies of developed nations on development and trade policies in the context of globalization; to gain inputs on the experiences of indigenous people, workers and farmers who are affected by globalization; to consider the response of the Churches to the challenges posed by globalization and to study and identify concerns that the Asian churches can take up in order to address the adverse impact of globalization in the Asian context.

Even if the policies adopted for the sake of growth benefit the rich first, in time the poor also gain.

FRC gained attention in the last days of the campaign for its advertising against Joseph Cao — a Republican congressman from Louisiana who supported hate - crimes legislation and an effort to repeal the military's «don't ask, don't tell» policy on openly homosexual service members.

Women, like blacks and members of other oppressed groups, must break their inner bondage and gain self - esteem if they are to use fully their potential in collective efforts to change the systems of injustice (discriminatory laws, pay scales, admissions policies to professional schools, among others).

The religious orientations associated with the two, therefore, are each likely to gain periodic reinforcement from government, and, at the same time, divisions of opinion in the wider policy arena are likely to reinforce the tensions between these orientations.

The experiences gained through practical use of a scientifically vetted system can help reform governance and policy in terms of:

After several unsuccessful transfer windows which saw high spending, but minimal real gains in terms of quality and improvements to the team, Liverpool FC's current transfer policy appears to be heading in a very different direction to that which preceded it.

She has served in several board leadership positions, and through navigating the private, independent, and charter school experiences of her own five children, has gained valuable insights into the diversity of school policy and practice.