Sentences with phrase «substantial balance»

When you've got multiple credit cards that are carrying substantial balances, it can feel overwhelming.
You begin with one card and before you realize it, you have several credit cards with substantial balances.
One factor to keep in mind is that if you have substantial balances in traditional IRA or 401 (k) accounts, waiting to tap any of this money until age 70 1/2 may make your RMDs so large that they'll push you into a higher tax bracket.
On the downside, you'll have to have a pretty substantial balance to earn anything more than 0.20 % APY on this account, and there are competitors that offer better yields on checking.
If you keep a substantial balance in your account, consider the fact that your beneficiary will have access to use the funds as they please after you die.
on Ask An Expert: When is it a good idea to seek a personal loan or balance transfer to take pay off a substantial balance on a credit card?
Additionally, you should not do this for the regular checking account out of which the household expenses are paid unless there is a substantial balance in the account over and above the amount needed for paying the current month's bills.
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