Sentences with phrase «once in a lump sum»

Payments can be given all at once in a lump sum, as a regular monthly term payment or through a line of credit at times and in amounts that you choose.
This credit does not have monthly payments of a set figure, but instead is due all at once in a lump sum payment of the full amount owed.
With most settlements you do need pay off the each individual credit card debt all at once in a lump sum by paying the creditor the reduced debt settlement figure they have agreed to with your debt negotiation firm.
It works like other whole life insurance policies, except that instead of paying an annual or monthly premium, the owner only needs to pay once in a lump sum single premium payment.

Not exact matches

A term loan involves a fixed amount of funds, which the business receives in a lump sum once the loan is approved.
Once you're granted a personal loan, you'll receive the funds in one lump sum.
This means that the mortgage is paid off in a lump sum all at once, rather than in a series of fixed payments like for other installment loans.
The premise behind an immediate annuity is simple: you give an insurer a lump sum in return for monthly payments that start at once and continue the rest of your life.
«In much the same way investment advisors and the investment industry preach dollar - cost - averaging and investing small increments of money over a long period of time, as opposed to one lump sum of money all at once, I think that just goes to justify the benefit of taking the payments over the long run,» says Heath, «Especially if one didn't have a lot of financial aptitude.»
What I'm doing is just dollar cost averaging once a month using what I have left over after my bills are paid... plus it spreads my investing money out over time instead of just lump summing a ton of money, just in case the bottom hasnt come yet.
While some people reinvest the dividends directly into new shares of the same companies they already own, others prefer to allow the dividends to accumulate in their discount brokerage accounts and then make a lump sum purchase once enough money has built up.
With an immediate annuity, for example, you invest a lump sum with an insurer in return for monthly payments that start at once and continue as long as you live.
The first option is a fixed term reverse mortgage, which disburses the money in a lump sum once the loan closes.
Tip: Look for a home buyer's CD that allows you to keep adding money in each month if you can't afford to invest a lump sum all at once.
For example, using DCA could require paying multiple brokerage fees to buy shares of a stock in several lots rather than just once, which would further diminish your returns as compared with the lump - sum method.
Once the reverse mortgage loan has been approved, the funds are disbursed to the borrower according to the payment options they've selected (in a lump sum, as monthly payments, or through a line of credit) and a new lien is placed against the property.
The reduced debt that my clients owe once I have negotiated with the creditor can be paid back in a lump sum or over a short - term -LSB-...]
Instead of taking the Death Benefit of a life insurance policy all at once as a lump sum, it's also possible to receive the policy's payout in regular installments.
A term loan involves a fixed amount of funds, which the business receives in a lump sum once the loan is approved.
What makes a payday line of credit different from a standard payday loan is that you don't just get one lump sum of cash to spend at once and repay in full.
In retirement, your withdrawals will likely be small, periodic amounts each year rather than a lump - sum all at once.
Personally, I follow a mix of both, I let my SIPs continue and at the same time invest additional lump sum amounts once in a while when markets are in downward trend.
However, this is not the case with payday loans as it usually requires payment in one lump sum once you receive the paycheck.
Dental practice loans help patients pay for dental works in parts, instead of paying one lump sum at once.
Once you get a lump sum that can help you write off your debts, you'll be in a position to negotiate for lower interest rates that lower the total debt payable.
Putting it another way, the results of dollar cost averaging depend on returns after you put in the last dollar of the lump, as does investing the lump sum all at once.
Depending on how much equity you have in your home, you may have the option of borrowing cash at the time of the refinance — so that once all the paperwork is done, you'll have a lump sum in your bank account, which you will pay back as part of your regular mortgage payments.
In return for proving that you simply can not afford their demands, the IRS will reduce the amount of money you owe, and offer you an easier repayment schedule, typically extending the payments out over a period of several years, rather than requiring that you pay everything all at once in a large lump - suIn return for proving that you simply can not afford their demands, the IRS will reduce the amount of money you owe, and offer you an easier repayment schedule, typically extending the payments out over a period of several years, rather than requiring that you pay everything all at once in a large lump - suin a large lump - sum.
