Sentences with phrase «upon retirement if»

Money that is payable to you upon retirement if you have enough Social Security credits.

After all, these teachers would qualify for a guaranteed stream of pension income every month upon retirement if they stay just one more year.

Your Social Security payments may go down a bit, but you may also receive less upon retirement if a complex plan to deal with federal tax changes goes through in New York.

Not exact matches

If you will not have enough money in either a traditional IRA or a Roth IRA to support you upon retirement and you're perhaps looking to Social Security to give you that boost, it's possible that you may have to pay taxes on some of your benefits.

Again, using the traditional plans may have greater benefit if you leave your high - taxed state upon retirement.

If you haven't taken the time to draft a living will or outline exactly how you want your retirement funds — and any other financial assets you own — distributed upon your death, there is a risk that your significant other may not see your hard - earned dollars.

If we were going to lean more on personal observations, then why wouldn't we vote on a player immediately upon his retirement?

If your retirement goals are dependent upon finding a high - paying position in your servicemember's preferred career field, things might not be quite as rosy as you've been hoping.

«If you become old, you got ta rely upon your own system of retirement, your self - retirement system and not the Social Security system,» Greenberg says.

If government yields to the said demands, then government will have to acquire another piece of Ga land for the construction of another bungalow for the incumbent upon his retirement; then another acquisition of another Ga land for yet another bungalow for a retiring president.

«And if people are getting lower - quality insurances, older adults are going to be sicker upon retirement.»

A district school board may establish policies to provide for a lump - sum payment for accrued vacation leave to an employee of the district school board upon termination of employment or upon retirement, or to the employee's beneficiary if service is terminated by death.

You can then dip into the portfolio as needed throughout retirement and, if anything is left upon your death, leave to your heirs.

If your marginal tax rate upon retirement is likely to be lower than your current marginal tax rate, it makes sense for most people to contribute as much as possible -LSB-...]

If your marginal tax rate upon retirement is likely to be lower than your current marginal tax rate, it makes sense for most people to contribute as much as possible to an RRSP.

And even better if I'm at the 15 % or lower tax bracket in retirement (upon withdrawal) as the capital gains tax rate is 0 % in those brackets.

What happens if you decide to leave Canada upon retirement?

If your nest egg upon retirement is equal to 12 times that income, or $ 1.2 million, you could reasonably withdraw $ 48,000 in the first year of retirement, assuming a 4 % portfolio withdrawal rate.

But if you find someone with a ready ear — or happen upon a conversation about retirement planning during a coffee break or informal chat — here are some ways you might help.

If you plan to work a side hustle or drop to part - time upon «early retirement,» then the 100 percent stock allocation makes sense.

If that same 25 year old young saver invests $ 4000 a year into a regular taxable savings account earning 8 % interest, he would grow a nest egg of $ 800,000 upon retirement (at the age of 65)-- assuming a 15 % tax rate.

If you were to liquidate all your investments upon reaching retirement and spend 4 % plus inflation each year, you may run out of money prematurely.

If, for instance, you were working under the assumption that retirement couldn't begin until your mid-60s, reviewing your portfolio may alleviate some unnecessary stress — particularly if retirement is suddenly foisted upon yoIf, for instance, you were working under the assumption that retirement couldn't begin until your mid-60s, reviewing your portfolio may alleviate some unnecessary stress — particularly if retirement is suddenly foisted upon yoif retirement is suddenly foisted upon you.

Distributions from private, employer - funded pension plans received upon retirement are partially taxed by the state if the employee contributed to the pension plan.

If you are fortunate enough to have worked for a company that provided a pension upon retirement, then that is a transfer of risk payment as well.

That can help you save on taxes if you expect to be in a lower tax bracket upon retirement.

States across the country are wrestling with the question of whether a mandatory retirement age should be imposed upon judges, and if so, what that age should be.

Justice Binnie's retirement will take effect upon the same date or, if there is a delay in the nomination process, so soon thereafter as his replacement is appointed.

A supplemental executive retirement plan (sample) is a deferred compensation agreement between the company and the key executive whereby the company agrees to provide supplemental retirement income to the executive and his family if certain pre-agreed upon conditions are met by the executive.

Upon retirement, if you have carried Option B insurance and are eligible to maintain it, you must make an election whether or not wish to have these amounts reduce or to have no reduction in life insurance benefits.

Upon retirement or if the plan were terminated there are several options in regards to the life insurance policy in the plan.

If you delay, you are likely to encroach upon important investments like your retirement savings.

An agreement made for the transfer of business ownership to the remaining owners (if any) upon the death or retirement of an owner.

How Face Amount and Cash Value Work Together If the policy holder wish to have more money for his family upon his retirement then it would be more profitable if there are additional riders that are attached in the cash value accounIf the policy holder wish to have more money for his family upon his retirement then it would be more profitable if there are additional riders that are attached in the cash value accounif there are additional riders that are attached in the cash value account.

If you are leaving the military after several tours or upon retirement, do recognize this transition will take lots of preparation and time.

If the home is being acquired by one spouse who plans to live there for several years and is not ever likely to incur a capital gains tax upon a future sale, he / she takes all the equity in the home tax - free, both present and future - acquired, while the other spouse takes a retirement asset which he / she will have to eventually pay taxes on.

In making an equitable apportionment of marital property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse, and the opportunity for future acquisition of capital assets; (5) the health, both physical and emotional, of each spouse; (6) either spouse's need for additional training or education in order to achieve that spouse's income potential; (7) the non marital property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence and extent of any prior support obligations; (13) liens and any other encumbrances upon the marital property and any other existing debts; (14) child custody arrangements and obligations at the time of the entry of the order; and (15) such other relevant factors as the trial court shall expressly enumerate in its order.

If you are interested in working as a consultant for your association upon retirement, talk with your leadership about serving in this capacity.

If you do well and make a 60 % annual retrun from flipping inside the iRA, know that a large chunk of that will be taken away via UBIT cutting your annual returns down, then upon withdrawal at retirement, you get taxed again.

If you want to free income upon retirement, then the Roth is the better choice.