Individuals will qualify for the basic state pension if they have completed
sufficient years contribution to their national insurance record.
Not exact matches
(Full disclosure: I have two small children, and after the birth of each I opted to take the full
year of combined maternity and parental leave to which I, as a Canadian who made
sufficient contributions to employment insurance, am entitled.
A prudent rule of thumb in the context of the backdoor Roth
contribution is to wait a
year (though notably, Jeff Levine and the team at Ed Slott and Company believe a much shorter time period is
sufficient, such as waiting «one statement» until an end - of - month statement is released to show the IRA
contribution being made).
«Mr. Willetts: To ask the Secretary of State for Work and Pensions how many EU citizens working in the UK paid
sufficient national insurance
contributions to earn a potential entitlement to the state pension in each
year since 1997.
I think that most people are starting to recognize that funding education at 2008 levels by the
year 2021 is not
sufficient to pay for an adequate education (hence tuition increases at UC system)(hence furlough days and increased class sizes at my District) especially if the State now wants to mandate that Districts increase their
contribution to CalSTRS and CalPERS.
Certainly, many baby boomers felt TFSAs were too little and too late for their purposes, although they would look with a certain amount of envy at millennials and young investors with a 40 -
year investing time horizon ahead of them — indeed, many financial gurus have calculated that merely by maxing out TFSA
contributions over such a time frame, that alone would be
sufficient to ensure a comfortable retirement: no RRSP or employer pension plan
contributions necessary!
The only restriction is that you can't put the money you took out back in the same
year (unless you have
sufficient contribution room for it to be considered an additional
contribution).
You can withdraw your money at any time and put it back in your TFSA the following
year if you have
sufficient contribution room.
If lower - paid employees do not contribute to a 401 (k) plan in
sufficient numbers, for example, higher - paid employees can have part of their
contributions returned at
year - end, meaning it will be treated as taxable compensation.
We have said many times over the
years that peer review, while necessary, is not a
sufficient condition for a paper to be a positive
contribution.
Given that we now have 70
years of decent records since the period when anthropogenic
contributions of CO2 are judged
sufficient to contribute to global warming,
Use of a home by both spouses for a period of
years could be
sufficient conduct to show that the original owner intended to gift the house;
contributions in mortgage or tax payments, or physical management or maintenance of the home by the other spouse would be additional evidence.
You may qualify for SSDI if you have worked for at least two
years and paid
sufficient Federal Insurance
Contributions Act (FICA) taxes.
«If you make your
contribution to the nondeductible traditional IRA and then leave it there until it accumulates
sufficient investment income to exceed the full
contribution amount before you convert it, you will have to reverse the excess amount of the conversion before the end of the
year or face a fine from the Internal Revenue Service.