Sentences with phrase «require more savings»

Those with debt also require more savings to cover monthly expenses, which could make it necessary to delay your retirement date.

While Mr. de Blasio has often touted his savings and the fiscal responsibility of his budgets, they have vastly increased city spending — and earlier this year Council members pushed him to require more savings from city agencies to protect against an economic downturn.

Searching for the «right» home has become a drawn - out affair and rising prices require more savings for a down payment.»

With such a quick drawdown you may consider a more conservative portfolio and potentially lower return, requiring more savings.

Not exact matches

While «opting in» requires making a choice that will put more of the responsibility for long - term savings on the members» shoulders, «it starts to cause them to learn how to contribute to their future, their own retirement,» said John Bird, senior vice president of military affairs at USAA, a financial services firm that works with about 12 million current and former members of the U.S. military and their families.

An online savings account that yields 1 percent or more is the safest option for an emergency fund and requires the least amount of effort.

Use a health savings account: More corporations are instituting health care plans requiring large deductibles for their employees in order to minimize health care expenses.

The only metros that required more than 6 years of savings were Denver, San Francisco, LA, Seattle, and Phoenix.

Almost every metro is unaffordable for this group, with 22 out of 26 metros requiring savings of more than 6 years, and 18 metros needing more than 9 years.

Simplifying to one goal is a great way to get started, but planning for retirement requires a lot more than just picking a savings rate.

If you have more to deposit in savings, you may be able to open premium savings accounts that require higher balances to open and maintain.

Although the minimums vary, most brick - and - mortar banks require at least $ 10,000, and sometimes $ 20,000 or more, to earn higher rates than the 0.01 % APY that you would in a typical savings account.

Cloth diapers require the investment of about $ 300 to $ 1,000 and if you reuse them from child to child, the cost savings is even more significant!

The baby carrier seat does not require frequent maintenance, so it is conducive to more savings.

More savings in the cost of Medicaid will come to counties over the next few years, as all recipients will be required to enroll in a managed health plan (similar to an HMO) by 2014.

ClaaS is designed to help schools: · Maximise their budget with savings that can amount to as much as 40 percent when compared to an outright purchase · Release capital from their existing IT assets to help finance their new ClaaS subscription · Receive ongoing servicing, training and maintenance which is covered by the agreement, ensuring schools and teachers get the most from technology · Add more equipment and services as and when required · Potentially include other equipment and services such as; tablets, PCs, printers and Wi - Fi from other best of breed suppliers · Build in a regular refresh to ensure they always have the latest learning technology · Be flexible: choose a convenient term length (for example: 3, 4 or 5 years) with the ability to renew the contract, negotiate a new contract or end the contract at the end of the original term Jane Ashworth, UK Managing Director, SMART Technologies commented: «We are thrilled to announce Crystalised as our third distributor in the UK, effective October 1st.

Besides standardizing data and defining requirements for graduation, Brodt and Bonsteel suggest giving parents more choices — vouchers, educational savings accounts, tax credit scholarships — to increase the probability of students buying into the educational process and working to gain the knowledge required to graduate.

District administrators have often complained that the substitute pay requirements tend to undermine the savings that are generated by teacher layoffs and thus, requires more layoffs than would otherwise be needed.

The Internal Revenue Service requires a Schedule B form in a number of situations, but for the average taxpayer, the two most common reasons are earning more than $ 1,500 of interest or dividend income (from savings accounts or stocks, for example) and to exclude the interest you earn on certain U.S. savings bonds from your tax return.

Since an average salaried investor already has some money lying in bank savings, bank fixed deposits and EPFO / NPS and these are all fixed income investments, while investing they should include these in their overall allocation and then determine whether do they require any more of fixed income return streams or do they need to look at Equities for their allocations.

On the other hand, just one or two relatively «minor» events can wipe - out any savings you had built up in your savings account and require much more out of pocket expenses than you would have paid under a traditional medical plan.

These programs often require that you deposit money in a special savings account for 36 months or more before all your debts will be settled.

