Sentences with phrase «on in a lump sum amount»

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

Research from Vanguard shows that an «immediate» lump - sum amount in a portfolio that includes a 60/40 mix of stocks and bonds outperformed dollar - cost averaging by a margin of 2.4 percentage points on average during a 12 - month period.

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.

Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).

A partial lump - sum payment whereby a portion of the accrued benefit is paid to the participant and the remaining amount is transferred to an eligible retirement plan, as defined in s. 402 (c)(8)(B) of the Internal Revenue Code, on behalf of the participant; or

A home equity loan, though, provides you with a single lump sum of cash, again based on the amount of equity in your residence.

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.

Consider buying ETFs in a lump sum rather than periodic small amounts to cut down on brokerage fees.

That's because RRIFs offer more flexibility and tax savings than annuities (see the pros and cons of annuities at TSI Network) or a lump - sum withdrawal (which in most cases is a poor retirement investing option, since you'll be taxed on the entire amount in that year as ordinary income).

Balloon Mortgage Loan Payments on a balloon mortgage loan do not cover its fully amortized amount each period and at the end of the loan term, the unpaid balance must be repaid in a lump sum.

(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 lump — sum 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.

In general, the investments on mutual funds are carried by the lump sum amount which often leads to the involvement of market risk.

When you take out a second mortgage using your homes equity, you take the equity amount in one lump sum, and make monthly payments on the borrowed amount.

Research from Vanguard shows that an «immediate» lump - sum amount in a portfolio that includes a 60/40 mix of stocks and bonds outperformed dollar - cost averaging by a margin of 2.4 percentage points on average during a 12 - month period.

That's because RRIFs offer more flexibility and tax savings than annuities (see the pros and cons of annuities on TSI Network) or a lump - sum withdrawal (which in most cases is a poor retirement investing option, since you'll be taxed on the entire amount in that year as ordinary income.

Other common loans include a line of credit, which gives the borrower access to a certain amount of funds at any given time; a merchant cash advance, an advance based on future revenues of a business; and invoice factoring, in which invoices are sold for a lump sum of cash to improve cash flow and reduce debt.

As for putting in a lump sum or small amounts over time I think it depends on your circumstances.

My intent is to offer a lump - sum settlement amount if they will remove the report from my credit file with the bureaus, or alternately in return for a «paid» notation on my report file.

For example, she says, in the past, consumers who chose debt settlement traditionally had to work out a plan where they agreed on a settlement amount and the consumer had to pay it in a lump sum.

If you decide to take a lump - sum distribution, income taxes are due on the total amount of the distribution (except for any after - tax contributions you've made) and are due in the year in which you cash out.

You will also be paying off one lump sum in a fixed timeframe, instead of paying various lenders various amounts on differing payment schedules.

You can finance the cost of the insurance, paying an additional amount on top of your mortgage payment, you can pay the insurance premium in one lump sum each year, or you may be able to set up separate monthly payments with the lender or the private mortgage insurance company.

Debt Negotiators may ask you to get your hands on a lump sum and using this amount to offer in negotiations.

The changes included limitations on the amounts that can be drawn in the first year, the option to receive a smaller one - time single lump sum disbursement, as well as changes to the mortgage insurance premium, the principal limit factor tables, and requiring a financial assessment of borrowers» ability to pay future property taxes and insurance obligations.

However, if an individual on Medicaid were to receive a lump sum of $ 6,500 from his / her reverse mortgage loan and spend only $ 4,000 of it in the month in which it was received, putting the remaining amount ($ 2,500) in the bank, then he / she would no longer be eligible to receive Medicaid because after 30 days the $ 2,500 would become an asset and exceed the eligibility requirements.

The discount rate was set at 2.5 % in 2001 by the then Lord Chancellor meaning that lump sum compensation paid by an insurer to a person with a serious injury would be discounted by a certain fixed amount, on the assumption that the person will invest that money safely.

