Sentences with phrase «savings vehicle designed»

A 529 Plan is a savings vehicle designed specifically for higher education expenses.

You know that IRA stands for Individual Retirement Account and that it is a savings vehicle designed to help you save for retirement.

A 529 plan is a tax - advantaged savings vehicle designed to help you save for college for a child or family member.

Annuities are interest bearing, tax deferred savings vehicles designed to provide future income in exchange for a lump sum or series of payments now.

Not exact matches

While immediate annuities are designed to turn savings into an income stream right away — typically, for retirees, deferred annuities (variable or fixed) are a tax - deferred savings vehicle used by investors to save more for retirement.

They were designed to be savings vehicles to supplement pensions and social security income.

The Corvette engineering team chose SANLUIS Rassini, the world's largest producer of suspension components for light commercial vehicles and the largest fully integrated brake disc producer in the Americas, to produce the unique two - piece rotor design, which offers significant weight savings and extreme performance at high speeds.

But once you get cash flow you can then take a portion and place it into a tax favored savings vehicle, a properly designed strategic banking policy.

2016 is the tenth anniversary of the Pension Protection Act, or PPA, which was largely designed to shore up financially troubled defined benefit plans, and their insurer, but the legislation also vastly improved the health of defined - contribution plans including 401 (k) s, now the dominant individual retirement savings vehicle for those Americans who are offered such plans at work, mostly at large companies.

And if you get the right policy design, the cash value can build and create a wonderful savings vehicle for use with student debt, large purchases (such as a first car), investment opportunities and future retirement income.

When designed properly, indexed universal life insurance can be a great savings vehicle for investors who have the keen ability to conserve.