In theory, once a sufficient balance accumulates in the escrow account, the Front DSCs will approach creditors and utilize the accumulated balance to settle outstanding debts for a lump sum in return for fees that are strictly regulated by laIn theory, once a sufficient balance accumulates in the escrow account, the Front DSCs will approach creditors and utilize the accumulated balance to settle outstanding debts for a lump sum in return for fees that are strictly regulated by lain the escrow account, the Front DSCs will approach creditors and utilize the accumulated balance to settle outstanding debts for a lump sum in return for fees that are strictly regulated by lain return for fees that are strictly regulated by law.
You hand over a lump sum to an insurer in return for the insurer's promise to pay you guaranteed monthly payments for life that start at once (immediate annuity) or at some point in the future (longevity annuity).
I'd like to pay for his year of preschool in one lump sum this year (in August), mostly to simplify things (as it's being paid from funds gifted to us designated for education, it's better for us if we disburse them at once rather than having to manage transfers each month).
Once it reaches a certain level, the company will reach out to your creditors in hopes that they'll accept a lump sum that's less than what you actually owe.
In return for investing a lump sum (or premium, as it's known in annuity - speak) with an insurance company, you receive payments that begin at once and continue for lifIn return for investing a lump sum (or premium, as it's known in annuity - speak) with an insurance company, you receive payments that begin at once and continue for lifin annuity - speak) with an insurance company, you receive payments that begin at once and continue for life.
The drawback to this though, is that once you've blown through the rather generous lump sum of cash that the game provides at the start, you'll find that money trickles in very slowly and earning enough to max out the stats on one vehicle, let alone upgrading to the next, soon proves to be quite the grindy chore.
So, for example, if the spouses agree (or a court decides) that the supported spouse should receive $ 1000 a month in rehabilitative alimony for 24 months, the paying spouse owes $ 24,000; this can be paid monthly, or in a single lump - sum (paid all at once or in one or more installments).
Your lawyer can also help you decide whether you should accept a lump - sum settlement (where you get your money all at once) or a structured settlement (where you get your money in a series of payments).
He recognized the adverse tax consequences that would result from Mr. Dowling's receipt of the damage award as a lump sum and, in my view, correctly included a «gross - up» to offset the additional tax liability occasioned by receipt of the funds all at once, as opposed to over time.
Their premiums are often lump - sum payments and significantly higher, especially early in, than that of a term life policy, but because once the investment has been made, it is made, they can be used as security for loans and leveraged in a variety of ways to free up liquid capital, and their cash value is tax deferred.
Once the elimination period (or trigger date) has been completed, the funding by disability insurance can be handled in one of three ways: an installment, lump sum, or down payment followed by monthly installments.
Premiums can be paid either for a limited tenure or for the entire duration of the plan or in lump sum at once.
Premium is paid once at the starting of the plan in one lump sum under the Single Pay option of premium payment.
Term life insurance will pay out in a lump sum to the beneficiary once proof of death is provided to the insurance company in the form of a certificate of death and usually a copy of the policy.
Instead of taking the Death Benefit of a life insurance policy all at once as a lump sum, it's also possible to receive the policy's payout in regular installments.
Basically, you paid a high premium up front in a lump sum and got a certain amount of guaranteed life insurance — it was kind of like a whole life policy that only had to be paid for once.
Policyholders are usually provided with one - time lump sum payouts once they are diagnosed with any of the critical illness mentioned in the policy.
As the name suggests, in this case, the insured needs to pay only once a lump sum amount and gets coverage throughout the chosen policy period.
Generally, once a critical illness is medically diagnosed then lump sum payment is paid and that rider cease to exist and in most of the plans the base life cover will continue.
In case of a lump sum payout, the death sum assured is paid at once and the policy terminates.
Under this option, a guaranteed income as lump sum amount is paid to you once in a year.
You can typically save $ 30 to $ 100 a year by paying your insurance in a lump sum, once a year.
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