Sentences with phrase «sum payments to»

Lump sum payments to beneficiaries and additional cash value built over time are generally not taxed.

(It's a good idea to time your card application such that you can pay off your annual car insurance premiums or other lump - sum payments to take a hefty chunk out of this spending requirement.)

The use of lump sum payments to help accelerate the process often goes overlooked.

Examples of prepayment: increasing the amount of your regular mortgage payments making lump - sum payments to reduce your mortgage balance paying off your mortgage in part or in full before your term is over.

«I never hid from it, I never avoided working with the IRS to work this out... I've reduced it through monthly payments and at end of the year I made four lump sum payments to bring that balance to zero.»

CPP Death Benefit The Canada Pension Plan death benefit is a one - time, lump - sum payment to your estate that can help to pay for funeral costs.

There is no upfront cost to this type of PMI, and no waiting period to cancel it via a refinance or lump - sum payment to your principal loan balance.

Note: Welfare is measured as equivalent variation — the lump - sum payment to households to leave them as well off without the TPP as with it; values are in Canadian dollars (millions) at 2017 prices.

At the same time we are making funding fairer, consulting on proposals for a new national funding formula so that areas with the highest need attract the most funding — including plans for a lump sum payment to meet school costs, with extra funding for our smallest and most remote schools.»

A balloon auto loan or residual payment loan is a loan in which monthly payments are made for a certain amount of time, ending with a lump sum payment to the lender at the end of the loan term.

When the due date for your guaranteed bad credit loan arrives, you will make one lump sum payment to the lender and the loan will be covered in full.

I would like to pay this debt off but was wondering does it have to be the full amount or can I negotiate 50 - 80 % lump sum payment to completely wipe the debt clean?

«And if they come under, you can either make a lump sum payment to your mortgage, you can keep it as an emergency fund, or you can help cover repairs or renovations down the road.»

Then, usually you make a lump - sum payment to the credit counseling agency who, in turn, pays your credit card bills each month.

A mortgage that has periodic payments that will amortize it over a stated term but that provides for a lump sum payment to be due at the end of an earlier specified term.

What representatives do is that they offer a lump - sum payment to creditors for less than what you owe and then they intentionally make you delinquent on your debts in order to have leverage.

Some lenders may want you to make a one - time, good faith lump - sum payment to enter a debt settlement agreement.

When a sufficient amount is available to offer, as a one - time lump sum payment to one of their creditors, negotiations start.

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

With critical illness insurance, if an individual is diagnosed with a serious illness, the coverage will pay out a lump sum payment to help with paying bills, transportation costs, and / or any other need that the policyholder sees fit.

A voluntary method of debt restructuring in which a person makes a lump sum payment to a financial counseling agency who distributes the funds to creditors.

That's when you make an extra lump - sum payment to one of your debts every month until it's repaid.

Please note that in this example the couple would also have the option of paying to the trustee the $ 20,000 (or a negotiated sum) in a lump sum payment to prevent the home being sold.

If you have the money, it makes good sense to send an extra lump sum payment to your lender.

Life insurance is simply a contract between an insurance company and a policy holder to provide a lump sum payment to a designated beneficiary when the policy holder dies.

They will negotiate terms on the interest rate you pay and might discuss a lump - sum payment to clear your debt.

The person I signed for actually sent a lump - sum payment to Navient and Navient claims it was never received.

Before this six month mark, you have the option to make a lump sum payment to repay all the deferred interest that has accrued as a student.

If you receive Centrelink payments, you could request an interest - free lump sum payment to buy the item you need.

Fixed - rate loans provide a single, lump - sum payment to the borrower, which is repaid over a set period of time at an agreed - upon interest rate.

Usually, you'll have to make a lump sum payment to settle your credit card debt.

To reduce your monthly payments during the first few years of a mortgage you make an initial lump sum payment to the lender.

Debt settlement means offering a lump - sum payment to a creditor for less than what is owed.

There are even programs available that enable you to make a single lump sum payment to pay for one or multiple policies — a great idea for grandparents!

Each employer periodically sends a lump sum payment to the U.S. Treasury that includes all of the income taxes and Social Security and Medicare payroll taxes paid by both the employer and its employees.

You can think of reinstatement as a single lump - sum payment to get caught up on your missed mortgage payments from the past.

For instance, they might allow the homeowner to make a single lump - sum payment to account for the missed payments.

Debt settlement involves offering a lump - sum payment to receive forgiveness of your outstanding credit card balances.

Madigan s complaint alleges that consumers did not understand (1) that their monthly payments would be used to pay fees before any performance of services on their behalf, and (2) that it takes several months to accumulate a lump sum payment to begin negotiating a payoff with the credit card companies.

Per the demo, it seems like the interest you will be paying on the PLOC would be easily less than the interest you save by reducing the principle when it is the next time you use the PLOC lump sum payment to pay into the mortgage.

A fixed - rate loan is a single, lump - sum payment to you.

In September 2011, Penncorp made a lump sum payment to him, which resulted in his being paid for two years until January 2007.

Although Deeley had provided Wood with the benefits she was entitled to during the notice period as well as a lump sum payment to arguably account for the lack of severance pay, this did not change the fact that the termination clause was deficient and unenforceable.

Whether a lump sum payment to settle three grievances, paid to McLaughlin upon termination of his employment, was salary - based and, therefore, pensionable.

AD&D coverage would make lump sum payment to you or your family in event you were to become dismembered or pass away in an accident.

Critical illness insurance is a product in which an insurer will make a lump sum payment to the policyholder if the insured becomes diagnosed with an illness specified in the policy.

Both term and permanent policies allow you to select an amount of coverage in exchange for your premium payments over the life of the policy, providing a lump sum payment to your beneficiaries when you die.

If you are diagnosed with an illness covered by critical illness insurance, you'll receive a lump sum payment to use as you wish.

Lump sum payment to the quantum of 100 % of capital sum insured in case of job loss caused due to accident.

With critical illness insurance, if an individual is diagnosed with a serious illness, the coverage will pay out a lump sum payment to help with paying bills, transportation costs, and / or any other need that the policyholder sees fit.