Sentences with phrase «remaining in your account»

Our start - up materials costs were $ 1,000, and we had each contributed several thousand dollars to remain in our account for miscellaneous needs.

Can that money remain in those accounts and be used to fund their children's college someday?

These contributions can accumulate tax free and can be withdrawn tax free to pay for current and future qualified medical expenses, including those in retirement.4 An HSA balance can remain in your account from year to year, and you can take it with you should you switch employers or retire.

Any earnings in the Traditional IRA are tax - deferred as long as they remain in the account.

Sen. Thomas Libous, an upstate Republican who died of cancer last year after being convicted for lying to the FBI about whether he had used his influence to get his son a job, managed to pay $ 21,295 in legal fees posthumously and has $ 184.53 remaining in his account.

Former Senate Majority Leader Dean Skelos spent $ 762,145 of his campaign funds on legal defense, and has $ 1.58 million remaining in his account.

Cuomo, who won a second term by defeating Republican Westchester County Executive Rob Astorino, has $ 9.1 million in cash on hand remaining in the account.

The report showed that Kellner hadn't raised any money in campaign contributions in the preceding months and had a balance of only $ 92.26 remaining in his account.

Half of any funds credited to the account in a given year that are not expended on childcare would remain in the account for expenditure on the care or education of that child until the child is an adult, e.g., leftover funds in the account could be expended on college tuition.

It's the reason that I've been using Stanza, now owned by Amazon, a fair bit these days as I read through some of the books remaining in my account.

The other option is to reduce the following year's contribution by the excess amount, but you'll pay a 6 % penalty on the excess that was contributed, for every year it remains in the account.

HSA funds not used each year remain in the account earning interest tax - free until they are needed to cover medical expenses at any time in the future.

With a traditional 401k plan, the money you contribute goes in pre-tax and your earnings are not taxed if the money remains in the account.

It only affects what remains in the account.

What remains in my account is what I have left for the rest of the month's spending.

If the contribution is exceeded, the beneficiary owes a 6 % excise tax on the excess for each year it remains in the account.

All annuities are based upon the premise that the money will remain in the account for a predetermined minimum contractual period of time (usually 7 - 9 years).

Retention: 1) When securities are sold in a restricted margin account, at least 50 % of the sale proceeds must remain in the account and be applied to reduce the debit balance.

If you over-contribute and surpass the cap, the Canadian government would tax you 1 % equal to the highest excess TFSA amount in the month and for each month that the excess amount remained in your account.

Misunderstandings like these, Heath says, cause many Canadians to make poor decisions with their RRSPs.But these retirement accounts have at least two benefits no investor should overlook: the tax refund when you make a contribution, and tax - deferred growth for as long as the money remains in the account.

Please note: You are required to open a primary savings account with a minimum deposit of $ 1, which must remain in the account at all times.

Unspent balances remain in the account and earn higher interest.

The savings in RESP account grows tax free as long as it remains in the account.

If you do not or can not meet the margin call, you may be able to reduce your position in accordance with the amount of funds remaining in your account.

Although you don't report gain or loss for these events, you need to know which lots remain in your account after the disposition.

First, the money grows without being taxed as long as it remains in the account.

If we do not hear from you ahead of your fixed rate maturing, your matured funds will remain in the account and revert to a standard variable rate (currently 0.55 % Gross / AER) until you move them to another account.

These accounts are tax - sheltered, which means as long as the money remains in the account, you do not have to pay taxes on the accrued earnings.

Rate Information: The Interest Rate on accounts with a daily balance of $ 250,000 or less (at which interest is paid on the principal balance) is 1.10 % and the Annual Percentage Yield (at which an account would earn interest each year if all interest paid on the account remains in the account) is 1.11 %.

The Interest Rate for accounts with a daily balance above $ 250,000 (at which interest is paid on the principal balance) is 1.35 % and the Annual Percentage Yield (at which an account would earn interest each year if all interest paid on the account remains in the account and the balance remains above $ 250,000) is 1.36 %.

Mile or point - based rewards normally remain in your account even if the card is canceled and inactive.

As well, any growth on contributions that remains in the account will be fully taxed like salary, plus an additional 20 % (or 12 % for Quebec).

If you are under 59.5, Roth IRA contributions generally have to remain in the account for 5 years after conversion before they can be withdrawn.

If the total of your TFSA contributions to all your TFSAs, regardless of financial institution, exceeds your contribution limit, you may face a penalty tax of 1 % per month on the highest excess amount for each month that the excess remains in the account (s).

Withdrawal of dividends prior to maturity: The annual percentage yield is based on an assumption that dividends will remain in the account until maturity.

Those funds will remain in that account until such time that you close the card.

Let's do the complicated answer first: APY stands for Annual Percentage Yield, which is the return you get over a 1 - year period based on the interest rate and compounded interest (which means that your interest earns interest), and also based on the assumption that the funds will remain in the account for 1 year.

However, if the underlying currency in one of your trades moves against you, the leverage in the Forex trade will magnify your losses and these losses may add up very quickly and without sufficient margin remaining in your account, you run the risk of those losses turning into realised losses.

Points remain in your account as long as your account is open and in good standing, and you make a purchase with your card at least once every twelve months.

The points you collect never expire, and will remain in your account so long as it remains in good standing.

ACH deposits must remain in your account for a minimum of seven business days prior to withdrawal for clearance purposes and may only be withdrawn via ACH to the bank account of origin.

Your investments remain in an account with your name on it at NBCN Inc..

This account requires the distribution of interest and does not allow interest to remain in the account.

You can allow the interest earned to remain in your account and take advantage of compounding or have the interest transferred to an eligible Discover Bank Account.

When you pass away, the assets remaining in your account aren't surrendered.

When you use the ManulifeOne calculator to calculate your expenses it asks for number of days your income will remain in the account before it starts to go out for expenses, even if you left it intact for 21 days which is generous, $ 4000 in income would save you.66 cents per day x 21 days = $ 13.80 per month, so in this example you would save $ 13.80 per month but then of course you are paying a monthly fee of $ 14.00 per month so you save nothing.

For this exercise, the 500 miles remaining in your account after redeeming 10,000 miles are valued at $ 0.

You have $ 100,000 remaining in an account: $ 90,000 in contributions and $ 10,000 in earnings.

Otherwise, the rolled - over RMD amount could be considered an excess contribution, which is subject to a 6 % penalty for each year it remains in the account.

If you don't, you'll owe a six percent penalty tax that will be assessed each year on any excess amount that remains in your account.