Sentences with phrase «other sources of income too»

Dear Sir, Do you have only this income for this financial year or there are other sources of income too?

Not exact matches

The availability of income from other sources, such as savings, pensions, mutual funds, or annuities, can affect someone's claiming strategy, too.

If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on line 6 of your W - 4 may put you in a refund position or keep you from owing too much.

And if you're really sure you can live comfortably the rest of your life on Social Security, your pension and other assured income sources without dipping too deeply into your retirement investments, then I suppose you can make a reasonable case for avoiding stocks altogether.

On the other hand, the assurance of having a reliable source of income each month would be nice too.

Otar says that you might want to consider buying one if you have no other guaranteed source of retirement income, such as a pension, and you have too small a portfolio to hedge the various risks yourself.

Of course, you need to factor in the extra income tax you'll pay on the larger withdrawal, but if you have a modest income from other sources and you don't try to unload too much in one year, the 12 1/2 cents plus your marginal tax rate is likely to be significantly lower than the 50 % clawback.

The Access Legal Care «system» is based on 12 key components: 1) be profitable for the attorneys and legal - services providers; 2) apply the Pareto principle — focus on the 20 % of all legal services that 80 % of lower - and moderate - income people will likely ever need; then prune / refer - out those that are high - complexity / high - dollar (too risky) and contingency cases (already affordable); 3) process - map the remaining services into individual steps; 4) functionally - decompose each process step to the lowest - cost provider who can perform the step legally and with excellence; 5) streamline processes with Six Sigma and manufacturing principles; 6) centralize operations for economies of scale; 7) collaborate and out - source to expand reach; 8) leverage technology to minimize costs and maximize productivity; 9) make affordable with both terms and price; 10) generate high demand, high - volume; 11) develop multiple revenue streams; and 12) package up the system and re-sell it to other law firms and clinics.

So if you live longer than 80 and don't have any other source of retirement income, you might find this option too risky.

To avoid buying too much coverage, factor in your savings accounts, investments, retirement accounts, pensions, survivor's benefits, existing life insurance policies from employers, and other sources of income.