Sentences with phrase «savings account in your name»

«According to the report, Mr. Melaye opened two accounts, one a current and the other a savings account in the name of Daniel «Din» Melaye, posing as a student.

The credit union makes a loan then freezes the money in an interest - bearing savings account in your name.

While you may find it difficult to open a savings account post-bankruptcy, applying for a secured credit card after bankruptcy will automatically establish a savings account in your name equal to the credit limit offered by the secured card.

Even though it's not strictly a cash back card, you can redeem your points for cash in the form of a statement credit on your HSBC credit card or as a direct deposit into your HSBC Bank USA, N.A. consumer checking or savings accounts in your name alone or as a joint accountholder.

Upon approval, Citadel will open a savings account in your name and fund it with a $ 5.00 initial deposit.

Suppose you have $ 250,000 in a savings account in your name and your spouse has a similar sum.

Start saving for your child's education by opening a Coverdell Education Savings Account in the name of a child up to age 18.

Your child could be missing out on valuable financial aid and subject to thousands in taxable income if you place a savings account in their name.

Premiums on a permanent policy cover more than the actual cost of the policy, and the extra amount supplements a savings account in your name.

For example, if a savings account in the name of the spouse who owned it is separate, but the owner took money from the account and invested it in a jointly owned asset, that asset is marital and subject to distribution.

Not exact matches

So channel as much of your income as possible into legally protected personal assets such as a 401 (k) plan and college savings accounts in your children's names.

As long as you (as the parent) are the account owner and your child is a dependent, the savings in a 529 will have a much lower impact on financial aid for higher education than a different type of account opened in your child's name.

He also just welcomed the birth of his first child named Chosen, so he obvously hasnt been using his Health Savings Account for condoms either folks because with a name like that, youd think the kid would of ended up in a Resevoir tip.

Once you've done this, you can open a checking account and savings account in the business name using the EIN number and deposit funds.

And in part, it's because some expenses — Kramer named labor law, finance, accounting — don't lend themselves to scale - up savings, he said.

Based on prior years» tax returns and birth records, parents of a young child that qualifies for childcare subsidies, as described subsequently, would have deposited to the child's name and their control in a federal Childcare and Education Savings Account (CESA) the amount of subsidy to which they are entitled for a given year.

There exists a national political effort to promote traditional vouchers, Education Savings Account (ESA) vouchers, and tax credit scholarship vouchers in the name of assisting students with disabilities.

For example, a savings account, checking account, brokerage account, or money market account held in your own name may be subject to probate.

Cash can be in CDs, savings accounts, interest bearing checking, and money market accounts to name a few.

Small business owners, usually sole proprietors or side businesses, can deposit a check payable to their personal name in a personal checking or savings account.

In addition to the traditional savings account that is familiar to most consumers, there are several variations or completely different products that share the name «savings account».

If you're a one - income family, you might consider a spousal loan to your spouse at the Canada Revenue Agency's prescribed interest rate (currently 1 %) so that they can invest your savings in a tax sheltered account and have it taxed in their own name.

To qualify for a loan, you will need current proof of employment (minimum 36 hours a week) or fixed income (pay stub, award letter, etc.), an open and active checking or savings account (for a minimum of 30 days), a Debit or Credit Card in your name with a Visa or MasterCard logo, a verifiable home or cell phone, a verifiable Social Security number and a valid photo I.D.

The savings account can be jointly owned by you and your child, and once your kid turns 18, it will automatically be converted into a Rewards Savings account, in your child'savings account can be jointly owned by you and your child, and once your kid turns 18, it will automatically be converted into a Rewards Savings account, in your child'Savings account, in your child's name.

It's paid into a separate bank account in your own name: this could be your current account, an ISA or any savings account you like - just check with your account provider to make sure they accept interest payments.

If you've put together some money that you're keeping in a basic savings account as an emergency fund, and you have one credit card in your name with $ 1,000 or more in available credit, I encourage you to take at least 75 % of those savings funds and move them into your policy, which can act as your emergency account.

Because it has «Savings Account» in its name, some people still think it's just a place to stash cash: in fact, you can use it to hold stocks, bonds, mutual funds, ETFs and many other investments.

A Savings Account may only be owned and titled in the name of one (1) person who shall solely retain the right to direct the deposit or transfer of funds.

