Sentences with phrase «restricted by income»

Traditional IRA contributions are not restricted by income, but the ability to take a tax deduction is.

With either type of plan, participation isn't restricted by income level and lifetime contribution limits are high, typically $ 300,000 and up (limits vary by state).

Qualification for the MCM program is restricted by income.

He was regularly subbed off during his time with our club, and obviously was going to be restricted by the incoming signing of PEA, so we have to respect his wish to leave, but maybe we simply didn't play the type of football suited to his playing style.

Not exact matches

«The good news, which is the mantra of my office and community board No. 4, is there will be, yes, by law, 35 years of income - restricted affordable housing,» Gale Brewer, the former City Councilwoman for the area and current Borough President of Manhattan, said at the time.

To the extent that in 2018 or any later year, the aggregate amount of any covered officer's salary, bonus, and amount realized from option exercises and vesting of restricted stock units or other equity awards, and certain other compensation amounts that are recognized as taxable income by the officer exceeds $ 1,000,000 in any year, we will not be entitled to a U.S. federal income tax deduction for the amount over $ 1,000,000 in that year.

The government has acted to restrict the benefit to high income Canadians by capping the tax benefit at $ 2000.

Carson's proposals, and other initiatives aimed at low - income Americans receiving federal assistance, amount to a comprehensive effort by the Trump administration and Republicans in Congress to restrict access to the safety net and reduce the levels of assistance for those who do qualify.

After recently mentioning that I would consider an investment in the Vanguard Wellington Fund if I wanted to create wealth in such a way that I did not have to spend much time thinking about investments or intended to pass the ownership stake on to someone that did not have much knowledge about investing (i.e. if you wanted to turn your children into trust fund babies in a way that they could not ruin it, you'd want to set up a restricted trust that only permitted the kids to receive the interest and dividend income generated by the fund, perhaps with the instruction that the assets transfer into an S&P 500 index fund if the Wellington Fund were to ever cease to exist).

Real wealth comes from income, and every single one of you has the ability to earn more (unless you are restricted by a work visa while living abroad).

But that change was offset by limiting the bill's benefits to some higher - income families, and by restricting it to children age 16 and below, down from 17 and below in the Senate bill.

The party plans to make up the money by restricting tax relief on pension contributions to the basic rate, taxing capital gains at marginal income tax rates, allowing for indexation and retirement relief, tackling stamp duty land tax avoidance and corporation tax avoidance and by subjecting benefits in kind to national insurance contributions as well as income tax and applying national insurance to multiple jobs.

But, government reform groups are in favor of the pay raise, as long as it is accompanied by reforms — including banning or severely restricting outside income (which factored into the corruption convictions of two former legislative leaders), and eliminating extra stipends for committee chairs and leadership posts.

Stronger proposals to ban their ability to earn outside income and restrict contributions from limited liability corporations — actions that led to the downfall of former Assembly Speaker Sheldon Silver and former Senate Majority Leader Dean Skelos — went by the wayside.

The state Legislature should do what Congress did after Watergate, dramatically restrict outside income for lawmakers, and enact strong disclosure and conflict - of - interest rules for income earned by lawmakers and senior staff.

New York State should dramatically restrict outside income for lawmakers and enact strong disclosure and conflict - of - interest rules for allowed income and for income earned by lawmakers» family members.

Cuomo in recent months has been outspoken about the federal tax cut plan hurting high - tax blue states like New York and California by severely restricting the federal deductibility of state and local income and property taxes.

Assistant U.S. Attorney Carrie Cohen said Tuesday that Silver had been protected for years by systems he put in place to cover up his crimes, including measures to restrict disclosures of outside income.

She says outside income by legislators should be banned, or severely restricted.

His commitment to maintaining universal benefits, which are free to everyone regardless of income, follows recent announcements by the Labour opposition in Westminster about plans to restrict some benefits.

Countless more scholars remain in their own countries, their work — and lives — severely restricted by security threats, failing infrastructure, persecution, loss of income, international isolation and collapsing governments.

Paula Gray, Director of Human Resources --» School choice is important because a parent should have the ability to choose which public school their child attends and not be restricted by their address or income.

For Roth IRAs specifically, married individuals filing jointly are restricted by contribution limits if their income is over $ 166,00 per year, whereas married couples filing separately each have a limit of $ 105,000.

And just as RRSPs must be eventually annuitized or converted to Registered Retirement Income Fund (RRIFs) by the end of the year you turn 71, a LIRA must be converted either to a life annuity or to a Life Income Fund (LIF) or LRIF (Locked - in Restricted Life Income Fund).

Real wealth comes from income, and every single one of you has the ability to earn more (unless you are restricted by a work visa while living abroad).

Negative gearing was restricted by a prohibition on the transfer of contingent property income and the property losses could not offset income from labour.

The Orlando Humane Society restricted access to its drug supply Wednesday under scrutiny following the theft of 30 vials of the animal tranquilizer known as Ketamine or «Special K. «State inspectors and Orange County sheriff's investigators studied the society's drug inventories, purchase orders and logs to assess the recent break - ins at the agency's two clinics.Under new guidelines, access to ordering, receiving, using and stocking controlled substances will be restricted by requiring two authorized signatures on all incoming supplies.

Neighborhood cats, cats in doorstep colonies or multi-cat households, cherished pets owned by seniors on restricted incomes, feral cats with caretakers on limited budgets.

The great promise of forest regrowth can be achieved by boosting the income of nations and the adoption of high - yield farming techniques, not by coercive sustainable policies to restrict forestry or agriculture.

The utilization of carried - forward tax losses by a company following a change in ownership is restricted by the provisions of § 8c German Corporate Income Tax Act.

In contrast to New York, the US Congress has singled out certain classes of women (low - income women, federal employees, military personnel serving overseas, residents of the District of Columbia, and women in federal prisons) and restricted their access to legal abortions because their health care is funded in part by the federal government.

The resolution expresses the «sense of the Congress that the current Federal income tax deduction for interest paid on debt secured by a first or second home should not be further restricted.»

Residents of age - restricted buildings generally don't have enough income to cover the rent, according to a new study by the Center for Retirement Research.

Financing is generally cheaper by the jumbos, but in the current market access is highly restricted to pristine borrowers with high minimum down payments, high credits scores, low debt - to - income ratios and large amounts of reserve funds.

Since the right to take full premium write - offs is restricted by law to borrowers with incomes of $ 100,000 or less, the benefit is targeted at non-wealthy families and is off - limits to everybody else.

Regionally, renters in the Southeast and Midwest seek the space afforded by single - family homes, while renters in the expensive and dense Northeast and West look to smaller buildings, sharing a home, or income - restricted options to make the rent more affordable.

Under the test, a building is generally a qualified low - income building if at least 20 percent of the units are both rent restricted and are occupied by tenants whose income is less than or equal to 50 percent of area median gross income.

In 2011, NAR secured 183 bi-partisan co-sponsors for H. Res 25, which «expresses the sense of the Congress that the current Federal income tax deduction for interest paid on debt secured by a first or second home should not be further restricted.»