Sentences with phrase «of lump sum payments of»

Any portion of lump sum payments of retroactive Social Security Disability benefits paid to children not credited against the existing child support arrearage is properly treated as a gratuity to the children.

Not exact matches

• About 16 per cent of mortgage holders increased their mortgages payments in 2016 and 18 per cent made an additional lump sum payment in the last year.

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

These are financial products that provide you with a series of monthly payments in exchange for one lump - sum purchase, and some of them promise that regular income for life.

Gelsinger won't share specifics on the packages offered to the workers who were let go, but a VMware spokesperson says that their severance included an undisclosed period of full pay and benefits, a lump sum payment based on years of employment, and outplacement services.

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.

Unlike purchase arrangements at other carriers, Sprint's leases require the customer to turn their iPhone in at the end of the 18 - month term or make a lump sum payment (customers can also upgrade their phone after 12 months).

If you can't afford to give your spouse a lump sum payment, you may be able to persuade him or her to accept a steady stream of payments over time or a percentage of future proceeds once the business is sold.

A balloon payment is a lump sum paid at the end of a loan's term that is significantly larger than all of the payments made before it.

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

By making one large lump sum payment, balloon loans allow borrowers to lower their monthly loan repayment costs in the initial stages of paying back a loan.

«I paid a bit extra for a few months [and] then made a lump sum payment of around $ 3,000 to completely knock it out.»

The repayment schedule is also hassle - free: you choose a fixed percentage of your daily PayPal sales for automatic repayment, meaning you don't have to worry about making a lump - sum payment each month.

You could buy a 5 - year MYGA, for example, for a lump sum payment of $ 75,000 that's currently sitting in a low - interest savings account, to guarantee a steady stream of income for the next five years.

In an immediate annuity, the purchaser gives an insurance company a lump sum of cash and receives payments until they die.

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

The compensation can be a lump sum payment or a series of payments (monthly or quarterly over a fixed number of years).

In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.

Instead of receiving annual grazing fees, the federal government would receive an equivalent lump - sum payment.

In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.

There is no upfront cost to this type of PMI, and no waiting period to cancel it via a refinance or lump - sum payment to your principal loan balance.

If you've ever seen The Shark Tank, the American Dream is to create a product and sell it to an investor and make millions of dollars, whether it be for recurring passive income, or whether it is a huge lump sum payment, but why not try your hand at creating another passive income strategy for 2016.

You can then see how much interest you can save over the course of your mortgage by changing your mortgage rate, or by making accelerated payments and lump sum payments.

That's because when you invest a lump sum with an insurer today, the insurance company guarantees you will receive a monthly income payment for the rest of your life.

Some 18 per cent of respondents said they had increased their payments in the past year and 16 per cent said they had made lump sum payments.

Deferred annuities will grow tax - deferred for a period of time before being paying out, and they can be funded with either a single lump - sum purchase or with a series of payments.

The settlement requires payment of a lump sum amount of $ 50,000 from Target Canada Inc. for the exclusive benefit of a registered charity selected by your Representatives.

If possible, consider putting part or all of any bonuses, tax refunds or other lump sum payments into your retirement savings, and don't assume that your current retirement plan contributions are enough.

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.

Instead of paying a large lump sum on an annual or semi-annual basis, these fees are automatically consolidated into your monthly mortgage payment so you don't even have to think about it.

One option is known as «single premium», in which you make a lump - sum payment at the time of closing which covers your PMI policy for as long as your mortgage is active.

Say you want to pay off the remainder of your student loan debt with a big lump sum payment.

In exchange for a lump sum or a series of up - front payments, you will later receive a steady, predictable annual income.

If you bought a home at the median price of $ 255,990 and wanted to avoid paying private mortgage insurance, you'd need to put down a 20 percent down payment (more than $ 50,000) in one 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.

Distribution — The payout phase of an annuity comes when the accumulated value is distributed — either via a lump sum or a series of payments over time.

«And doing that enabled us to better manage our cash flow, and our resources, and our work schedules, and our efficiency because we were now doing more work throughout the year and receiving more payments throughout the year, instead of large lump sums at the same time of every year,» says Kendrick.

With this type of agreement, the taxpayer can usually choose to make a lump sum tax payment or set up an installment plan.

The lump sum payment can not be less than six times or more than 36 times the monthly amount that would be payable under the plan of payment selected.

It emerged last night that ministers have dropped plans to allow women who have taken time out of work to top - up their national insurance (NI) contributions with lump - sum payments.

«I never hid from it, I never avoided working with the IRS to work this out... I've reduced it through monthly payments and at end of the year I made four lump sum payments to bring that balance to zero.»

Tedisco's bill requires all member items, discretionary funds, and so - called «lump sum payments», which are controlled by the Speaker of the Assembly, Senate Majority Leader and Governor and negotiated in many instances behind closed doors, be made public and fully transparent within the state budget.

In respect of both individuals there will be: • No lump sum payment • No annual short - term performance bonus for 2012 or 2013 • No long - term share award for 2013

UPDATE: Larry Rulison of the Times Union has reported, after reviewing the separation agreements, that the four former employees «received a total of nearly $ 115,000 in lump sum [separation] payments.»

The Association of British Insurers (ABI) has responded to the Treasury's announcement that pensioners will be able to cash in their annuities for a lump sum payment from April 2017.

Parker received a lump - sum payment last month for his $ 22,000 leadership stipend, forcing Senate Majority Leader Malcolm Smith (D - Queens) to scramble Monday for a way to get at least some of the the money back.

The Islanders» sublease with SMG, agreed upon during the final days of Democrat Thomas Suozzi's tenure as Nassau County executive in December 2009, also stipulates that the hockey team owes SMG a $ 7 million lump sum at the end of the lease as part of a deferred rent payment plan.

Loveless chose to take his winnings in a lump sum payment of $ 29,552,283, according to the state Gaming Commission.

In 2010, Chief Salzmann received a lump sum buyout payment of $ 3,100 for 37 vacation days although his employment contract only entitled him to convert a maximum of 30 vacation days per year for pay.

Tier VI also eliminates lump sum payments of unused sick and vacation time from the calculation of final average salary.