Sentences with phrase «purchase by retirement»

Represented a client in a real estate litigation suit involving a purchase by a retirement development company of the lease hold interests in four assisted - living condominium projects.

We're projecting to have 15 % of our assets allocated to our home purchase by retirement.

Not exact matches

If in November 15, 2013, he saw it proper and in the nation's best interest to issue a directive abolishing the purchase of state bungalows by government office holders, he must think he is above that abolition, much less think he can have a state bungalow for free as his retirement benefit.

A couple of years ago, my in - laws moved into a retirement community and with the purchase of their home came several items left behind by the previous owner.

Benefits, including employee contributions, are not payable for employee hardships, unforeseeable emergencies, loans, medical expenses, educational expenses, purchase of a principal residence, payments necessary to prevent eviction or foreclosure on an employee's principal residence, or any other reason except a requested distribution for retirement, a mandatory de minimis distribution authorized by the administrator, or a required minimum distribution provided pursuant to the Internal Revenue Code.

In lieu of soliciting competitive bids or issuing a request for proposals, the program administrator may authorize the purchase of annuity contracts under the optional retirement program from those companies currently selected by the department to offer such contracts through the State University System Optional Retirement Program, as set forth in s. 121.35.

Each Florida College System institution may implement an optional retirement program, if such program is established therefor pursuant to s. 1001.64 (20), under which annuity or other contracts providing retirement and death benefits may be purchased by, and on behalf of, eligible employees who participate in the program, in accordance with s. 403 (b) of the Internal Revenue Code.

It is guaranteeing that a lifetime of hard work will culminate in a retirement with dignity, and that the voice of everyday people won't be drowned out by the political purchasing power of the wealthy.

HISTORY FILE Registered new on 17th June 1992 by Volvo Main Dealer, C.L.Ridley & Son of East Sussex, the first and only keeper was a Mr Charles Hills who purchased the car upon retirement.

To be blunt: creating a workable retirement strategy for your investments can not be adequately handled through simplistic retirement calculators or by purchasing a particular investment product such as an annuity.

By purchasing a mortgage insurance product or a life insurance policy, you can effectively plan for the retirement of the mortgage debt when you are unable to continue making payments yourself.

We generally tend to save more for goals such as Kid's education or a home purchase and less for retirement, may be because we are more likely to expect our retirement years to be financed by income of other family members (children).

One good strategy is to do both: you can fund your retirement from your own portfolio, but also purchase an annuity to provide cash flow for non-discretionary expenses that aren't covered by government and employer pensions.

When it comes to turning retirement savings into lifetime retirement income, many retirees and advisers rely on the 4 % rule — that is, withdraw 4 % of savings the first year of retirement and increase that amount by inflation each year to maintain purchasing power (although in a concession to today's low yields and expected returns, some are reducing that initial draw to 3 % or even lower to assure they don't deplete their savings too soon).

By giving your savings as much time as possible to compound in value, you can maximize the money you are able to amass for your financial goals, whether paying a child's education, purchasing a home, providing retirement income, etc..

If you are purchasing an annuity contract to fund an Individual Retirement Annuity (IRA) or employer - sponsored retirement plan, you should be aware that such annuities do not provide tax - deferral benefits beyond those already provided by the Internal Revenue Code.

A twenty five year old person could conceivably have life insurance coverage up to retirement at the age of sixty five should they so choose by purchasing a whole life insurance policy.

Among Baby Boomers who think it is important to work with an adviser, nearly 70 % said they would purchase an annuity within their individual retirement account (IRA), according to a survey by fixed income annuity provider Annexus.

If however your company doesn't offer retirement accounts or matching it is still possible for individuals to manage their own retirement by purchasing an Individual Retirement Account also known as an IRA.

If you're a good saver, and by this I mean you regularly contribute to a savings and retirement account, purchasing term life insurance to protect your family for a definitive number of years is ideal.

Just withdraw 4 % of your nest egg the first year of retirement, increase that dollar amount each year by inflation to preserve your purchasing power, and you have an 80 % to 90 % assurance that your savings will last at least 30 years.

A February 2016 study by the Center for Retirement Research at Boston College looked at the question of whether student debt — by reducing 401 (k) savings and delaying home purchases — could have a big impact on retirement preparedness.

By contrast, it shows how CPP and OAS maintain purchasing power as you move into the second decades of retirement and beyond: another reason to delay receipt of benefits till 70 if at all possible, particularly if you don't have an inflation - indexed DB pension.

If you're investing outside of an employer - sponsored retirement plan, The Simple Money Portfolio is designed to give you the exact mutual funds and exchange traded funds to purchase, a task that is made simplest and the least expensive by utilizing a low - cost brokerage option, like Schwab, Fidelity or TD Ameritrade.

