Sentences with phrase «time lump sum deposit»

Funding the Plan This type of LTC / life plan typically requires a one - time lump sum deposit amount rather than the traditional monthly or systematic premium payments.

Not exact matches

Recurring contributions: Users can fund their M1 Finance portfolios in lump sums, or over time with recurring deposits.

Regardless of whether it's a lump sum or monthly deposits, the power of compounding needs time to work.

Currently, you can do so through automatic, recurring deposits and through lump sum, one - time payments, just like with the regular Acorns portfolios.

Instead of opting for a single lump - sum deposit into one CD with a shorter term and rolling it over each time, laddering your CDs can give you access to some of your funds at 12 months and then more at 24 months.

When you buy an annuity, you deposit a lump sum of money, and the insurance company agrees to pay you a guaranteed income for a set period of time — or for the rest of your life.

An immediate annuity will, in return for a lump sum deposit, start providing an income stream right away (or within a very short period of time).

You accumulate the principal for your deferred variable annuity over a period of time by depositing money into the plan at intervals or in one lump sum.

An immediate annuity provides income to the purchaser that starts as soon as they deposit a lump sum and the payments last for the lifetime of the purchaser or for the lifetime of the purchaser and his or her spouse (or joint annuitant) or for some set amount of time (5, 10, 20 years).