Sentences with phrase «than the retirement benefits»

If you are disabled at age 62 or older and have worked for at least 10 years they you qualify for full disability benefits (which are generally less than retirement benefits).

With married couples, lower - earning partners may qualify for bigger benefit spousal benefits than the retirement benefits they would receive on their own work records.

In the event the retiring judge elects to retire as a «Senior Status Special Judge» under this subsection, he shall commit to serve, upon appointment by the Chief Justice of the Commonwealth, as special judge for one hundred twenty (120) work days per year for a term of five (5) years without compensation other than the retirement benefits under this subsection.

Not exact matches

Generally, however, when combining comprehensive service and technology solutions for on - site HR support, payroll, and retirement benefits, the price can be as low as $ 680 per bi-weekly pay period for 10 employees, far less than hiring a full - time HR person for your small business.»

Diamonte serves on the board for the Committee on Investment of Employee Benefit Assets, representing more than 100 of the country's largest private - sector retirement funds on fiduciary and investment issues in Washington.

Though they admit comparisons are tricky, economists generally view public retirement benefits in the United States as less generous than those in many other wealthy nations.

In short, more than 80 years ago, a U.S. president said that taxpayer - paid retirement benefits should go only to those who really need them.

AFPs cover about 10 million affiliates, and provide retirement benefits to more than a million retirees.

Although Sanders and his wife's joint tax return showed income of only a little more than $ 200,000 for 2014 — including his $ 174,000 salary, his mayoral pension, and their Social Security payments — the senator's expected retirement benefits make his situation much more comparable to those in the millionaire class he faults.

The potential benefit of Roth IRA conversions occurs when a taxpayer is presently in a lower tax bracket than he or she expects to be in retirement.

Indeed, these more immediate benefits may ultimately prove to be more valuable than the tax deferral obtained from saving for retirement should pressures on fiscally strapped governments result in higher tax rates and reduced retirement benefits in the years ahead.

If your benefits as a spouse are higher than your own retirement benefits, you will get a combination of benefits equaling the higher spouse benefit.

• 35 % of retirees have less than $ 1,000 in savings and investments that could be used for retirement, not counting their primary residence or defined benefits plans such as traditional pensions; 53 % have less than $ 25,000.

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

Tip: You'll only get a retirement benefit based on your ex's wage record if it is a higher benefit amount than you would receive based on your own wage record.

you'll get a smaller monthly benefit, and if you claim later than full retirement age, you'll get a bigger monthly benefit.

According to this year «s retirement confidence survey by the employee benefit research institute, 45 percent of workers have less than $ 25,000 saved, 20 percent have saved between $ 25,000 and just under $ 100,000, 15 percent have $ 100,000 to $ 249,000 in savings and two in 10 report having $ 250,000 or more saved.

The calculation decreases or increases benefits by a fixed percentage for every month you claim early or late, so people with a lower full retirement age will get more in benefits as a percentage of their full retirement benefit if they claim earlier or later than someone with a higher full retirement age.

This strategy may work best if you're younger than full retirement age and you will have a low monthly benefit at FRA compared with that of your deceased spouse.

The survey of 903 adults aged 50 or older, who are either already retired or plan to retire in the next ten years, revealed those who began receiving Social Security income early report a lower average monthly payment ($ 1,190) than those who started at their full retirement age ($ 1,506) and those who delayed benefits until age 70 ($ 1,924).

Other than the compensation referred to above, the perquisites customarily provided by the Company to its named executives, and the retirement, health and welfare benefits the Company generally makes available to its employees, all of which are discussed in this CD&A and included in the compensation tables below, named executives received no other compensation during 2009.

It was a really forward thinking decision at the time - one that other governments didn't follow - as the number of Canadians receiving retirement benefits from the government will more than double between 2003 and 2030.

This is perhaps why less than 50 % of people have even tried to calculate how much money they will need in retirement, according to the retirement confidence survey from the Employee Benefit Research Institute.

