Sentences with phrase «tax free cash becomes»

A permanent life insurance policy can be used to: 1) Reduce estate taxes: The amount of premiums are deducted from your estate to reduce annual taxes, and 2) Cover estate taxes: Immediate tax free cash becomes available when you die so your beneficiaries can pay for both federal and state estate taxes without having to liquidate assets.

Terms used in the members» booklet you received on joining may be very different to those in use now: for example, a tax free cash became a pension commencement lump sum and then an uncrystallised funds pension lump sum — or taking «cash in chunks» according to Pensions Wise (which has the virtue of blunt simplicity though little linguistic elegance).

Not exact matches

By deducting the drug's operating costs, taxes, net investment and working capital requirements from its sales revenues, you arrive at the amount of free cash flow generated by the drug if it becomes commercial.

As taxation rises, tax - free cash flow becomes more advantageous.»

As your cash value accumulates and earns tax - free interest, your policy becomes an asset rather than a liability.

For me, the cash value of life insurance becomes a buffer against excess volatility and down - side risk in the stock market and a way to transfer wealth to my children / grand children tax free.

No; one of the benefits of having a QDRO is that when it is drafted to divide or transfer funds incident to a divorce, and the division or transfer takes place, it becomes a tax and penalty - free event, with the exception that if the receiving spouse elects to take any amounts in cash at the time of the transfer, they will pay ordinary tax on the cash amount at their own tax rate.