Sentences with phrase «use by the beneficiary»

(iii) expenses paid or incurred in 2009 or 2010 for the purchase of any computer technology or equipment (as defined in section 170 (e)(6)(F)(i)-RRB- or Internet access and related services, if such technology, equipment, or services are to be used by the beneficiary and the beneficiary's family during any of the years the beneficiary is enrolled at an eligible educational institution.
The purchase of computer technology, equipment, or Internet access and related services is a qualified elementary and secondary education expense if it is to be used by the beneficiary and the beneficiary's family during any of the years the beneficiary is in elementary or secondary school.
Therefore, all of the funds that are received are available for use by the beneficiary for paying funeral costs and other related expenses.
All of the proceeds from a burial insurance policy can be used by the beneficiary, too, because life insurance proceeds are free of income taxation to the recipient.
Typically, these funds are used to cover funeral expenses, debts, mortgage or replace lost income of the insured party; however, the death benefit can be used by beneficiaries in any way they choose.
It's important to note that the death benefit can be used by beneficiaries in any way they choose.
The proceeds that are received from life insurance coverage can be used by the beneficiary (or the beneficiaries) for just about any need that he or she sees fit.
The benefits that the burial insurance offers can be used by the beneficiaries after a claim is filed.
The excess death benefit can be used by the beneficiary for other needs and expenses at their discretion.
Unlike some mortgage life insurance policies, a term life insurance policy can be used by your beneficiaries however they wish — whether to pay off the home loan or for other purposes.
Term Life is generally used to provide your beneficiaries with a certain amount of money, determined by you, to be used by your beneficiaries as they see fit upon your death.
The proceeds for your life insurance policy can be used by your beneficiary for any reason, including paying for their own living expenses.

