The 7 - pay test basically places a cap on the amount of money you can put into a policy for the first seven years of its duration — pump in more money
than the cap allows, and your policy becomes an MEC, which is subject to both normal income taxes and an additional tax penalty whenever loans are taken out on the policy before age 59 1/2.
Not exact matches
There is an income
cap on the Roth IRA: Only married people earning less
than $ 189,000, or single people earning less
than $ 120,000, are
allowed to make the maximum yearly contribution of $ 5,500 (or $ 6,500 for people aged 50 or older).
The Ultimate Guide To Stock Screeners A stock screener
allows you to search for stocks that meet a specific criteria, such as «market
cap above $ 100bn with a P / E ratio of less
than 12».
In many states, the maximum
allowed APR on a personal loan is
capped at 36 %, so it's best to look for loans with an APR equal or lower
than this.
Would this article be published if TSLAs market
cap was 1billion instead of ~ 50 billion.Of course not.TSLA is much less a story of innovation and technology and much more one of a stock where rampant speculation resulting from Central bank liquidity has pushed its stock to levels completely unrelated to its prospects as a company.Its silly stock market valuation
allows it raise cash to keep the charade going much longer
than the economics of its business would ever suggest.
«If this note converts at a price higher
than the
cap that you have been given you agree that in the conversion of the note into equity you agree to
allow your stock to be converted such that you will receive no more
than a 1x non-participating liquidation preference plus any agreed interest.»
In months when you use more
than 6 GB of data, we'll
cap your charges for calls & texts plus data at $ 80, and
allow you to continue using high speed data for free — similar to an unlimited plan.
(The Senate bill also limits companies to making autonomous - only cars so long as they sell less
than a certain number of units in a given year,
capping the number at 15,000 vehicles in the first year, 80,000 in three years, and
allowing an unlimited number of cars in the fourth year.)
State officials said that some districts have been saddled with tax
caps for 2016 - 2017 that
allow less revenue
than the current year.
Calls for altering the
cap are back again this year as school districts face the prospect of setting budgets that
allow for less
than a 1 percent increase in the levy, or the amount collected in taxes.
It's considerably higher
than the 15 percent
cap proposed by Gov. Andrew Cuomo — which he modeled after the U.S. Congress — but it is still a major shift from the current system, where legislators are considered part - time officials and
allowed unlimited earnings in their side jobs.
At the same time, the tax
cap — due to
allow for an increase of less
than 1 percent in the levy this year — has constricted the ability of districts to raise funds.
Allow me to point out (again) that
capping the rate of GROWTH (rather
than actually DECREASING) property taxes WO N'T help the 83 -LRB-?)
·
Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax
cap (does not apply to NYC) where «ability to pay» will be defined as no more
than 2 percent growth in the contract.
«Every year, hundreds of donors give more money
than is
allowed by state law that has highest limits of any state
capping donation size; scores of candidates fail to disclose large contributions received in the run - up to Election Day; thousands of filings obfuscate the identity of donors or the purpose of expenditures through the inclusion of incomplete or incorrect information; and dozens of incumbent lawmakers spend campaign funds for what reasonable people would unanimously agree are non-campaign reasons,» the report found.
The Conservatives are refusing to
allow a donation
cap as low as # 10,000 because they rely more
than any other party on big - figure cheques.
But school districts have in recent weeks raised concerns about a tax
cap that will
allow for increases of less
than 1 percent heading into the next budget season.
ALBANY — Mayor Bill de Blasio may have come to the Capitol on Tuesday to ask state lawmakers for help with affordable housing programs and homeless shelter allowances, but he found himself forced to answer a barrage of questions about an unexpected issue as more
than a half - dozen lawmakers pressured him to
allow a property tax
cap in the city.
The extra state aid will help the more
than 700 school districts in New York as they struggle to stay under the state property tax
cap, which
allows them to increase their tax levy by only.12 percent this year without seeking voter approval.
If the initial
cap is set high enough, and
allows for a rate of inflation based on actual medical costs, which is higher
than the average rate of inflation, then the state could be able to meet its costs to cover health care for people on Medicaid who obtained coverage under Obamacare.
These councils have taken legal advice and plan to use a loophole that
allows them to increase waste and transport costs by more
than the 2 %
cap.
New York State School Boards Association Executive Director Tim Kremer says 13 districts proposed budgets that exceeded the 2 percent tax
cap and 77 percent passed: «The voters came out and said «we understand that you're gonna need more money
than what the
cap would
allow.
If the initial
cap is set high enough, and
allows for a rate of inflation based on actual medical costs (which is higher
than the average rate of inflation), New York could cover health care for Medicaid patients who obtained coverage under Obamacare.
Under the deal, federal discretionary spending this year and next will total roughly $ 300 billion more
than allowed by the
caps.
The cost of
allowing global temperature to rise to 2C, rather
than capping warming at 1.5 C, is an area of permafrost the size of Mexico, according to new research.
