Sentences with phrase «subaccount for»

Consider what would happen in the previous example if your employer does not make it possible for you to take a distribution from the separate subaccount for after - tax contributions and associated investment earnings.

Fortunately, your company maintains a separate subaccount for after - tax contributions and the investment earnings they produce.

It's one thing to maintain a separate subaccount for after - tax contributions and their earnings, and another to designate a particular payment as coming from that subaccount.

Upon the sixth transfer from the money market or savings subaccount to the checking subaccount during a monthly statement period, the entire balance in the money market or savings subaccount will be transferred to the checking subaccount for the remainder of the statement period.

While we will maintain separate information on each subaccount for regulatory reporting purposes, all information reported to you will be consolidated.

Returns shown for the subaccounts for periods before their inception are derived from the historical performance of the underlying fund, adjusted to reflect the mortality, expense risk, and surrender charges applicable to this product and do not factor in the annual $ 30 contract maintenance fee.

Not exact matches

First up, using an online high - yield savings account, I've split my money into several different subaccounts, each of which I've named for a specific savings goal.

The subaccount invests in companies outside the United States experiencing rapid earnings, sales, and business unit growth, and with the potential for positive earnings surprises.

For example, a deferred variable annuity may guarantee that your beneficiary will receive at least the amount of your original principal if you die, even if the value of the annuity has declined due to poor performance of the subaccounts you selected.

You say you have separate expense accounts (with subaccounts) for each property, so I would think you'd just run a report filtered to the account (and subaccounts) for each property.

I don't have separate expense accounts for EACH property - I have one (say) utilities account with subaccounts electric, gas, water.

For a portion of the period, subaccounts may have limited expenses, without which returns would have been lower.

The subaccount employs Putnam's value strategy to invest primarily in stocks of large and mid-sized companies that are undervalued and poised for positive change.

Morningstar RatingTM The Morningstar RatingTM for funds, or «star rating», is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange - traded funds, closed - end funds, and separate accounts) with at least a three - year history.

The Morningstar Rating ™ for funds, or «star rating,» is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange traded funds, closed - end funds, and separate accounts) with at least a three - year history.

In some cases, the floor rate is positive so that whatever the market does, your subaccount will earn at least 1 or 2 % interest or whatever rate the floor is set at for the year.

Due to the mechanics used to generate earnings to pay interest to index - linked subaccounts, the profit an insurer makes on IUL policies is subject to the premiums charged for buying options on the indices being tracked.

In most indexed universal life insurance policies, the new cash value of this subaccount then becomes the baseline for the next year when calculating the amount that will be credited to your account.

For instance, some cards allow parents to provide subaccounts to teens to teach them how to responsibly use debit cards.

The return of the growth is calulated after substracting the MER.75 % of the principal is guarenteed at maturity.You can also withdraw 10 % without any penality in every year from the segregated funds.You can also do SM through Manuone.If you can put 10 % with CMHC insurance, either borrow a lumpsum from the subaccount, if you have the equity, or can use dollar cost averaging.In this case you pay only prime rate for the mortgage aswell as for the subaccount just like a credit line.The beauty of the mauone is that you can pay of the mortgage at any time if you have the money.Any money goes into your account will reduce your principal amount, and you pay only the simple interest at prime for the remaining principal.With a good decipline and by putting the tax returnfrom the investment in to the principal will reduce the principal subsatntially.If you don't have the decipline don't even think of this idea.I am an insurance agent, recently I read this SM program while surfing the net, I made my own research and doing it for my clients.I believe now 20 % downpayment can get a mortgage without cmhc insurance.Fora long term investment plan, Manuone with a combination of Segregated fund investment I believe is the best way to pay off the mortgage quickly and investment for the retirement.

There is some confusion as to the availability of separate subaccount treatment for after - tax contributions to employer plans.

The failure to mention the separate subaccount rule (or the rule for pre-1987 after - tax contributions) was either an oversight or a choice made based on space limitations in the newsletter.

Employers can and should make separate subaccount treatment available for all non-annuity distributions to current or former employees from employer plans that permit after - tax contributions.

Explanation of the legal basis for separate subaccount treatment of post-1986 after - tax contributions to employer plans.

Because you are a young investor, you must apportion most or the entire contract values in what they call as «subaccounts» that invest your funds in stocks, for the reason that their time horizon is lengthy enough to permit them to regain losses incurred in the markets.

The Morningstar RatingTM for funds, or «star rating», is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange - traded funds, closed - end funds, and separate accounts) with at least a three - year history.

The Morningstar Rating ™ for funds, or «star rating», is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange - traded funds, closed - end funds, and separate accounts) with at least a three - year history.

As for US dollar subaccounts in the RRSP, I asked about this as well.

(For an explanation of these subaccounts, see Basis Recovery from Employer Plans.)

The point is to input the exact same amount of annual life insurance death benefit and PREMIUMS, for both the term and whole life products, in order to do a true: Buy term life insurance and invest the difference into an alternate investment vehicle (called a mutual fund in this software) vs. buying whole life and «investing» in the life insurance company's subaccounts.

For example, you could have had the company pay the entire $ 40,000 in the subaccount directly to you.

For the benefit of those employers and tax professionals we have a separate page explaining the legal basis for separate subaccount treatmeFor the benefit of those employers and tax professionals we have a separate page explaining the legal basis for separate subaccount treatmefor separate subaccount treatment.

Some life insurance companies are letting policyholders sign up for better deals where they can get access to most any mutual fund (subaccount).

Some employers (and some tax professionals) may not realize that separate subaccount treatment is permitted, or may mistakenly believe it is available only for in - service distributions.

Some plans take a simpler approach, though, specifying that money will automatically come first from any pre-1987 after - tax contributions, then from the subaccount maintained for post-1986 after - tax contributions and investment earnings generated by these contributions, and finally from other amounts.

Some share classes are only for variable annuity subaccounts, variable universal life insurance subaccounts, and institutional accounts.

• How investment choices / options are made for 401 (k), 529, plans and variable life insurance company product subaccounts.

Cardholders can reportedly bay bills online to major utility companies, phone providers, or andlords, and can also create subaccounts to manage expenses for other users like family members.

While talking about parental controls, there is a feature for teenagers to create a subaccount.

Additionally, the Fidelity VIP Government Money Market Portfolio subaccount will replace the PIMCO VIT Money Market Portfolio for future transactions made through any automated program (such as automatic additions, automatic portfolio rebalancing, dollar cost averaging or systematic withdrawal).

Subaccount Charge When it comes to your investments, those that are funded through subaccounts face a number of different fees to the bank or agency for managing the account.

For contract owners invested in the PIMCO VIT Money Market Portfolio, any value remaining in this subaccount on the Liquidation Date will be transferred automatically to the Fidelity VIP Government Money Market Portfolio subaccount.

Since cash value depends on the performance of the subaccounts you choose, there is the potential for losing cash value, which could cause your policy to lapse.

Please see the prospectus for more details concerning any applicable fees and each subaccount investment portfolio's expense.

The policyholder takes on the risk of the subaccount performance rather than the insurance carrier, creating a policy that is most appropriate for individuals who want to manage their own cash value accounts and risks associated with them.

Potential for superior returns: Investors who hold variable annuities for the long term can reap the commensurate growth in the fund subaccounts over time.

Those who put their money in stock subaccounts and leave it there for 20 years or more will probably see a higher return on their investment than can be had from any other type of annuity.