Sentences with phrase «other sources of income other»

It is likely that a retiree may not have other sources of income other than living on passive income.

Not exact matches

The $ 14 / hour level was chosen such that a single - earner that works 35 - hours, with no other sources of income, would see their monthly salary rise above Statistics Canada's Low - Income Measure income, would see their monthly salary rise above Statistics Canada's Low - Income Measure Income Measure (LIM).

The CUPE proposal suggests that there are only benefits and no costs to a higher minimum wage, but then caps the minimum wage hikes to a level where only single - earner full - time minimum - wage workers (with no other sources of income) cross the LIM.

Parking tickets are a big source of income for many governments, so it's not surprising to see the village attempt to force Ms. Cammelleri, and likely other drives, to pay up even though the mistake was on their part.

What other company whose primary source of income is a printed phone book would take the time in 2012 to bother to warn investors that its revenue is in free fall because people don't use its product anymore.

When you own shares of stock, rental properties, or maybe even a flourishing side - business, even though you lost your day job, your other sources of income don't stop.

That valuable source of income can buoy you in later years, as you spend down other savings.

This is quite likely to be the case: Statistics Canada has many other sources of information that can be used as a check against the NHS: tax files can be used for income, CMHC data for housing, and so on.

Physical real estate doesn't stack up well against the other passive income sources due to the lack of liquidity and constant maintenance of tenants and property.

On the other hand, homeownership is widespread in Canada and provides a flow of services in retirement that obviates the need for cash (and, indeed, home ownership can become a source of cash income through downsizing housing and / or a reverse mortgage annuity).

In the tenth decile, investment income also accounts for 20 per cent of total income received and this is almost double the 11 per cent of income from this source in the 9th decile, the only other decile where investment income accounts for a double digit portion of total income.

I guess that would make sense if a person with some other source of income is using Uber as a way to plug a hole.

The way it works is that, each year, the insurer deduct all expenses, such as death benefits paid and the costs of running the business, from the money they've made (premiums collected, investments, and any other sources of income) and pays out any net profit as a dividend.

Especially if you have other sources of income besides your startup business.

The chance that a person is going to need the retirement fund to last longer than expected is high for someone of good health, which makes Roth IRA's lack of RMD desirable, especially if you have other available sources of income.

Once you have a reasonable estimate of your annual spending needs and other sources of income, it becomes much easier to define your unique time horizon (s) and risk profile.

To determine if your Social Security retirement benefits may be taxable, combine one half of your annual Social Security income with your income from all other sources.

Forbes reports nearly half of her 2015 earnings came from her video game, but her other past income sources range from paid appearances to her role on «Keeping Up With the Kardashians.»

Before you get discouraged about how much you need to save for retirement, remember in Canada we have OAS, CPP, along with company pensions or any other source of income you might have to compliment your income.

I perhaps wouldn't need 50K in liquidity since I can withdraw $ 33,600 a year and have the various other sources of income.

Also, Menchie's Franchise Development Managers have experience helping franchise candidates explore other sources of financing, such as home equity lines of credit and self - guided IRAs, which can allow you to start a business using pre-tax dollars without penalties or paying income tax on the start - up dollars.

It will also help to have a verifiable source of income, whether through personal employment or some other source.

This in turn was the result of a 5.4 - percent contraction in salaries and a fall in other sources of net income such as interest on bank deposits and share dividends of 4.4 percent.

A certified financial planner says yes it does, along with other non-traditional sources of income he lists.

Far more common, and often much more important for most types of businesses, interest expense on the income statement represents the cost of borrowing money from banks, bond investors, and other sources to meet short - term working capital needs, add property, plant, and equipment to the balance sheet, acquire competitors, or increase inventory.

«With Receipt Bank, bookkeeping moves from a cost to a source of income — becoming the enabler of effective reporting, payments, lending, and other value - adding services.

Due to the fixed nature of the payments, some older individuals may be able to consider Social Security payments, employment pensions, and other predictable and / or passive income sources as part of their bond pile, thus reducing or eliminating the need for bonds.

The other 25 % of your post-retirement income is expected to come from other income sources such as Social Security and employer pension plans.

This will allow me to achieve my passive income goals much faster than if I were to invest in stocks, bonds, CD's, or other sources of passive income.

The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: net investment income, net realized short - term capital gains, net realized long - term capital gains and return of capital or other capital source.

The monthly gross (before tax) income of all the homeowners on your loan, including recent pay stubs if you receive them, or documentation of income you receive from other sources.

To apply, customers provide information such as occupation, main source of income, income before tax, SIN, and others.

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).

A widow, for example, with one million dollars to invest and no other source of income is going to want to place a significant portion of her wealth in fixed income obligations that will generate a steady source of retirement income for the remainder of her life.

Others are seeking alternative sources of income, potentially exposing themselves to unfamiliar risks.

There are many other options available — you just have to be willing to put in the work now to create a sustainable source of income when hiring out the rest of the work.

The best investment strategy for you will depend on the value of your assets, how much income you have from other sources, your monthly expenses, your goals for retirement, your desire for leaving an estate, and more.

This group cites self - funded savings (55 %) as their expected primary source of retirement income, including 43 % who expect to rely on income from 401 (k) s, 403 (b) s and IRAs, and 12 % who have other savings and investments — that's according to the 17th annual Transamerica Retirement Survey of Workers.

It all depends on your other sources of income, risk tolerance, age, financial goals, living expenses and so on.

Our CEO and founder has other sources of income he uses to fund our work.

«If they are able to pay off of their mortgage, they will be rid of the largest debt source and have more income to spend on other items,» he says.

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.&income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

AARP's site offers some valuable advice to those between 50 and 65 who have to scramble to find other sources of income:

It's often a stable source of consistent income, making it a very popular choice among college grads and other career - minded individuals.

I work at a large industrial conglomerate — several of the conditions of employment are an IP waiver and a requirement to identify other income sources and / or business activities as part of conflict of interest reporting.

In the case of a married couple or domestic partners each earning a salary, both can replace the ability of the other to provide a source of ongoing income.

An income annuity may be the right choice for you if you have a need for guaranteed lifetime income; you know your retirement expenses won't be covered by other income sources, such as Social Security; and you have assets outside of the annuity to cover unexpected expenses.

This depends on your income level, whether you have additional sources of income, number of children and household members, your age and short - and long - term financial goals, retirement goals, and other factors.

For most retirees, there are other sources of retirement income besides savings, Social Security being chief among them.

For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income from sources such as Social Security, pensions, and annuities, and variable income from a job, retirement savings, and other sources such as rental real estate.