Sentences with phrase «portion of the benefit»

Some states also allow selling of your policy to a new policy owner to accelerate portion of your benefit amount.

You may even be able to carry forward the unused portion of the benefit from months when expenses are lower than predicted.

In fact, that's where a large portion of the benefits kick in, in the form of marketing and promotion.

While life insurance benefits are not taxable, a big portion of the benefit may go towards paying federal estate taxes and other state inheritance fees.

Remember that the principal portion of the benefit is tax free.

Medical benefits are a significant portion of the benefits available to injured workers through the workers» compensation system.

If you are partially or residually disabled, things get a little murkier as to what portion of your benefit amount is payable to you.

You report the taxable portion of your benefits, either as calculated by your tax software or using the worksheets in IRS Publication 915, on Line 14b of Form 1040A or Line 20b of Form 1040.

The Social Security disability portion of your benefit generally can't begin until you are fully insured and have paid Social Security taxes for 5 out of the last 10 years before you become disabled.

Plus, you would've had to pay tax on the UCCB portion of those benefits.

If you have a CSRS component in your annuity, the CSRS portion of your benefit will be reduced by 10 % of any deposit owed for CSRS non-deduction service performed before October 1, 1982, unless the deposit was paid before retirement.

This order is issued by a judge, often at the same time as your divorce decree, to direct the pension or retirement plan administrator to pay a certain portion of benefits directly to the ex-spouse of the plan's beneficiary.

«But if your efforts are driving the business, you should share in a larger portion of the benefits.»

You need to go through a few calculations to figure out what portion of the benefit, if any, should be included in taxable income

The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits along with any associated interest and penalties that would be payable to the taxing authorities upon examination.

Some states tax Social Security benefits as part of income, while others don't, or only tax a portion of your benefits.

If either event occurs, the Social Security Administration will only be able to pay a portion of benefits from payroll taxes collected, about three - quarters of promised benefits in the case of Social Security.

To explain in more detail: is the portion of benefits; x is the number of members sanctioned for rebelling against rules set by the bloc; and N is the total number of bloc member countries.

You can work and collect it as early as age 62, however you will have to pay back a portion of your benefit until you reach full retirement age.

Consider a life policy with a $ 1,000,000 death benefit and a long - term care feature that pays a portion of the benefit early if the owner qualifies for long - term care.

If a portion of your benefits is taxable, usually up to half of your benefits will be taxable.

Some policies cover partial disability, which means they pay a portion of the benefit if you can work part - time.

But offsetting that was the drop in market interest rates and annuity yields - which increased the portion of benefits coming from Principal Repayment.

Afterward, we pay a portion of the benefit based on the amount of income lost that month.

They even used a portion of the benefit for specialists who helped her husband improve his health and manage his stress.

The employee (employee, shareholder, member, partner is referred to collectively hereafter as «employee») may either pay nothing for the insurance or may pay a portion of it that relates to that portion of benefits received by the employee.

An alternate payee is a spouse, former spouse, child, or other dependent of a participant who is recognized by a domestic relations order (DRO) as having a right to receive all or a portion of the benefits payable under the qualified retirement plan with respect to the participant.

A Qualified Domestic Relations Order (QDRO) is a judgment decree or order made pursuant to a state domestic relations law that creates or recognizes the existence of an alternate payee's right to, or assigns to an alternate payee the right to, receive all or a portion of the benefits payable with respect to a participant under a qualified retirement plan and that complies with certain special requirements.

Many life insurance policies leave some portion of benefits for the policyholder's children.

If you received workers compensation benefits, and your third - party case settles, the workers compensation insurance company has the right to be paid back a portion of the benefits they paid you.

The employer must continue benefits during the leave, except reservist leave, unless the employee indicates in writing that he or she will not pay his / her portion of benefits premiums.

I am not satisfied the Corporation will pay any portion of this benefit.

Because acceptance is guaranteed, death from natural causes during the first two years of coverage pays just a portion of the benefit amount.

In exchange for guaranteed acceptance, the trade - off is that many policies pay only a portion of the benefit amount during the first two years the policy is in effect.

If you don't qualify with one of the companies that offer first day coverage to cirrhosis applicants, you are looking at having a policy where it pays a portion of your benefit during the first two years.

you can purchase a rider that allows you to collect a portion of your benefits while still alive if you are diagnosed with a terminal illness.

The Living Needs Benefit (included at no extra cost) pays out a portion of benefit upon terminal illness diagnosis.

With the trust in place, the beneficiaries listed on the policy will receive the full benefit amount and not just a portion of the benefit after it is taxed by the government.

This way you still have life insurance coverage, but also have the option of receiving a portion of the benefit early if you need it.

In the United States, states generally require insurance companies to be members of state guaranty associations, which would very likely pay at least some portion of the benefits promised if the insurance company went bankrupt.

It is important to note that using this rider will greatly decrease the death benefit your heirs receive since it is accelerating a portion of the benefit to be received prior to the insured's death.

Some policies make a portion of the benefit available to you when you are diagnosed with a terminal illness.

The employee (employee, shareholder, member, partner is referred to collectively hereafter as «employee») may either pay nothing for the insurance or may pay a portion of it that relates to that portion of benefits received by the employee.

Depending on the amount paid out, your beneficiaries may receive a portion of the benefit after your passing.

At Tin Leg» $ ™ s discretion, all, or a portion of benefits, may be paid directly to the provider of the services rendered.

These penalties and charges are significant enough to offset a portion of the benefits of owning an endowment insurance policy.

The policy's value would be returned to the policy holder in some manner, either through a partial refund of the premiums that had been paid to date, or through the payment of a portion of the benefits.