If you have more to deposit in savings, you may be able to open premium savings accounts that require higher balances to open and maintain.

have the required «three or more additional consumer accounts» - savings, checking and credit card.

Money market accounts tend to pay higher rates than savings accounts, but they typically require a balance of $ 1,000 or more to avoid monthly fees.

You need to reduce and eliminate your debt thereby cutting off the drain on your income that is required to cover the interest associated with the debt; and by doing so you will be gaining a lot more benefit than trying to build up a surplus of funds in your savings account.

As a no - penalty CD, it can be thought of as a liquid savings vehicle that requires more effort to withdraw funds.

Short - term investment vehicles — such as certificates of deposit, interest - yielding savings accounts, exchange - traded funds and more — are ideal places to store and grow funds you don't need immediately, such as emergency savings, but require access to at any time if a financial emergency were to arise.

There's been discussion of ways to prod people to save more by encouraging or requiring company - based pensions or private savings.

Jason Heath, a fee - only financial planner with Objective Financial Partners, says robo - advisors are a great choice for young investors who only require portfolio management for a specific savings goal and don't need to get into the more personal aspects of wealth management such as taxes and retirement or estate planning.

Although the minimums vary, most brick - and - mortar banks require at least $ 10,000, and sometimes $ 20,000 or more, to earn higher rates than the 0.01 % APY that you would in a typical savings account.

Buying a home is almost forced savings whereas renting requires more discipline to invest the money that would otherwise be spent on property taxes and home décor that homeowners spend their money on.

Once you have built more equity in your home though, you might qualify for a type of loan that does not require mortgage insurance, so that could represent a potential savings if you refinance.

Unless you are able to prime your new student savings account with a lump sum of $ 2,500 or more, you should stick with accounts that don't require a large minimum balance to waive the monthly fee.

✓ 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

For example, retiring at 62 instead of 65 would require an estimated savings rate of 20 % or more to maintain roughly the same chance of success.

If the required savings amount is high, we have two options, take risk and invest in equity oriented products to get decent returns (more than 9 %), (or) decrease the required corpus.

to know more about, how to calculate the required savings amount)

If a taxpayer's gross income falls below the applicable level, there are still reasons that may require the filing of a return, including: having a net self - employment income of more than $ 400; receiving distributions from a Health Savings Account; or earning more than $ 108.28 from a tax - exempt church organization, among other reasons.

But it doesn't require you to pay any more tax, unless you count potential (and often speculative) tax savings from utilizing the AMT credit carryover.

• If you are so wealthy that you do not expect to spend all your savings before you die, then putting your highest growth assets in a TFSA protects more wealth from the minimum required withdrawals of the RRSP.

As before, higher returns would mean more modest savings targets: 6 per cent returns would require annual savings of $ 4,500 if you start at 30, $ 9,100 starting at 40 and $ 21,500 at age 50.

Married - filing - separately status requires more effort, but the time you invest offers tax savings under the right circumstances.

CDs differ from traditional savings accounts because a CD requires that you deposit a certain amount — typically anywhere from about $ 50 to $ 100,000 — for a certain amount of time — anywhere from 30 days to five or more years.

If you exceed this limit on more than an occasional basis, we may be required to close your IRA Online Savings account.

Federal Reserve Regulation D is the regulation that requires banks to disallow more than 6 «convenient transactions» in a month on savings accounts.

The good news is the required savings to generate the extra $ 5,000 is quite modest: $ 125,000 at age 65, a bit more if you want to retire at 63 ($ 238,000), but a bit less if you can stand to keep working until 67 ($ 43,000).

Traditionally, savings accounts are held with banks and there are many different types of on offer, including those that require notice to access funds... [Read More]

Defined contribution plans such as 401ks are now more common and require workers, as the name suggests, to contribute their own money to retirement savings.

While the average credit score needed to qualify for refinancing is typically in the mid-600s, Earnest requires a score of more than 700 along with a steady history of making deposits into a savings account.