In order to better save for goals, every account you have needs a name: from your main checking account to your short - term savings to your long - term investment and retirement accounts.

Maintain your financial independence and credit history by keeping a credit card and savings account in your own name.

In Canada, for example, it's called a term deposit; in Ireland, it's a fixed term account, and in the United Kingdom, it's a savings bond (which is different from the United States debt security of the same nameIn Canada, for example, it's called a term deposit; in Ireland, it's a fixed term account, and in the United Kingdom, it's a savings bond (which is different from the United States debt security of the same namein Ireland, it's a fixed term account, and in the United Kingdom, it's a savings bond (which is different from the United States debt security of the same namein the United Kingdom, it's a savings bond (which is different from the United States debt security of the same name).

What most have done in the past is put it in a mix of top savings accounts and big name banks to spread the savings to not go over the # 85,000 with any bank.

Highlight: FNBO Direct Online Savings Account, which was named the Best Online Savings Account in 2008 Kiplinger, offers an attractive 0.85 % APY with no monthly fee and no minimum ($ 1 to earn interest).

But in comparing the best savings account rates online, you'll probably find a lot of online bank names among the top of the list.

In other words, these accounts are investment vehicles, not just savings vehicles as their name unfortunately implies.

Some families prefer to invest outside of RESPs — in informal trusts, by purchasing stocks or bonds in the child's name, or simply by opening a savings account.

The only savings to my name are $ 2000 in my bank account, which I know won't go far.

The Savings account needs to be opened in child's name, as primary account owner, to be eligible for Kid's Club Birthday Reward.

As the name suggests, an emergency fund is a stash of cash that you stow in a safe place, like a savings account.

Finally, simply keeping assets in a parent or grandparent's name retains maximum flexibility to invest and spend for expenses that might not otherwise qualify for favorable treatment in tax - favored college savings accounts.

Rates are as of February 2, 2015 and are available only on HiSAVE Savings Account, which is the brand name for ICICI Bank Canada's Canadian and U.S. Dollar Personal Savings Accounts, opened on - line or by phone and will apply to the balances in the accounts of new and existing customers.

The most popular savings vehicles were: savings account in adult's name earmarked for college (51.2 %), other means such as a Roth IRA (39.0 %), savings bonds (29.3 %), UTMA / UGMA custodial account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (savings vehicles were: savings account in adult's name earmarked for college (51.2 %), other means such as a Roth IRA (39.0 %), savings bonds (29.3 %), UTMA / UGMA custodial account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (savings account in adult's name earmarked for college (51.2 %), other means such as a Roth IRA (39.0 %), savings bonds (29.3 %), UTMA / UGMA custodial account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (account in adult's name earmarked for college (51.2 %), other means such as a Roth IRA (39.0 %), savings bonds (29.3 %), UTMA / UGMA custodial account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (savings bonds (29.3 %), UTMA / UGMA custodial account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (account (26.1 %), Coverdell Education Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (Savings Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (Account (21.8 %), home state's 529 college savings plan (11.1 %), and out - of - state 529 college savings plan (savings plan (11.1 %), and out - of - state 529 college savings plan (savings plan (4.9 %).

After innovating and leading in online high - interest savings accounts for years, ING Direct is introducing three low - cost, index - based, mutual funds under the «Streetwise» name.

Phony debt collectors can use your information to commit identity theft by charging your existing credit cards, or opening new credit card, checking, or savings accounts, writing fraudulent checks, or taking out loans in your name.

People heard savings in the name and they came to their own conclusions as to the purpose of the accounts.

«Just by virtue of having the two words «savings account» in the name, a lot of people think that's all it will ever be,» he says.

In a subsequent exchange of emails, Erotocritou (a certified financial planner with Investors Group) said Ottawa made a mistake when they named it a Tax Free «Savings» account, when they should have named it a Tax Free «Investment» Aaccount, when they should have named it a Tax Free «Investment» AccountAccount:

I want to transfer money to my grandmother savings account so she can open a fixed deposit worth Rs. 2500000 in her name.

Open an individual savings or chequing account in your name.

As long as the account is held in a parent's name, only up to 5.64 % of the money in a 529 savings plan will be counted on the FAFSA.