Sentences with phrase «single lump sum contribution»

A single lump sum contribution every year may be a difficult thing for you to maintain.

Not exact matches

I have included two worksheets: the first assumes a single lump - sum contribution of $ 100,000 CAD, while the second assumes a $ 5,000 annual contribution.

However, if you are going to make a single lump - sum contribution, such as an inheritance you receive, the transaction cost of an ETF might well be lower than for an index fund.

With a 529 plan, you could give $ 75,000 per beneficiary in a single year and treat it as if you were giving that lump sum over a 5 - year period.3 This approach can help an investor potentially make very large 529 plan contributions without eating into his or her lifetime gift - tax exclusion.

Is it better to keep this money in my savings account and then make a single lump - sum contribution to the funds in my TFSA each year, or should I put it directly into the funds every month?

He says borrowers are less likely to make extra payments if they are only allowed to make a single lump - sum contribution on an anniversary date.

Single premium immediate annuities allow you to set up an immediate, steady income stream with a one - time, lump - sum contribution that can last as long as you live.

A single premium deferred annuity allows for a single, lump - sum contribution.

Single - premium immediate annuities let a person set up an immediate, steady income stream with a one - time, lump - sum contribution.