Sentences with phrase «similar plan until»

First, if you're still working at age 70 1/2, you don't have to take distributions from your employer's 401 (k) or similar plan until you retire, unless you own 5 % or more of the company, in which case distributions must begin at age 70 1/2.

Let's assume you're 30 years old, earn $ 45,000 a year, get 2 % annual raises and save 8 % of your salary every year in a 401 (k) or similar plan until you retire in 35 years.

Not exact matches

Whom it may benefit: This strategy works best for couples with normal to high life expectancies with similar earnings, who are planning to work until age 70 or have sufficient savings to provide any needed income during the deferral period.

Dallas has a tendency to «visit» with players with similar draft projections when they are intending on striking at a position at a particular place (as a value), but this looks like Dallas is planning on waiting until the WR value is «right».

«Until recently the European Space Agency had plans for a lunar lander (which has since been scrapped) and the science case for Lunar Mission One is quite similar,» Ian Crawford, one of Lunar Mission One's principle scientific advisers, told BBC News.

This is similar to wedding planning in that you don't want to wait until the last two weeks and suddenly freak out because you haven't trained.

In addition, the main thrust of the report's criticism, that the state's ESSA plan is not sufficiently similar to what it would have been had No Child Left Behind remained in effect, assumes the test - based accountability strategy that these reviewers have made their careers pursuing had been effective, which it has not; and therefore, when coupled with the false claim that California has high - quality academic standards and assessments, which it doesn't (California's standards being based on the Common Core, which leaves American students 2 - 3 years behind their peers in East Asia and northern Europe), California's families remain well advised to opt out of state schooling wherever and whenever possible, until the overreach from both the federal and state capitals is brought to an end and local schools that want to pursue genuinely world - class excellence can thrive.

For the young investor, as presented in Article 8.1, the most mindful investing plan is to simply buy low - cost stock funds at regular intervals when long - term money becomes available, hold those investments until retirement (or similar spending phase), and ignore market gyrations entirely.

Continuing under the assumption that you have a defined benefit pension plan that will pay you $ 50,000 per year until you pass away I would say that your pension plan is more similar to a life annuity rather than a GIC since a GIC comes to term whereas an annuity pays until death, but if you are trying to put a value on the holding of your pension plan I would say that yes, it is fair to count it as a million dollar GIC at 5 %.

I'm using a similar approach as with my previous RLD valuation, and I'll continue to exclude any Tsavorite resource valuation until we have some greater clarity on mining plans.

Working similar to retirement plans, 529s let you set aside chunks of money on a tax - deferred basis, letting income and capital gains accumulate within the account until you use them for college expenses.

Plans for the next decade of the World Climate Research Programme require continuing global observations of clouds and the most practical way to fulfill this requirement is to continue ISCCP until it can be replaced by a much more capable system with similar time resolutions and global coverage.

Advantage No. 2: Similar to ordinary level premium whole life policies, once a policyowner has chosen a premium payment plan, the policy has an element of forced saving until the policyowner requests a change in the premium payment plan.