Sentences with phrase «percent on lump sums»

The suit was filed by individuals who accused Oasis, a Chicago - headquartered firm, of charging extortionate interest rates of more than 100 percent on lump sums to pay for living and other expenses prior to settlements.

Not exact matches

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 multi-year tables in New York State's just - released Enacted Budget Financial Plan for fiscal 2015 make continued use of Governor Andrew Cuomo's new fiscal conjuring device: a lump - sum, below - the - line reduction in future projected spending, based on the assumption that the governor will «propose, and negotiate with the Legislature to enact budgets that hold State Operating Funds spending growth to 2 percent.»

The district said in a press release the money would be distributed through a 2 percent ongoing salary increase retroactive to July 1; a 2 percent lump - sum payment based on 2013 - 14 earnings;...

If you put more than 20 percent down on a home, most lenders will allow you to pay your insurance and property tax bills yourself as lump sums when they come due.

Each year that you wait to convert, your potential premium costs may increase by up to 15 percent, based on your age (unless you opt to pay a lump sum to the insurer to avoid using your current age).

Under Workers» Compensation Coverage B, workers who are injured on the job can be provided with 100 percent coverage of all medical expenses, 66.66 percent of lost wages, a lump sum for disability and a disfigurement and a death benefit.