The script never convincingly squares this film's vision of
Cap as a guy who's willing to go it alone against government forces (led by William Hurt's Thaddeus «Thunderbolt» Ross) who want to regulate super-heroic interventions with the Captain America of «The Winter Soldier,» who decided he'd rather go against his own government
than allow one of its highest ranking military officials to order extrajudicial assassinations.
But Reeves counterbalances a solidly world - weary cast (including Keri Russell and Kodi Schmitt - McPhee, who, as Malcolm's frail, indie - comic - reading son, could certainly have been more annoying) against some of the strongest mo -
cap effects ever put on screen,
allowing Kibbell and Serkis to breathe unmistakable gravity into both Koba's vengeful sadism and Caesar's sad - eyed realization that apes and humans have more in common
than he'd like to admit.
Universities Minister Jo Johnson said: «By lifting the
cap on student numbers, we are
allowing more young people to benefit from higher education
than ever before.
Specific regulations on beverages include a 12 - ounce
cap on all drinks except water and milk with less
than 2 percent fat, and at the elementary school level, a policy
allowing only water, milk, and 100 percent fruit or vegetable juice.
This suggests that rather
than capping the number of charter schools, it may be beneficial (and certainly not harmful) to
allow for further expansion in NYC.
For example, ESSA requires states to include a broader set of factors in school accountability systems rather
than just test scores; provides funding for states and districts to audit and streamline their testing regimes; and
allows states to
cap the amount of instructional time devoted to testing.
On another front, charter industry proponents find they face stiffer opposition
than anticipated in Massachusetts where a ballot initiative in November, called Question 2, calls for lifting the
cap on the number of charters
allowed in the state.
A key statistic provided by the state Department of Education complicates the trend found in Figure 3: while state charter schools overall have a lengthy waitlist, not every charter school is at capacity, because the total number of students attending charter schools is lower
than the total maximum enrollment
allowed under charters authorized by the
cap (Figure 6).
According to my network provider's customer care team, RIM servers have a download
cap which does not
allow the download of files larger
than 4.8 MB.
Nortel once made up more
than 30 % of the S&P / TSX Composite and is now a penny stock — that's the reason the iShares S&P / TSX
Capped Composite Index Fund (XIC) no longer
allows any stock to make up more
than 10 % of the index.
BlackRock writes that the iShares MSCI World Small
Cap UCITS ETF (WSML) is a way for investors to express a nuanced view within their equity allocation,
allowing them to take a building block approach to broad exposure but with a lower level of idiosyncratic risk
than single stock investments.
AFF — Afferro Mining — Mining - will receive $ 115m for sale of stake in joint venture, which is higher
than market
cap,
allowing investment in its remaining mines.
If you've had time out of the workforce, work part - time or have irregular work patterns and have contributed less
than your before tax (concessional)
cap, you can rollover the unused portion of your concessional contribution
cap for up to 5 years,
allowing you to make additional contributions in future years.
The rules for the mortgage interest deduction have changed somewhat thanks to tax reform: The deduction is now
capped at mortgage amounts of $ 750,000, though if you have an existing mortgage that's larger
than that, you'll still be
allowed to deduct the interest (the new limit applies to mortgages acquired after 2017).
From 1 July 2013, the fees and charges
allowed on loans of more
than $ 2,000 are
capped (that is, limited to a maximum amount).
Firstly,
capping the bonus category spending at $ 1,000 per quarter
allows for maximum rewards for somebody who spends no more
than $ 333 per month on gas and restaurants.
If a
cap is on longer
than six weeks, you simply need to trim the end of the
cap, which breaks the adhesive seal and
allows the
cap to fall off.
This
allows the knee
cap to float rather
than be in the normal line of the leg which leads to your dog keeping the injured leg off the ground and limping.
While rewards are
capped at $ 250 per billing cycle, the remaining points are added to Rewards in a future billing cycle, so you won't lose out if you earn more
than allowed.
Beyond a graphical downgrade, two - player cooperative
cap and a few controls remapped to the rear touch pad, this is nothing less
than the full PS3 version, even
allowing you to transfer save files and Badass Ranks between the two platforms.
However, if some (or many) of these efforts have some smoke - and - mirror aspect to them, or if they become the seemingly easy «solution du jour» and
allow us to think that we can avoid larger solutions (fuel efficiency standards; carbon tax, or firm carbon
cap combined with a robust and regulated carbon credit trading mechanism; substantial investments in new energy technologies; energy conservation; etc.), their net impact can be more damaging
than beneficial.
(An alternative is
cap - and - dividend, which would have similar overall effects, but specify the amount of carbon
allowed rather
than the level of the tax.)
That's because the new containment
cap would eventually
allow four collection ships to access the well, rather
than the maximum of three
allowed by the old
cap, Allen said earlier.
The USDA, rather
than the EPA, would run a
cap and trade program to
allow farmers to sell carbon credits to polluters
Of course, changing the rules in the middle of the game does have some unfair impacts and some compensation might be
allowed, but preferably in the form of offering Alberta different opportunities and help getting there, rather
than exempting them from, for example, the full force of a tax or
cap / trade and some specific regulations pertaining to extraction, etc..)