Sentences with phrase «paid out of the accounts»

I have about three months of living expenses in a checking account and every bill is paid out of that account.
I have about three months of living expenses in a checking account and every bill is paid out of that account.
We did an audit for a company that went bankrupt and our fees were actually paid out of the accounts of the people who still had money in the 401k.
RESPA does not require lenders to maintain a cushion and limits the amount of the cushion to one - sixth of the total amount of items paid out of the account, or approximately two months of escrow payments.
However, since 1976 the RESPA statute has allowed lenders to maintain a cushion equal to one - sixth of the total amount of items paid out of the account, or approximately two months of escrow payments.
Can't you just open the account and then pay out of that account?
Or, practically speaking, the «I can pay myself out of this account when I have a month that sucks» account.

Not exact matches

Having business expenses paid into and out of a personal account can cause an accounting nightmare for both you and the taxman.
Cramton knew the accounting troubles were getting out of hand, but he was opposed to «paying people too much money to watch our money,» he says, adding: «I didn't want to spend $ 2,000 to save $ 1,000.»
Along with stripping away the physical properties of banking, EQ allowed customers to move money in and out of their account whenever they like, without paying fees or sacrificing their interest on savings.
But what happens if the sommelier suggests a vintage that is wildly out of line with what you were hoping to pay - or what your expense account can even cover?
It pays out up to $ 6,480 per person a year, which, for a typical Canadian couple can account for up to a quarter of total retirement income.
Somehow in her projections of steadily rising sales volume, she'd neglected to note that more business meant more account statements and invoices to be sent out, more customers to be reminded to pay, more time spent on banking needs, and so on.
What's worse, investors who pulled «profits» out of their Madoff accounts within the past six years may be forced by the bankruptcy court to give it back — even though they may have used it to buy a house or pay for their kids» college tuition.
If you are paying people out of an account that contains all your funds, if someone were to get their hands on that account number, you could very quickly be cleaned out.
When the company ran out of cash, Lubbers realized she had to «analyze every prospective new account to make certain it would pay off for us in the bottom line.»
Economic factors like consumer confidence, financial obligations, and delinquencies are all improving and the consumer may be more insulated than investors think from a back - up in yields, given 75 % of their financial obligations are in the form of a mortgage, close to 90 % of all mortgages are 30 - year fixed, and the average mortgage is termed out at the lowest rate ever... Taking these factors into account, we generally think it pays to remain sanguine.»
Simply by taking a responsible approach, paying what you can and working with your creditors, you can almost always keep your delinquent accounts out of collections, which will protect your credit and save you a fortune.
If you opt - out of the change of APR you no longer get access to the credit line and at the end of paying it off your account is closed.
These costs can be grouped into three major categories: administrative costs for bookkeeping and informing participants of account balances and plan features; investment management costs for investing participants» savings; and marketing costs for media advertising of the plan's virtues.22 However, unknown to most retirement savers, 23 participants actually pay all or the vast majority of these costs24 through fees charged as a percentage of their account balance and paid out of their investment returns.
One part of the law requires stock exchanges to require public companies to adopt rules that allow the companies to take back compensation paid to executives if it turns out that compensation was based on bad accounting.
I absolutely do not believe that mutual funds are a better investment than individual stocks (companies that pay rising dividends over time) over the long run, so I invest the rest of my savings in a taxable account (as well as maxing out my Roth IRA every year, of which individual stocks are purchased).
It is assumed that the investor liquidates the VA and the tax - deferred account at the end of the time period, and pays taxes on the gains out of the proceeds.
The Unit Investment Trust, which is actually a corporate income fund, is similar to a regular money market account, except it?s made up of a group of higher grade securities, and instruments, and usually pays out dividends on a monthly basis...
Their idea of «normal» leaves out of account the fact that this financial sector has gotten rich by loading down the economy with debt — debt that is beyond the ability to be paid, resulting in Negative Equity.
