Sentences with phrase «reducing pension tax»

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thintax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thinTax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Government has passed painful austerity measures — tax hikes and cuts to benefits, salaries and pensions — to reduce state debt and strengthen confidences in its finances.

It may not be an issue depending on your expected income in retirement, Peter, but OAS clawback reduces your OAS pension by 15 % of every dollar your net income on line 236 of your tax return exceeds $ 74,789 in 2017.

The federal government will begin cutting the age pension in three years, reduce disability and other welfare payments immediately, and slash back family tax payments, while holding out the prospect of income tax cuts within five years, Tony Abbott has pledged.

«But on an after - tax basis, for Canadians who collect Guaranteed Income Supplement (GIS) and have no other separate source of income beyond CPP, pension wealth is maximized at age 60, on average, and is reduced from there on.»

Osborne can get a cool # 2bn by reducing the tax - exempt amount people can pay into their pension pots.

But reducing the overall tax «burden» meant going much further, and funding additional cuts in taxation by reducing the money that the government is able to spend on the things that, it might be argued, are best provided collectively: schools, hospitals, pensions, unemployment benefits, disability allowances, the police and the armed forces.

Under proposals being drawn up by chief secretary to the treasury Danny Alexander, the party would introduce a new «mansion tax» on multimillion pound properties, and reduce the amount people can save tax - free on their pensions.

We need to reduce the tax, pension and regulatory burden and allow businessmen and women to do what they do best - create jobs and wealth,» Mr Davis said.

In recent years, Comptroller Tom DiNapoli has sought to reduce overall pension contribution rates for local governments and taxing districts, which are squeezed amid a cap on property tax increases.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

Cuomo has been at odds with public workers on several fronts, pushing for a cap on local property tax increases and reducing pensions for new employees.

In addition to closing the deficit without jacking taxes, Cuomo is angling to rein in crippling pension costs by pushing for a new pension tier to reduce future retiree costs.

Cohen supports the Business Council's Enough Already NY campaign's Five to Survive economic reform agenda which includes: a property tax cap; a state spending cap; reducing the tax burden; reforming public employee pensions and limiting government borrowing.

Public employee unions were angry with the governor for reducing pensions benefits for new workers, and teachers were upset over a property tax cap, which impacts school budgets, and test - based evaluations.

He also proposed reducing property taxes for seniors and eliminating or reducing a tax on the pensions of military veterans.

Durant says the best way to reduce costs for schools and local governments, and reduce property taxes, is to get rid of mandates on governing health care, pensions, and limits on construction contracts.

Major issues during the 2014 legislative session included a budget deficit estimated at $ 100 million, pension reform, raising the minimum wage, reducing corporate income taxes, and raising bridge tolls.

Among the findings: States will face continued pressure due to skyrocketing Medicaid costs, underfunded pensions for retired public employees and volatile tax revenues, as well as reduced federal funding.

The resulting Committee to Save New York rapidly became the state's biggest single lobbyist, raising and spending at least $ 15 million and running TV and radio ads that backed Cuomo's (ultimately successful) proposals for capping local property taxes and reducing the cost of public - employee pensions.

A Cable chancellorship with Labour backing could be bold in redistributing the tax burden - ending higher - rate tax relief on pensions, closing tax loopholes at the top and reducing the share paid by lower earners.

David Gauke said that the state of the public finances meant that any idea to reduce taxes (including reversing the Lamomt and Brown raid on pension funds) could only be an aspiration.

For example, if tax revenues come in well above estimates he could choose to spend that money on pensions and reduce the long term impact of the increase in the contribution rate.

Like all other communities, Beacon faces reduced revenues in sales taxes and mortgage taxes, but at the same time, employee pension costs will rise 15 percent, at $ 66,000.

Sen. Sue Serino released her first TV ad of her re-election campaign, which focuses on her efforts to reduce taxes and prevent corruption politicians from receiving their pensions.

The state's Business Council took the middle road, saying they are pleased that Cuomo is focusing on reducing property taxes, but that it's just «one step» and that more needs to be done to reduce workers» compensation, pension and other costs.

