Sentences with phrase «on a lump sum basis»

The policy holder needs to pay premium regularly or on lump sum basis.
In exchange, the policy holder pays premium either on lump sum basis or regularly.
Judges and Prothonotaries can also order costs on a lump sum basis.
Spousal support can be sought on a periodic monthly basis or on a lump sum basis.

Not exact matches

Contract positions: Taking contract positions on a per - project basis allows you to earn larger lump sums of money to put toward paying off your debt.
The flexibility of myRA allows them change their contributions based on their current budgets, which means they can contribute lump sums to their accounts, or deposit money on a monthly basis.
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.
Based on 24 years of experience, you'll find out the important step - by - step methods to sell your ideas for a lump sum payout or license for recurring royalties.
In this case, your bank will provide a lump - sum loan payment or extend a line of credit based on this amount.
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.
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.
Repayment may be made as either a lump - sum payment when the invoice is due, or be required on a weekly basis.
The payouts from an annuity contract can be made as one lump sum or as a series of payouts over time based on your needs.
The multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»
Instead it creates an identity based on the lump sum of winks and appropriations.
Lump sum per pupil funding formula based on BPS average cost per pupil for regular education, ELL, special education, and vocational education students
The district said in a press release the money would be distributed through a 2 percent ongoing salary increase retroactive to July 1; a 2 percent lump - sum payment based on 2013 - 14 earnings;...
That's because you can manage your payments on a month - to - month basis, rather than pay a lump sum all at once, and you can drive your vehicle the entire time you're paying it off.
Repayment may be made as either a lump - sum payment when the invoice is due, or be required on a weekly basis.
If your interest rate is higher than, say, 4 % -5 % or so, you could start paying the debt down on a monthly basis instead of a lump sum.
You can choose any of the payout options based on your financial requirements — a) Lump sum or b) Increasing Monthly Income or c) Lump sum plus Increasing Monthly Income
A personal line of credit is the best fit when you may need access to funds on a recurring, as - needed basis rather than as a lump sum.
Air Miles competitor Aeroplan also allows collections to donate points to 510 active charities in either lump sums or on a regular basis by donating 2 % of all miles at time of accumulation.
Hands up if you diligently calculate your portfolio return at the end of the year, including not only dividends and distributions, but also lump - sum contributions (or withdrawals) on a dollar - weighted basis to reflect the date and sum of those transactions.
May be, SIP + lump sum investment based on DMAs can be a better strategy.
Dear Aasu, SIP or lump sum is based on your available resources and future goals.
And while this would require him to follow the markets on a monthly basis, the fact is that he would have come out better with a lump - sum purchase for almost half of the year.
A home equity loan, though, provides you with a single lump sum of cash, again based on the amount of equity in your residence.
Instead of paying the lender, the lender sends you money on a monthly basis, on a lump - sum, or on a needed basis.
In a Vanguard study (see figure 1) made by averaging for 12 - months compared to one single lump sum and based on rolling 10 - year periods, research showed a 67 % chance of outperforming when investing now compared to only 33 % with dollar cost averaging.
* Optional 25 % tax - free lump sum when age 55 - Income tax on remaining pension withdrawals will be applied based on your personal tax rate.
With a home equity loan, you receive a lump sum payment for whatever amount you borrow, based on the amount of equity you have available in your home.
It is assumed that the lump sum investment is made on the first STP date and the units of the equity fund have been calculated based on that day's NAV.
You can receive a lump sum payment from your death benefit, on a discounted basis, if you are diagnosed with a specific critical injury, such as a coma, severe brain injury, severe burns and paralysis.
If you convert based on your current, or attained, age, the cost of insurance will be more expensive, but you will not have to pay a lump sum at the time of issue.
(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lumpsum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.
Dear Harinath, Based on your profile, financial goals and current investments, suggest you not to pre-pay your home loan with a lump sum amount.
Calculate the odds based on today's lump sum payout.
Lump sum investment — You have to decide on your investment time - frame based on your Financial goals.
You can receive regular periodic distributions on a schedule that is calculated based on your life expectancy, or you can collect your entire investment as a lump sum.
The quote and pricing terms on this page are based on a max initial lump sum.
If you wish to make a lump sum withdrawal that exceeds the minimum amount it will be subject to withholding tax based on the same rates that are applicable to RRSP lump sum withdrawals.
A home equity loan, sometimes called a second mortgage, is a lump sum loan based on the equity you've built up in your home.
Most plans set lump sum and installment payments based on beneficiary age and the number of years of tuition purchased.
Determining an investments horizon, or term, is often based on the intention behind the investment more than the investment itself, such as when the funds will be used for other goals, or whether a lump sum or an income stream is the desired result.
Withdrawals are taxed as ordinary income and must begin after the account holder reaches the age of 70 1/2; withdrawals can be taken as a lump sum or in minimum annual installments based on life expectancy.
You can elect to withdraw the assets as a lump sum and be taxed on the entire value of the fund or you can set up a minimum distribution schedule based on your life expectancy.
There are restrictions on the circumstances in which the TRIS can be commuted to cash a lump sum that are additional to the circumstances in which any other account - based pension can be commuted.
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