For single filers, if that number is greater than $ 25,000, your Social Security retirement benefits may be taxable.

Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms.

In 2016, deferred retirement earns an additional 8 % per year over full retirement age, up to age 70, meaning that if you retire at age 69 in 2016, your benefits will be 24 % higher than those for someone retiring at 66 with the same earnings history.

Less than half of workers have tried to calculate how much money they need for retirement, according to the Employee Benefit Research Institute's retirement confidence survey.

According to a 2011 Pew Research Center poll, more than 40 percent of people aged 18 to 30 believe they will receive no retirement income from Social Security, even though Social Security receipts are estimated to equal about 75 percent of benefits on a sustainable basis under the current regime.5

This assumes they're eligible for retirement benefits and their retirement rate is higher than their rate as a widow, widower, or surviving divorced spouse.

If you are younger than full retirement age and make more than the yearly earnings limit, your earnings may reduce your benefit amount.

Other than the compensation referred to herein, the perquisites provided by the Company to its named executives, and the retirement, health and welfare benefits the Company generally makes available to its employees, all of which are discussed in this CD&A and included in the compensation tables below, named executives received no other compensation during 2010.

If a person receives widow's or widower's benefits, and will qualify for a retirement benefit that's more than their survivors benefit, they can switch to their own retirement benefit as early as age 62 or as late as age 70.

If your earnings for the prior year are higher than one of the years we used to compute your retirement benefit, we will recalculate your benefit amount.

If you were born after 1937, you also can start your Social Security benefits as early as age 62, but your full retirement age is more than 65.

Although most analysis of Social Security benefits assumes that you'll value the money you receive early in retirement only slightly more than the benefits you'll get years down the line, many people expect to get the most out of retirement in the years from 62 to 70.

As the rule is implemented, retirement savers will benefit from receiving genuine advice that's in their best interest rather than advice that is influenced by conflicts of interest.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

If you receive survivors benefits, the additional earnings could help make your retirement benefit higher than your current survivors benefit.

«Women already receive less in earnings and Social Security benefits than men and are more likely to experience poverty, including in retirement.

More than one third of the future Social Security beneficiaries (ages 45 - 64) questioned in a recent AARP ® / Financial Planning Association ® (FPA ®) survey * expect their benefit to make up more than half of their retirement income.

Some experts advise waiting until you reach your full retirement age, because this results in higher payments than with early benefits.

The Social Security Administration says that if you delay receiving your Social Security benefits until you hit 70, your monthly payment will be 32 percent higher than if you had retired at full retirement age.

While you are free to work and receive Social Security retirement benefits, the government will reduce your benefit if you are younger than your full retirement age and end up making more than the yearly earnings limit.

This list reviewed 401 (k) plans, health insurance, phased retirement offerings, defined pension benefits, and internal promotion rates at more than 600 employers to come up with the Top 30.

On the other hand, if your husband delays receipt of benefits until age 70, he earns delayed retirement credits and he locks in a benefit that is 32 % higher than the amount he receives at full retirement age (age 66) and 76 % higher than the benefit he would have received had he started taking benefits at age 62 (Source: Social Security Administration).

However, U.S. ESOP companies are slightly more likely to have secondary retirement plans (even defined benefit plans), than non-ESOP companies are to have even just one plan.

A traditional defined benefit plan is a plan in which the benefit on retirement is determined by a set formula, rather than depending on investment returns.

You'll face a penalty if you continue to work after you claim early retirement benefits and earn more than the yearly earnings limit, which for 2018 is $ 17,040.

More than half of people in a MassMutual survey wrongly thought they could continue working at any age while also collecting full Social Security retirement benefits.

«Those who have saved more than $ 300,000 have clearly made saving for retirement a priority and want a more comfortable lifestyle in retirement than what Social Security benefits will afford them,» Huddleston said.