Sentences with phrase «to pay into»

We also mentioned that no taxable income (or capital gain) is realized for amounts that do not exceed the total amount of premiums paid into the policy.

Any amount of money received that exceeds the total amount of money paid into the policy is considered a gain in the policy and subject to ordinary income tax.

If you live beyond the length of the term, the policy expires and you get nothing for your years of paying into it.

The witness said after the accused were paid, they left with the cash and did not pay it into any account in his branch.

I still am on the fence with the idea of having money tied up for over 10 years before the cash value equals what amount paid into the policy however.

However, this can also be a con if you decide you no longer need a policy you have been paying into for years.

But if schools replace retirees with new teachers, who earn lower salaries and who pay into state pension plans, these additional costs could be absorbed.

This is a benefit that people pay into when they work.

Her «free money» was accepting the social security payments she earned by paying into the system for decades.

Employers pay into worker defined benefit plans, while workers contribute to their own pension under a defined contribution plan.

Many companies already pay into health - care plans for the domestic partners of their employees, whether they are same - sex or or not.

And this shrinking population has its own long - term consequences — a lower tax base, fewer workers paying into the pension system to support retirees, etc..

With mortgage insurance, you'll also pay into a pool to help the lender cover losses and costs if a homeowner defaults on their loan.

However, there are some career options to avoid paying into (or getting paid out of) social security including jobs with religious institutions.

If, on the other hand, employees themselves are compelled to pay into pension scheme, support falls to only 48 %, with 48 % against.

At retirement these policies are approximately double the death benefit because of dividends paid into the policy.

After paying into a policy for many years, the accumulated amount is typically enough to cover the cost and fees of the policy.

Either it pays you who then pays into your pension, or it pays straight into your pension.

If we do not authorize your transaction, it will be declined and will not be paid into overdraft.

We can get paid into these accounts, we can pay out of these accounts and we can also use this money to trade on currency exchanges or stock markets.

As in a 401 (k), the employer provides the plan, and employees pay into it without being taxed on their contributions.

All of these will be paid into escrow accounts, managed by your lending bank, from a single check you send them monthly.

You must convert all foreign income, deductions and foreign tax paid into Australian dollars before you include this in your tax return.

Most people can choose the super fund they want their employer contributions paid into.

Follow - up question, what about paying the rent - would I keep paying into the deceased's account?

The majority of baby boomers are currently paying into the system.

This cash value grows over time as the individual pays into the policy.

Many people question the necessity of life insurance, not wanting to pay into something for their whole lives and not even be around to see the benefit.

Where as if a old person pays into Whole Life it is forever and will never expire!

You should consider opening an account elsewhere to have your wages paid into before negotiating with the bank just in case.

Two of the companies that investors paid into were dissolved in 2014; their Indian directors could not be reached.

You should also consider opening a new bank account which is separate from all your debts to get your income paid into.

And I was paying into retirement before I left my job, so we have lost that as well.

While paying into a life insurance policy, holders are building up tax - deferred cash that they can later borrower against as well.

Even if you're just starting out on your career and have only just started paying into your pension pot, it's important that you consider what it means in the future.

In other words, charter schools pay into the system but their teachers don't receive as much in return.

How about that, someone paying into a system that they use!

This reduces the fees and costs paid into the system and benefits everyone.

Is there some sort of written agreement that the money your parents paid into the house is a loan that will be paid back?

The last two portions of a mortgage payment, taxes and insurance, are typically paid into an escrow account.

Some people make larger than required payments in early years, and they stop paying into the policy after a certain point.

For the first three months of some programs, every penny customers pay into the plan goes to the company.

One strategy to reduce the tax sting is to put some of your take - home pay into tax - free retirement vehicles.

It isn't fair that so many people under pay into the system, and I see the missing funds as forcing foodservice to make up the difference by offering crappy food.

If you change jobs, or have more than one job, you can generally choose to have all your super paid into the one super fund (See Choosing a super fund).

Many, or most, will receive far more in retirement benefits before they die than they actually paid into the system.

Most often, premiums paid into annuities are not tax deductible.

To be eligible you must start a new direct deposit of net pay into your account within 60 days of opening your account.