Sentences with phrase «receive as a monthly payment»

In contrast, a defined benefit plan tells you how much you will actually receive as a monthly payment.

Not exact matches

While you can choose to receive your Social Security benefits before your full retirement age (as defined by Uncle Sam), doing so results in lower monthly payments and possibly more reliance on your savings.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

How it works: When you die, your spouse is eligible to receive your monthly Social Security payment as a survivor benefit, if it's higher than their own monthly amount.

Since the contribution rate, as a percentage of income, is fixed, those who earn more money are eligible to receive higher monthly payments.

The total amount paid as a lump sum and monthly payments will be equal to the amount that would have been paid had the member not elected to receive a lump - sum payment.

I look upon my time as a bestselling independent writer, whose work is published exclusively as eBooks, as serving my apprenticeship in literature while at the same time being paid as a professional through the act of receiving regular monthly royalty payments.

Amazon Publishing offered higher royalties than traditionally published authors were used to receiving, as well as discarded the quarterly - payouts system of royalties in favor of the monthly payments that even no - name self - published authors enjoy.

Famous retail names such as Apple, Waterstones, Tesco, Folyes, Blackwell, The University Bookshop, Baker & Taylor and the Hive to name but a few.We manage your eBook upload and quality checking for your eBook, you receive a monthly payment from each of the retailers as a single lump sum.

The terms of the loan require that certain responsibilities are met to avoid foreclosure, and as long as you follow those terms, you may live in your home and receive the funds from your equity without paying a monthly mortgage payment.

The installment / annuity: Your beneficiary can also request to receive the payments in installments, such as monthly or annually.

Beth receives the greatest monthly benefit from the plan, as her payments now match the capabilities of her discretionary income (the difference between your income and 150 % of the poverty guideline for your family size and state of residence).

These cards act the same as unsecured cards in that you receive a monthly bill and payment is expected each month.

If you choose to go with a fixed interest rate, you must take out a lump sum, whereas if you choose to go with a variable interest rate, you have the option of receiving payouts as a lump sum, line of credit, monthly payments, or a combination of all three.

A 65 - year - old man who invests, say, $ 100,000 in an immediate annuity today would receive about $ 550 a month for life; a 65 - year - old woman would get about $ 530 a month; and a 65 - year - 0ld man - and - woman couple would receive monthly payments of $ 470 as long as either is alive.

However, the borrower (s) also have the option to receive fixed monthly payments for as long as they reside in the home and comply with the loan terms.

To achieve the first tier on balances of up to $ 10,000, you need to do four things: Complete at least 12 debit card purchases, make or receive at least one electronic transaction such as a direct deposit or bill payment monthly, access online banking at least once monthly and enroll in electronic documents.

Once you purchase a note you will then begin to receive monthly payments directly from Lending Club as the note is being paid back by the borrower.

For a payment to count as one of the required 120 qualifying payments, you must be a full - time employee at a qualifying public service organization on the date that your federal loan servicer receives your monthly Direct Loan payment.

You repay the bank monthly as agreed out of your own savings or checking account, and receive the loan proceeds once the final payment is made.

A reverse mortgage allows qualified senior homeowners to borrow against their home equity tax - free2 while continuing to own and live in their house.3 The money can be received as a lump sum, 4 monthly payments, or a line of credit to access when needed.

As the underlying mortgage loans are paid off by the homeowners, the investors receive monthly payments of interest and principal.

If the borrower would like to set up a line of credit as an emergency fund, or receive monthly payments to help offset their cost of living they will be better suited to a variable interest rate loan.

Payment of loan proceeds — The borrower receives the loan money as a line of credit, monthly installments, a combination of both, as a lump sum, or the payment retires an existing moPayment of loan proceeds — The borrower receives the loan money as a line of credit, monthly installments, a combination of both, as a lump sum, or the payment retires an existing mopayment retires an existing mortgage.

Your private loans may have come with incentives or benefits such as a rebate for making a certain amount of on - time monthly payments or receiving an interest rate reduction for automatic payments.

If you're receiving monthly payments from an insurance payout or lawsuit settlement — also known as a structured settlement annuity — but need cash immediately to pay for medical bills or other significant expenses, you can sell all or part of your annuity.

Reverse mortgages allow homeowners age 62 and older to convert a portion of their home equity into tax - free loan proceeds, which they can elect to receive either in a single lump sum payment, monthly installments, or through a line of credit that allows funds to be withdrawn as needed.

Well, nonpassive income is revenue that can not be classified as passive income and includes active income or earnings that you get for work done on a regular, substantial and continuous basis such as daily wages, monthly salary or the any other payment that you receive after you've performed tasks.

Wisebread recommends having your monthly loan payment automatically deducted from your account, as you could receive a.25 % interest rate reduction for paying this way each month.

As long as you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum paymenAs long as you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum paymenas you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum payment.

In both cases, the plans allow you to establish a line of credit and receive fixed monthly payments for either a specified amount of time or as long as you live in the home.

Investors purchase Notes corresponding to different loans, grades, and terms, then receive monthly principal and interest payments as borrowers pay off their loans.

If you have paid into the CPP / QPP, you are entitled to receive a monthly pension payment as early as age 60 or as late as age 70.

As Bradley's income stream can not be commuted, the payment split applies to the monthly payments from the income stream, with Bradley and Angie each receiving approximately $ 4,000 per month, commencing on 1 October 2020.

Filed through a Licensed Insolvency Trustee as an approved government debt relief program, you receive the same protections available through bankruptcy, however because you spread your payments over a period of up to 5 years, your monthly payments are lower than they might be in a bankruptcy, debt consolidation loan or debt management plan.

For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.

As you receive your invoices and make your monthly payments on time, you build a credit history with your business partners.

Homeowners can receive payments in a lump sum, on a monthly basis (for a fixed term or for as long as they live in the home), or on an occasional basis as a line of credit.

If you sign up to have your consolidated student loan payment automatically deducted each month by your loan servicer, also known as «monthly recurring automatic debit», you could be eligible to receive a 0.25 percentage point interest rate reduction.

This federally insured program allows you to receive up to $ 400,000 in one lump sum payment or as monthly payments for the rest of your life.

There is a point in time where the savings you received as a result of your lender credit is completely eroded by the higher monthly payments your increased interest rate costs you.

You may apply to have your cosigner released from their obligation after the first 48 consecutive monthly principal and interest payments are received on time as long as you meet the underwriting and credit criteria at the time the cosigner release is requested.

This will result in you receiving an annuity certificate that you can show the bank, and the bank may be willing to accept that as proof that you will be receiving consistent payments on a monthly basis.

You hand over a lump sum to an insurer and in return you immediately begin receiving monthly payments that will last as long as you do, regardless of how the financial markets perform.

Receive funds in one lump sum, in regular monthly payments, as a line of credit, or a combination of the three

The investor as bondholder receives monthly payments (usually on the 15th of each month) that include both mortgage principal and interest.

As with the Discover it student cards, you receive 1 % on all purchases, plus you get an additional 0.25 % when you're on time with your monthly payments, which is not bad for a student's credit card.

Keep your repayment term the same - keeping your monthly payment about the same and likely saving you money if you receive a lower interest rate as compared to current loans

LendingClub Note investors receive monthly payments of both principal and interest as borrowers repay their loans.

As borrowers repay their loans, investors receive payments of principal and interest and can receive monthly cash flow ranging between 2 — 5 %.