Sentences with phrase «on averaging your contributions»

CPP calculations are based on averaging your contributions and «pensionable earnings» from age 18 until you start taking the benefit.

Your CPP entitlement depends on averaging your contributions and earnings in relation to the maximum each year from age 18 until you start taking CPP (or effectively age 65 if you start your pension later than that).

Your CPP amount depends essentially on averaging your contributions and «pensionable earnings» from age 18 until the point you start taking CPP.

Not exact matches

If current estimates are correct that the leakage rate is around 3 percent, then we calculated that switching all coal plants to average - efficiency natural gas plants would have little effect on the power sector's contribution to climate change.

Financial Engines, a defined - contribution managed - account provider, estimates the average single retiree leaves more than $ 100,000 in lifetime benefits on the table by fumbling his or her Social Security choices.

The NIA's study found that people with defined - benefit plans, such as traditional pensions, retire on average 1.3 years earlier than those with defined - contribution plans, such as 401 (k) s.

If returns on investments in your account over the next 35 years average 7 percent and fees and expenses reduce your average returns by 0.5 percent, your account balance will grow to $ 227,000 at retirement, even if there are no further contributions to your account.

Even though the contribution is low, Florida has a high average savings APY of 1.23 % — the second - highest on this list — which helps $ 1 million in savings to last over 18 years.

Based on respondents» maximum likely contributions, the average annual contribution would range from $ 1,000 to about $ 1,700 — well below the $ 2,000 average account balance that Overture projects after the first year.

Though last year's contribution — made from revenue on its portfolio of bond holdings — declined from 2016, it was well above the average in years before the financial crisis.

Without the contributions of those stocks, average returns would have been poor, well below the returns on fixed income of a similar duration.

On average, from 2012 through 2015, contributions rose 15.6 percent a year.

Think people are just scratching around looking for someone else to bash — they can't beat - up on him until he has one or two average contributions and then they can tell Wenger he wasted # 1M on him.

In my view he may well be past his best and like Ian Wright, l can not believe Wenger turned aside a bid of # 50 million for someone whose contribution to the team has been no better than average for some time.He has become a disruptive influence on and off the park and should have been sold during the last transfer window.

Based on his contributions since he was promoted to the first team, I rate him as average player with potentials.

A method has been developed to assess genetic and environmental contributions to the average difference between a selected group and the unselected population (DeFries & Fulker, 1985, 1988), in contrast to the usual genetic analysis that focuses on individual differences.

Candidates who raised money in contributions earned $ 192,030 on average.

George Osborne announced last year an increase, on average, of 3 % in pension contributions across the public sector from next April to raise # 2.8 billion by 2014 - 15.

Speaking just outside of the campus of SUNY - New Paltz, Sanders touched on many of the lines — an average campaign contribution of $ 27, taking on «millionaires and billionaires» — that became hallmarks of his bid for the Democratic presidential nomination, and said that Teachout embodies those same values.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

Teachout, who has made limiting the influence of money on politics a core campaign issue, has said that she was focused on grassroots fundraising efforts, with contributions averaging just $ 19.

«There are those who contest that the UK has historically set far too much store by home - ownership and that we should be unconcerned that the average age of the first - time buyer is approaching forty but taken together, this trend, the spread of means - tested benefits, the regime for long term care, the damage done to private pension provision by one of Gordon Brown's earliest misjudgements, compounded by the current squeeze on household finances which has seen over a million people forced to abandon contributions to their pension funds, all amount to a massive turn away from a culture of property ownership with the responsibility and independence that goes with it.»

Other surveys, such as this one by the Committee on Economic Development demonstrate support for reform is also strong in the business community; 72 percent are in favor of creating a public financing system that would match low - dollar contributions and give average citizens more incentives to contribute to campaigns.

Auditors found that Plainedge spent an average $ 1.2 million annually on costs such as contributions to workers» pensions.

Its contribution to heating forcing (caused by greenhouse gases, ground - level ozone and «black carbon» [4]-RRB- is 12 % on average.