If the settlement provides for the payment of a lump sum in an amount offered by the insurer and, with respect to a benefit under the Statutory Accident Benefits Schedule that is not a lump sum benefit, the settlement contains a restriction on the insured person's right to mediate, litigate, arbitrate, appeal or apply to vary an order as provided in section 280 to 284 of the Act, a statement of the insurer's estimate of the commuted value of the benefit and an explanation of hoe the insurer determined the commuted value.

The amount of the lump sum is calculated according to a scale based on the applicant's age and on the assessment of his / her disablement which was made in the application for IIDB: the younger he / she is and the higher his / her disablement, the larger the award.

The court unanimously agreed, based on a 1976 Supreme Court decision, that the reasonableness of the monetary amount, i.e., whether the lump sum payments set out in the clause amounted to a genuine estimate of anticipated damages or a penalty, was only relevant to the issue of damages; it was not relevant to the reasonableness of the clause itself.

A death benefit on your insurance policy is an amount of money that may be paid out in a single lump sum...

Saving for the future: An endowment policy, in particular, ensures that the policy - holder saves regularly over a specific period of time so that they will receive a lump sum amount on the policy maturity in case they survive the policy term.

A pension plan is the retirement amount, which an individual gets from their insurance companies on a regular basis or in the form of a lump sum.

The choice between the two should depend on the convenience of the insured person, his ability to pay, and the discount provided in the lump sum amount.

The lump sum amount may also be paid in instalments depending on the terms and conditions of the plan and or the choice of the policyholder.

These diagnosis statements are produced by a physician with an expertise in that illness and the insurer is bound to pay out a lump sum amount to the insured without any additional charges on premiums.

In fact, with this new benefits plan, you can provide the employees you count on every day with a lump - sum amount of up to $ 10,000 to help with expenses related to the covered critical illnesses: heart attack, stroke, invasive cancer, major organ transplant (including heart), or end - stage renal (kidney) disease.

Like in case of critical illness benefit plan, the entire sum insured amount is paid in lump sum on first diagnosis of the any one of the listed critical illnesses.

ICICI Pru Cash Advantage: ICICI Pru Cash Advantage is a unique savings and protection focused plan offering guaranteed amount every month after the end of the premium payment term, a guaranteed lump sum amount on maturity, along with bonuses and life cover to take care of your loved one in case of your death.

The premium payment is annual for 30 years of the policy tenure In case of all the above 9 options, the death benefit amount will be paid in lump sum on diagnosis of terminal illnesIn case of all the above 9 options, the death benefit amount will be paid in lump sum on diagnosis of terminal illnesin lump sum on diagnosis of terminal illness.

With this rider, you will receive lump - sum amount on a valid diagnosis of a critical illness (Only if specified in the policy).

The plan ensures regular income flow for you and your family and in addition to it also provides you with a lump sum amount on maturity.

On death of the insured, an amount in lump sum is paid to the nominee post which, a monthly amount is paid for 5 years or till 60 years whichever is later.

If on the hand a policyholder opts for an installment option, then the 50 % of the sum assured is paid as a lump sum amount and the rest is paid in 5 equal annual installments.

The nominee on receiving the Death Benefit may withdraw the entire proceeds in a lump sum; or they may utilize the amount (partly or wholly) to purchase an annuity at the then prevailing rate from the Company.

Having such a plan helps both, in financially safeguarding the family in the event of the policyholder's untimely demise before maturity of the plan, as also providing a lump sum amount on maturity of the plan if the policyholder survives.

This is because in case of one - time or annual premium payments, the insurance company saves on administrative costs and also gets a lump sum amount in advance for the full year, as opposed to the quarterly or monthly payment options.

In that case, the term plan will pay the lump - sum amount and stop further investments but a Child Plan along with paying the lump - sum amount, continue investing on behalf of the policyholder.

It pays a lump sum if you die and you also get a lump sum amount on maturity in case you survive the policy term.

Endowment plans serve the dual purpose of insurance and investment: they provide life insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.

On the other hand, when you save regularly, it will accumulate into a lump sum amount in the future and you will be rewarded by way of interest and profits from the investment.