Sentences with phrase «such as a lump sum»

Combination: You can also choose certain combinations of the above, such as a lump sum upfront, followed by tenure payments or a line of credit to draw upon as you choose.

It is also really important to consider other mortgage options you might not know about such as lump sum and flexible payments.

The personal financial data required may include annual income, current values of and annual additions to investment assets, anticipated retirement expenses, and expected values of future assets such as lump sum distributions from pensions or inheritances.

Both processes also allow for solutions that differ from what a court might be able to order - such as a lump sum payment in lieu of alimony.

By assessing your needs, a broker will carefully weigh important decisions, such as lump sum payments and fixed versus variable rates, before they are made.

Not exact matches

In a report released last month, GAO concluded that the offers it received «did not compare favorably with other financial products or offerings, such as loans and lump - sum options through pension plans.»

A recent MetLife survey * highlighted how this choice shakes out when it comes to retirement: One in five retirees who took their pension or defined contribution plan, such as a 401 (k), as a lump sum depleted it in an average of 5 1/2 years.

As a lump - sum distribution, the PLOP is fully taxable, unless it is rolled over to a qualified plan or IRA and, like monthly benefits, may be subject to court orders, such as division of property orders and support withholding orders, if applicablAs a lump - sum distribution, the PLOP is fully taxable, unless it is rolled over to a qualified plan or IRA and, like monthly benefits, may be subject to court orders, such as division of property orders and support withholding orders, if applicablas division of property orders and support withholding orders, if applicable.

Because of this, in October 2000 Germany's Associations for the Promotion of Highly Gifted Students (Begabtenförderungswerke) increased their scholarship rates to 1800 DM (920 euros) monthly, plus a lump sum of 200 DM (100 euros) for expenses such as research books.

It also offers a more flexible pricing model than before, with various options available to customers such as incentivised, gainshare, hourly / daily rates, and lump sum, enabling customers to tailor their contracts to meet their needs.

In the event that an item needs replacing quickly, such as a server, schools can do so with a relatively minor monthly adjustment to the budget, instead of a lump sum that could seriously affect cash flow.

Famous retail names such as Apple, Waterstones, Tesco, Folyes, Blackwell, The University Bookshop, Baker & Taylor and the Hive to name but a few.We manage your eBook upload and quality checking for your eBook, you receive a monthly payment from each of the retailers as a single lump sum.

Besides there are other plans such as immediate annuity it takes place when lump sum is paid.

Purchasing a life insurance annuity is less popular than simply accepting a lump sum, as there's not a huge advantage to choosing such deferred payments when the lump sum is tax - free.

Unamortized loans work best for people who receive sporadic lump - sum payments, such as those who rely on bonuses, commission or contract completion (e.g., real estate contractors).

There are many more discounts available, ranging from bundling different policies together such as home and auto insurance or paying your premiums in one lump sum instead over monthly installments.

Borrowers can choose a combination such as a monthly payment with a line of credit, or a partial lump sum with a monthly payment.

Cash back bonuses: Student cards are now offering both lump sum cash back intro bonuses, such as getting $ 25 if you spend $ 500 within the first 3 months, as well as cash back matching, where you get $ 1 for every $ 1 you spend during the first year, up to a limit.

But again, follow a set of rules, such as investing one - quarter of the lump sum every three months.

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.

Make sure you have an accurate idea of your current savings balances and an idea of what you plan to do with that money — as well as any lump sums of cash that may come your way, such as an income tax refund check.

With these accounts, you contribute a lump sum today that is guaranteed to pay for a certain period of time (such as a semester) at a qualifying institution in the future.

While this usually is one lump sum, some policies offer the option of a more long - term payment arrangement, such as a fixed monthly amount.

Critical Illness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major illness.

The Legalese A life insurance policy with a critical illness rider will pay out a lump - sum benefit to the insured if they are diagnosed with a covered critical condition (such as cancer, stroke, or a coma).

You can receive a lump sum payment from your death benefit, on a discounted basis, if you are diagnosed with a specific critical injury, such as a coma, severe brain injury, severe burns and paralysis.

(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lump — sum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.

A type of individual retirement account that you fund with a lump - sum distribution from your IRA, employer's retirement plan such as a 401 (k), when you change jobs or when you retire.

You can also reduce your mortgage by making an extra payment if you find yourself with an extra lump sum of money, such as at tax time.

Most first and second mortgages the terms are standard but there are points that could be negotiated such as: 3 month termination penalty, NSF charges, annual lump sum payments, pre-payment options.

A lump sum may be beneficial for you if you have a large payment to make, such as home renovations or medical payments.

Instead of having that $ 100,000 lump sum falling from highs, such as we are currently experiencing, you are buying through the low.

Critical Illness Benefit Rider which pays you a lump sum from $ 20,000 to $ 150,000 if you suffer from a qualifying major illness such as hearth attack, stroke or cancer.

• The following sources are not included in annual income but will be considered in determining the ability to repay the loan: − Income from minors − Food stamp allotment − Payments from foster care − Irregular cash gifts − Lump sum additions, such as capital gains, etc. − Medical reimbursements − Educational benefits − Hazardous duty pay for military person exposed to hostile fire Note: Not every situation can be thoroughly addressed and this sellers guide is not all - encompassing.

Take a lump sum payment to retire other debt, such as an existing conventional mortgage, thus reducing your monthly living expenses.

Receive a lump - sum payment of $ 100 on your credit card to celebrate milestones such as a birth or adoption, wedding or purchase of a home.

Determining an investments horizon, or term, is often based on the intention behind the investment more than the investment itself, such as when the funds will be used for other goals, or whether a lump sum or an income stream is the desired result.

Budgeting loans and advances: This is a Government scheme providing interest free loans to those on certain income - based benefits if you need essential items for your home or other things that you can not pay for in a lump sum, such as clothes and furnishings.

Critical illness insurance provides a lump sum payment if you are diagnosed with a critical illness, such as cancer or an immunological disease.

More info This is a government scheme providing interest free loans to help if you need essential items for your home or other things that you can not pay for in a lump sum, such as clothes and furnishings.

Some may pay you a lump sum based on the length of delay, while others will simply refund costs you've incurred such as hotels or alternative transport.

Simply put, an annuity is an insurance product that can be purchased to provide a sum of money either in the form of a lump - sum or ongoing contributions, such as in the form of monthly or annual payments used as income in retirement.

However, in order to use this method, you must be able to make that lump sum payment using some large financial asset such as the equity in your home.

It is a formal arrangement to pay an agreed amount off your debts over a shorter period, such as five years, or through raising a lump sum.

You can also purchase critical illness insurance, which pays a tax - free lump sum if you're diagnosed with one of several illnesses covered by your policy (such as cancer, stroke and heart disease).

Shouldn't you be giving us strategies on how to maximize our flexibility within the group plan such as annual lump sum contributions and conversions after x number of years, etc..

Your adviser could then compare that strategy to other options, such as devoting not all but a portion of your nest egg to an immediate annuity, a type of annuity that in return for a lump sum of cash guarantees monthly payments for the rest of your life.

Adjustable rate loans apply to lump - sum, line of credit and monthly disbursal loans and are tied to a funds index such as the London Interbank Offer Rate (LIBOR).

A critical illness rider offers a lump - sum benefit to cover healthcare and other costs if you have a critical illness (such as cancer, kidney failure, end - stage lung disease, or other life - threatening condition).

Experts recommend these loans for ongoing expenses such as college tuition, rather than a home repair that you might pay for in a lump sum.