You plug in such information as your age, the number of years you want your retirement savings to last, the amount you have saved for retirement and how much you initially plan to withdraw, and the calculator then estimates the probability that your savings will last that long, assuming you increase your initial withdrawal by inflation to maintain your purchasing power throughout retirement.

If any distribution from any individual retirement plan fails to meet the requirements of subparagraph (A) solely by reason of a delay or cancellation of the purchase or construction of the residence, the amount of the distribution may be contributed to an individual retirement plan as provided in section 408 (d)(3)(A)(i)(determined by substituting «120th day» for «60th day» in such section)

This purchase represents a dollar amount equal to half of the fixed income allocation, up to $ 500,000, assuming the individual has accumulated the median amount necessary by age 55 to fund their retirement goal.

Dividend Driven is a 10 - step methodology for investors who want to maximize passive income for retirement by purchasing quality US dividend paying stocks and reinvesting those dividends for a minimum of 20 years.

Institutional Shares may be purchased by institutions such as endowments and foundations, employer - sponsored retirement plans (including, but not limited to profit sharing, 401 (k), 403 (b), 457 (b) and defined benefit plans)(Employer - Sponsored Retirement Plans) and individuals, including clients of investment advisers.

Investor Shares may be purchased by institutions, certain individual retirement accounts and individuals.

Pfau (2013) found that the purchase of a single premium immediate annuity can serve as an efficient substitute for the fixed income portion of a retirement portfolio by better protecting a spending level on the downside while also increasing the average legacy value of assets.

All carbon offset purchases and retirements are third - party verified by the non-profit Winrock International.

The clock later was purchased from the Court by Justice T. Frank Hobson, who served from 1948 until his retirement in 1962.

If Participant's employment with Micro or any Affiliate is terminated for any reason other than death, disability... or retirement... prior to the time when all Shares have become Unrestricted Shares..., Restricted Shares... shall be repurchased by Micro at the lower of (x) the Purchase Price and (y) the Fair Market Value of such Shares on the Repurchase Date.

By prioritizing saving as a top line item in your budget you guarantee that a specific amount builds so it can earn interest and grow — whether it's for short - term needs, a retirement fund or some other large goal or purchase.

In Canada the most common type of annuity is the life annuity, which is normally purchased by persons at their retirement age with tax - sheltered funds or with savings funds.

If you're a good saver, and by this I mean you regularly contribute to a savings and retirement account, purchasing term life insurance to protect your family for a definitive number of years is ideal.

Funds that are in a permanent life insurance policy's cash value can be either borrowed or removed by the policy holder for any purpose, such as supplementing retirement income, paying off debt (typically higher interest debt such as credit card balances), purchasing a new vehicle, paying for a child or grandchild's college education, or for going on a long - awaited vacation.

This article will take things a bit further than previous articles to consider how the strategy originally coined by Nelson Nash as the infinite banking concept, can extend much further and offer much greater opportunity than simply providing a ready reserve account for retirement, recapturing debt, or purchasing a car through a policy loan.

If you anticipate needing coverage until retirement, but you believe that you will have saved plenty of assets by the time you retire to negate the need for continued life insurance coverage, you may want to purchase a policy with a term length which corresponds with your likely retirement age.

Historically, this could be done by purchasing a single premium immediate annuity at retirement, except in practice retirees rarely ever want to lock up so much of their capital — in fact, retirees annuitize so rarely that economists have dubbed it an «annuity puzzle».

Whether you are a young student, a parent with young children or a senior citizen spending your retirement years in Seattle, the priceless peace of mind you can gain by purchasing Seattle renters insurance is almost as valuable as the protection itself.

If you are a Iowa college student living off campus, a senior citizen living in a retirement community, a small family living in a condo on a fixed income, you are going to want to protect your things by purchasing Davenport renters insurance.

A young single renter and a senior citizen enjoying retirement can both benefit equally from the safeguards put into place by purchasing Boulder renters insurance.

Whether you are a Michigan senior citizen living in a retirement rental home, a college student living off campus, or a divorced parent living in a condominium, you can save on your Livonia Rivers renters insurance by purchasing the right policy and considering savings possibilities.

As a result, some cryptocurrency investors believe that they can avoid paying taxes on their virtual currency exchanges by purchasing the assets though their retirement accounts.

Dividend Driven is a 10 - step methodology for investors who want to maximize passive income for retirement by purchasing quality US dividend paying stocks and reinvesting those dividends for a minimum of 20 years.

Dividend Driven is a 10 - step methodology for investors who want to maximize passive income for retirement by purchasing quality US dividend paying stocks and reinvesting those dividends for a minimum of 20 years.

In both situations, the data showed noticeable boosts in purchasing power by employing a reverse mortgage line of credit as part of a total retirement strategy.

If you purchase a 5 year old home today, it will be 15 - 20 years old by the time you reach retirement.