Not exact matches

Or if there is excess money in the account after paying for one child, you can use the rest for another by changing the beneficiary.
The RSC budget make Social Security sustainably solvent by implementing a slightly modified version of Representative Sam Johnson's (R - TX) «Social Security Reform Act,» which would slow initial benefit growth for higher earners, gradually raise the normal retirement age to 70, and eliminate annual cost - of - living adjustments for higher earners while using the more accurate chained Consumer Price Index (CPI)(currently used for the tax code) for other beneficiaries.
Account must be used by the time the beneficiary is 30 years old (unless special needs).
Likewise, non-spouse individual beneficiaries can withdraw the entire account balance by the end of the fifth year following the account owner's death, if the account owner died before the required beginning date, or calculate RMDs using the distribution period from the IRS's Single Life Table.
Parents can establish a 529 plan even before the baby is born by using their Social Security number and naming the child as a beneficiary at a later date.
The Oregon study's finding that expanding Medicaid had a statistically insignificant impact on the health of beneficiaries could be used by many Republican politicians as an excuse to ignore health care policy beyond making some gestures in the direction of repealing Obamacare.
I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISby the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISBY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.
«Aside from that, both principal and subject teachers should be enjoined to ensure that they give the desired guidance to the students on the proper use of Opon Imo in the sense that whoever for any reason among the beneficiaries (students) misapply its uses, it will attract N50, 000 fine and this is backup by legislation of the Osun State House of Assembly.
Plus, as usual, districts used every tax - funded promotional device at their disposal to urge a «yes» vote — supported by a heavy barrage of advertising funded by the chief organizational beneficiary of school spending, the New York State United Teachers union.
State - by - state Medicare beneficiary data available from the U.S. Centers for Disease Control and Prevention was used to track coronary heart disease hospitalizations.
An actuarial cost - benefit analysis by Milliman, Inc., published in the August issue of American Health and Drug Benefits, shows that use of United States Preventive Services Task Force (USPSTF) lung cancer screening recommendations in high - risk Medicare beneficiaries is cost effective.
The papers «Emergency Department and Inpatient Hospital Use by Medicare Beneficiaries in Patient - Centered Medical Homes» and «Changes in Emergency Department Use Among Young Adults After the ACA's Dependent Coverage Provision,» along with an accompanying editorial («Patient - Centered Medical Homes May Reduce ED Use: What Does this Tell Us?»)
Using a national sample of hospitalized Medicare beneficiaries, we found that patients who receive care from female general internists have lower 30 - day mortality and readmission rates than do patients cared for by male internists.
You, and in the event of your death, your family, dependents, heirs, assignees or any other beneficiaries of your estate, indemnify and hold us and our affiliates harmless against any claim by you, or your partner (if applicable), (whether direct, indirect, incidental, punitive or consequential) of any nature, whether arising from negligence or any other cause, relating to any injury, loss, liability, expense and / or damage which you may suffer, howsoever arising, in relation to your entry into this competition and / or acceptance and / or use by you of a prize.
High school and college students could be big beneficiaries of mobile technology by using e-readers and smartphones to access electronic textbooks and other course materials.
These account types can not be accessed by the beneficiary until the age of 18 or 21, but he or she can decide how the money is used, whether for school, a new car or to travel the world.
* to administer the RESP and invest its assets for the benefit of the beneficiary (ies) until the beneficiary (ies) are eligible for Educational Assistance Payments (EAPs); * to add or change a beneficiary as the trustee considers appropriate and if allowed by law; * to direct EAPs and to use refunds of contributions to assist financially with the post-secondary education of an eligible RESP beneficiary, at the times, in the amounts, and in the manner that the trustee considers appropriate; * to maximize use of CESGs when making EAPs; * to wind up the trust when all RESP assets are depleted or, if there are remaining assets, to only wind up the trust when: * the post-secondary education of the RESP beneficiary (ies) is complete; * the maximum life of the plan, as specified by law, has been reached; or * all the RESP beneficiaries have died; and:
You want to leave enough for your beneficiaries to continue paying off your loans, especially if those loans are secured by collateral your dependents need to continue using.
Since the retirement plan is the beneficiary, the accumulated value will be paid to the trustee (s) of the retirement plan, which will use the proceeds as required by the terms of the trust document.
The death benefit to be received by the trust beneficiaries may be used to cover estate taxes OR PROVIDE FUNDS for business continuity succession planning AS A KEY PART OF family business succession planning.
Final expense insurance can often be used for other necessary or related costs as determined by your beneficiary.
Computers, peripheral equipment, educational software, and internet access and related services when used primarily by the beneficiary while enrolled at an eligible educational institution.
While the 529 plan will eventually be used by a student (the «beneficiary» of the plan), you'll stay in control of the account.
You may have heard about people using a withdrawal and re-contribution strategy with their super after they retire as a way of minimising any future tax payable by non-dependant beneficiaries after they die.
Digital Realty is a direct beneficiary of the rapidly growing use of data by businesses and consumers alike.
Money must be used by the time the beneficiary is age 30 or the earnings will be taxed as ordinary income plus a 10 % penalty.
While paid - up additions increase the death benefit received by your beneficiaries, they are often used primarily to increase a policy's cash value.
A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much they will receive).
For example, by making your spouse the beneficiary, they can decide whether to use the death benefit to pay the mortgage (and continue living in the house) or for a more pressing expense.
When used, the disclaimer passes property to the next person eligible to receive it; it can not be disclaimed to someone identified by the beneficiary.
If the 45 - year - old investor used in previous examples died at age 85 and bequeathed the $ 366,000 accumulated in the Roth IRA to a 55 - year - old child beneficiary, the total Roth IRA benefit could be more than $ 1 million by the time this beneficiary reached 75 (assuming only required minimum distributions were taken from the account and using the same return assumptions noted in Table 1).
Since Ethyl had wisely designated the three boys specifically by name as beneficiaries, each one could draw out the Required Minimum Distributions using their own ages after setting up individual inherited IRAs for each.
Use this form to designate an individual other than the Beneficiary to assume all rights and responsibilities of an Account in the event of your death, legal incompetence, or if you can not be located by CollegeInvest.
If business continuity succession planning is required, then liquidity is also the objective, even if the estate tax is NOT an issue, because the life insurance proceeds may be used to finance the purchase of the business from the estate by a beneficiary OR a third party.
If an estate is larger and therefore vulnerable to federal or state estate tax exposure, an irrevocable trust may be used to provide liquidity for the estate without being subject to estate taxes by owning the policy and being designated as the beneficiary upon the death of the insured.
By accelerating use of the annual gift tax exclusion, a grandparent — as well as anyone, for that matter — could elect to use five years» worth of annual exclusions by making a single contribution of as much as $ 75,000 per beneficiary in 2018 (or a couple could contribute $ 150,000 in 2018), as long as no other contributions are made for that beneficiary for five yearBy accelerating use of the annual gift tax exclusion, a grandparent — as well as anyone, for that matter — could elect to use five years» worth of annual exclusions by making a single contribution of as much as $ 75,000 per beneficiary in 2018 (or a couple could contribute $ 150,000 in 2018), as long as no other contributions are made for that beneficiary for five yearby making a single contribution of as much as $ 75,000 per beneficiary in 2018 (or a couple could contribute $ 150,000 in 2018), as long as no other contributions are made for that beneficiary for five years.
These items must be used by the plan beneficiary while enrolled in college.
It is enforceable in court if the trustee fails to abide by its terms unlike a bequest to an individual for the care of your pet, which is not enforceable if the beneficiary does not use it as intended.
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