«For the most recent time, we show that the total impact has grown on average ~ 4 percent between 1950 and 2010, with almost equal contributions from population growth (~ 1.7 percent) and GDP per capita growth (~ 2.2 percent).

So the report notes that the current «pause» in new global average temperature records since 1998 — a year that saw the second strongest El Nino on record and shattered warming records — does not reflect the long - term trend and may be explained by the oceans absorbing the majority of the extra heat trapped by greenhouse gases as well as the cooling contributions of volcanic eruptions.

Peter Lawrence argues that the more «male» tendency to aggressiveness and self - promotion gives men a competitive edge over the average woman; one suggestion is that scientists» contributions be evaluated by actually reading the published papers and consulting experts as to their significance, rather than counting the number of articles or dwelling on the profile of the journal [5].

Using data on contributions from NASRA and pension fund annual reports where necessary, and using weights based on the number of teachers employed in each state or district as reported in the NCES Common Core of Data, it is possible to compute average employer contribution rates for teachers.

Pension contributions amount to 17 percent of a teacher's salary, on average, or more than $ 1,100 per student nationwide (see Figure 1).

As we wrote last summer, «The average state pays an interest rate on employee contributions of 3.45 %.

New research by Jonathan Butcher shows that, on average, federal money pays for 41 percent of the salary expenditures at state education departments in the 34 states for which comprehensive data are available — but federal requirements are disproportionate to the federal contribution.

On average, that match for employee contributions was equal to 4.3 percent of a teacher's salary.

On one side, some reformers have favored scrapping traditional teacher pension plans (defined benefit, or DB, of the «final average salary» type) in favor of the IRA - type plans received by most private - sector professionals (defined contribution, DC).

These required pension contributions will likely constrain the district from spending money on anything else, including field trips, classroom supplies, extra services for high - need students, technology, and raises, which is unfortunate because our teachers remain underpaid compared to the average across Alameda County school districts.

Bucher added that, «The doubling of employer contributions towards CalSTRS in the coming years will pose a significant challenge to schools already paying nearly $ 95,000 a year on average teacher compensation.

The new structure is based on six contribution tiers, but members will still pay an average of 9.6 per cent.

According to the National Council on Teacher Quality (NCTQ), 40 states have raised district retirement system contribution rates an average $ 1,200 or more per teacher each year.

Its combined fuel consumption is only 6.8 litres per 100 km on average — a value that is also enabled by contributions from the thermal management, energy recovery and start - stop systems as well as the regulated oil pump.

It was TFSA contribution season, and I dumped my $ 5,500.00 contribution directly into Dream, picking up 345 shares at an average price of $ 15.97 on February 1.

Benefits are calculated according to a somewhat complex formula based more on average earnings (and thus contributions) than on years of paying in to the system.

Record keepers on average roll over about 30 % of defined contribution pension assets at the retirement of the members of those plans.

An analysis of traditional and Roth IRA contributions made by Vanguard Group customers for the 2007 through 2012 tax years showed that, on average, 41 % of the dollars contributed to IRAs for any given tax year are invested between January and April of the following year.

Assuming your earnings average $ 75,000 prior to retirement, inflation is 2.5 %, you earn a rate of return of 5 % on your RSPs, you get maximum Canada Pension and Old Age Security and you make no additional contributions to your RSP, you can expect after - tax income of roughly $ 43,000 in today's dollars through to your age 95.

Assuming an average return of about 6 %, the rollback of the TFSA will cost an individual about $ 25,000 over the next 25 years (on the lost $ 4,500 in contribution room alone).

In a recent post Felix Salmon at Reuters talks about how individual investors, on average, were harmed as their savings shifted over time from defined benefit to defined contribution plans.

Steve, However, most folks have a lower tax rate on withdrawal that contribution, either because they are in a lower tax bracket, or their average tax rate is lower.

Personally, I'll first max out the RRSP because the average tax on my contributions will likely be much less than the average tax on withdrawals.

Withdrawal tax is usually less than tax deferred on initial contribution — Since you contribute at your marginal tax rate and withdraw at your average tax rate then this account is quite beneficial for most investors.

webb: Very few people pay a higher average tax on RRSP withdrawals than the tax rate on their contributions.