Cash Flow is harder to manipulate with accounting than Earnings and Cash Flow can be a more accurate representation of how much a company can afford to pay out.
While the Federal Reserve decided in December to increase short - term interest rates, that hasn't yet translated into significant increases in deposit rates paid out by banks on safe, federally insured deposits — the kind of accounts consumers might want to use for an emergency fund or for parking cash they expect to use in the next month or two.
You started saving early to take advantage of the power of compounding, maxed out your 401 (k) and individual retirement account (IRA) contributions every year, made smart investments, squirreled away money into additional savings, paid down debt and figured out how to maximize your Social Security benefits.
People are paying first dollar care out of their forced savings account, then they've got catastrophic care over that.
According to the Boston College study, in 2010, 45 percent of workers who took a lump sum distribution from their 401 (k) when switching jobs did not roll over the money to an IRA, simply cashing out the account and paying taxes on the distribution.
The average homeowner in the state pays annual property taxes that are equal to 0.77 % of their home's market value, so annual property taxes shouldn't take a significant chunk out of your bank account.
A lot of people just look at the amount of mortgage interest they pay or the stated rate without figuring out what they are really paying after accounting for the deduction.
5 of my 8 funds pay out dividends back into my trading account.
BOX has attempted to carve out a niche in cloud storage for enterprise customers, but with competitor Dropbox now making a push to convert many of its 400 million users (more than 10 times what BOX has) to paid business accounts, it might face more pressure on that front.
There really isn't any chance that Japan is going to pay you back, or Italy, or even the US, once you take out - of - control entitlements into account.
With just that part of the equation on your investments, you should be able to get a 3.5, 4, or 4.5 percent yield alone, which is just the actual cash flow percentage that is paid out to you or added to your account.
When taxes are due on his earnings, he takes money out of the account to pay them.
This will save you money in the long run: decreasing the time you pay on a loan will keep the interest in your pocket and out of your debtor's bank account.
They funded their first album, The Weak's End, out of their own bank accounts, which paid off when Tooth & Nail picked it up for release in 2003.
On the sea of judgement they will all give account where terror and grief will have no excuses and forever they will pay a heavy price... forgotten... cast out... no more... a blink of time... they have become nothing...
Hi Ed, The Pastor at the Church of Hosanna International Ministries (HIM), does not get paid he willingly shows his bank statements to the congregation, in hopes that they will understand where the money is really going and with that said he keeps 100 dollars in his account and lives off of that for a whole month and the rest of the tithes and offerings go to 13 different ministries, divided evenly and the Church helps out at least 3 - 4 missionaries and the youth group of the Church all in separate accounts, this is a Church of around 68 to 80 people every Sunday this is not a big Church but God has blessed this man beyond measure and continues to do so this Church can be found in Saint Joseph Missouri, Pastor Larry Gray.
If an organisation (e.g. the UCM or the KSC) has its own approved accounting practices, money may be paid into and out of their account and a record made in the financial records of the organisation.
To pay his third of the weekend loss, Jacobs cleaned out a savings account started when he was in his early teens.
Yet in almost every popular Internet rumor about a recruit's family being paid off, there's some mention of a bank account or a slush fund that boosters pay into and athletes take out of.
Even if sportsbooks shade their lines to Cleveland +300 in order to account for an influx of public money, that second bet would still pay out $ 795.
For all verified winners of the Free - to - Play 2017/2018 Dream Team Game winnings will be paid by BACS transfer to your account once ID, age verification and any other checks as we may reasonably determine appropriate, have been carried out and we have details of your account.
At resumed hearing of the matter yesterday, Onuoha told the court that the money was paid into his account with Zenith Bank even though he did not tender any proposal or carried out any contract for NIMASA.
Mail - order drugs account for about 23 percent of what Americans spend on prescription drugs and New Yorkers pay $ 5 billion for prescriptions mailed from out - of - state pharmacies.
It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»
Public employees stole cash from the personal accounts of people with mental disabilities to pay for everything from live shows and restaurant outings to Wal - Mart shopping sprees, according to a report released by the state's inspector general.
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