Support for increasing the pension age to 66, reducing corporation tax and (slightly surprisingly) scrapping the planned increase in tax on cider all met with lukewarm support.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

In interviews with over a dozen state committee members, Capital heard common frustration with Cuomo's fiscal record — he blocked an income tax hike on wealthy city residents, cut corporate taxes, reduced school aid in 2011 (and slowly dialed it back up), reduced pensions for newly hired public workers and pushed for a cap on local property tax increases.

The reduced payout stems from a pension change enacted five years ago that says police officers and firefighters hired after July 2009 who become disabled in the line of duty are no longer eligible for a traditional tax - free pension calculated at three - quarters of their final year's salary.

Cuomo had just reduced pension benefits for newly hired public workers and cut taxes on the rich.

He is for reducing taxes, public - sector pensions, and the salaries (and number) of public - school superintendents.

And then there's Cuomo's economic platform — which, by the way, the W.F.P. signed onto in 2010 when it was begging Cuomo to endorse it — of a property - tax cap, reducing pensions for new public workers and cutting taxes, including some measures targeted at major banks and people with million - dollar estates.

He contrasted the mayor's desire to let the millionaire's tax sunset this year — which he said would blow a $ 5 billion hole in the state budget — with the mayor's insistence in his State of the City address that the city needed to be able to reduce pension benefits and lay off «more expensive» senior teachers to cut costs.

Fitzpatrick said one way to reduce pension costs — and thus, school taxes — would be to establish defined - contribution pension plans similar to the 401 (k) for newly hired teachers.

Before being escorted off the property by hotel staff, the protesters handed out fliers stating their opposition to the Committee to Save New York, a group of business leaders formed in support of Gov. Andrew Cuomo's campaign to oppose tax increases, reduce the size of government and reform Medicaid and pensions for public employees.

Here you can start a pension and receive the income tax free from your super, whilst salary sacrificing part of your pay to reduce tax outside of super.

Essentially, the WEP can reduce Social Security benefits paid to individuals who receive a pension based on income from an employer that didn't withhold Social Security taxes.

With the average inheritance in Canada expected to be $ 100,000, according to a recent Bank of Montreal study, the TFSA could provide a tax shelter for ordinary Canadians facing a retirement with reduced private pensions and less government support.

Learn how your Social Security benefits may be reduced if you get a pension based on work where you did not pay Social Security taxes.

The new rules allow you to reduce your taxes by spreading your family's pension income more evenly between you and your spouse.

** Exception: One might split eligible pension income with a spouse or common - law partner, which may reduce tax at the margin.

Either you pay from your own pocket and then you get income tax relief on the payment, i.e. your gross salary is reduced by the gross pension contribution and income tax is recalculated with the excess either refunded to you or put in your pension (the details are a bit more complicated depending on your marginal tax rate, but the end result is the same).

Self - employed individuals can deduct contributions to a Simplified Employer Pension, or SEP, up to 25 % of pretax income, (20 % of net self - employment income reduced by half of self - employment tax if you are self - employed) capped at $ 54,000.

✓ Social Security and / or pension benefits won't cover your regular expenses ✓ You're over 45 but not too far into retirement ✓ You've accumulated between $ 250,000 and $ 5 million in retirement savings ✓ You have average or above - average health ✓ You're seeking greater certainty in retirement and more of an insurance product ✓ You'd like to reduce your Required Minimum Distributions and defer associated taxes

If you don't need those distributions — perhaps you can live on other savings, or you have a pension in addition to your IRA — the minimum distribution rules serve no purpose other than to reduce your tax benefits from the IRA.

Several credits (such as: family caregiver, disability, and pension) can be transferred to your spouse if you've already reduced your taxes to zero.

If your net income on line 236 of your tax return exceeded $ 72,809 on your recent 2015 income tax filing, your OAS pension for the July 2016 to June 2017 payment period will be reduced by 15 cents for every dollar in excess.

If your net income on line 236 of your 2015 income tax return exceeds $ 72,809, your OAS pension will be reduced by 15 cents on every excess dollar for the July 2016 through June 2017 payment period.

I suppose you could say that it is indirectly reduced by income tax payable on your pension, so planning when to take CPP, RRSP / RRIF withdrawals and company pensions should be considered so you can pay the least tax possible.