Sentences with phrase «value as a lump sum»

However, the insured will have an option to commute up to a maximum of one - third of the accumulated value as lump sum at the time of vesting.

You'll pay the premium for the rest of your life, unless you decide to cash in and receive the cash value as a lump sum.

On maturity, you can take the fund value as a lump sum or stagger it up to 5 years.

A unit - linked, retirement solution which offers you an option to get part of your fund value as a lump sum amount at your chosen retirement age and rest of the fund value as an annuity for regular inc...

A unit - linked, retirement solution which offers you an option to get part of your fund value as a lump sum amount at your chosen retirement age and rest of the fund value as an annuity for regular income post retirement.

Not exact matches

The value of the vested Account balance in the Cash Balance Plan is payable to the team member at any time after termination of employment in either a lump sum or an actuarially equivalent monthly annuity as provided under the Cash Balance Plan and as elected by the team member.

These securities are known as Original Issue Discount (OID) bonds, since the difference between the discounted price at issuance and the face value at maturity represents the total interest paid in one lump sum.

This calculator is also referred to as a future value of lump sum calculator or retirement annuity calculator.

Note: Welfare is measured as equivalent variation — the lump - sum payment to households to leave them as well off without the TPP as with it; values are in Canadian dollars (millions) at 2017 prices.

The withdrawal base is used solely for income calculation and is not accessible as a lump sum value.

Aside from the obvious value of receiving a large amount of cash as a lump sum, there are some risks with choosing an annuity to receive the death benefit.

What if I die while receiving my payments?If you die while still receiving your payments through a non-life only option, your beneficiaries will have the choice of either receiving the remaining payments left on your payment schedule, or elect to receive the remaining account value as a commuted lump sum.

If you die while still receiving your payments through a non-life only option, your beneficiaries will have the choice of either receiving the remaining payments left on your payment schedule, or elect to receive the remaining account value as a commuted lump sum.

As a bit of review, the federal estate tax, is also coined the the «death tax» by opponents, and is a lump sum tax based upon the value of your gross estate upon death.

While a HELOC gives you the flexibility of tapping your home's value in just the amount you need as you need it, a home equity loan provides a lump - sum withdrawal.

No more lapses As the policy premium is single and is paid up in a lump sum, therefore, you do not have to stress over policy getting lapsed in a case of premium non-payment hence, making the policy valid for the entire policy term, which creates a good cash value while you render policy benefits in the end.

If your home appreciates, you will pay Point back the lump sum you were given as well as a certain percentage of the home's current value.

Regardless, it's not uncommon to be given a choice between taking a lump - sum payment in lieu of your future monthly pension (known as a commuted value) or otherwise taking your calculated monthly pension payment in retirement.

However, even though defined benefits are expressed as monthly income, they have a present value, which is simply the stream of their expected future cash flows expressed as a discounted lump sum.

You can elect to withdraw the assets as a lump sum and be taxed on the entire value of the fund or you can set up a minimum distribution schedule based on your life expectancy.

The loan amount depends on your age, the value of the home and how it is withdrawn (lump sum, regular payments or draw down as needed).

Instead of receiving the entire value of the equity in one lump sum, however, a HELOC works more like a credit card with total equity as the credit limit.

It's not entirely clear what you're asking... If you're talking about an Excel Formula for getting both of those, then: = PV (Rate, NPER, PMT, Future Value) = PMT (Rate, NPER, Present Value, Future Value) For the lump sum investment, you would put the final value you need in as «present value», and the Payment wouldValue) = PMT (Rate, NPER, Present Value, Future Value) For the lump sum investment, you would put the final value you need in as «present value», and the Payment wouldValue, Future Value) For the lump sum investment, you would put the final value you need in as «present value», and the Payment wouldValue) For the lump sum investment, you would put the final value you need in as «present value», and the Payment wouldvalue you need in as «present value», and the Payment wouldvalue», and the Payment would = 0.

The change in your accrued benefit by month will obviously have some impact on the lump sum value, but not as much as the change in interest rates if there is one.

The personal financial data required may include annual income, current values of and annual additions to investment assets, anticipated retirement expenses, and expected values of future assets such as lump sum distributions from pensions or inheritances.

When a CD reaches its maturity, you can take the CD's lump - sum value in cash, renew the CD for the same or different maturity period, or examine other investment alternatives (such as a deferred fixed annuity).

So why don't lenders offer a true reverse mortage which would compute and lend a stream of payments (at interest of course, but hopefully a rate reflective of the low risk given the high property value / loan ratio) rather than a useless lump sum which has seniors paying pretty high mortgage interest rates on a large amount of loan, rather than a interest on the (rising) amount of loan as the stream of payments accumulated.

If the total value of your retirement phase interests exceeds the transfer balance cap and you only have a death benefit income stream, you can commute the excess as a lump sum.

When you own a home you can enjoy the value of your investment without selling it, by either continuing to live in it after you've paid off the mortgage (at which point you have no more mortgage payments), and optionally getting a reverse mortgage at any time after age 62, which allows you to extract cash value from your home in either a lump - sum or as monthly payments, and which you won't have to pay back as long as you live in the home.

If the settlement provides for the payment of a lump sum in an amount offered by the insurer and, with respect to a benefit under the Statutory Accident Benefits Schedule that is not a lump sum benefit, the settlement contains a restriction on the insured person's right to mediate, litigate, arbitrate, appeal or apply to vary an order as provided in section 280 to 284 of the Act, a statement of the insurer's estimate of the commuted value of the benefit and an explanation of hoe the insurer determined the commuted value.

A decrease in the value of assets will also not constitute a Barder event, as illustrated by Horne v Horne [2009] EWCA Civ 487, [2009] All ER (D) 118 (Jul) in which the husband was to retain the family business and the wife was to retain the matrimonial home and a lump sum of # 180,000, payable by instalments.

Termination pay is usually a lump sum that is calculated based on the terminated employee's regular wages for a given number of weeks, plus the value of employment benefits such as vacation pay and continued benefits contributions, etc..

Their premiums are often lump - sum payments and significantly higher, especially early in, than that of a term life policy, but because once the investment has been made, it is made, they can be used as security for loans and leveraged in a variety of ways to free up liquid capital, and their cash value is tax deferred.

Tax benefits can be availed on premiums paid — investors can receive up to 1 / 3rd of the accumulated value on retirement date as a tax - free lump sum as per prevailing income tax laws

For Pension Plans or Retirement Plans, the vesting date is the Maturity date on which the policy holder can take 1/3 of the Maturity value as a cash lump sum and remaining should be used for purchasing Annuities / policyholder can also use 100 % of maturity value for purchasing Annuities.

If you die a day, a week, a month or six years after the policy goes into effect, the benefits / cash value would be payable as a lump sum to the beneficiary named on the policy.

You are also allowed to take a lump sum as a policy loan against the cash value of your policy.

In some cases, policyholders have a choice as to how the benefits are paid; they may receive either a lump - sum or periodic payments, depending upon the type of claim and benefit, but they are still entitled to any remaining cash value and death benefit in the policy.

The nominee has the option at the time of claim settlement to take lump sum Death Benefits as the discounted value of outstanding instalments.

The fund value inclusive of top - up fund value is paid as maturity benefit to the policyholder who can take it as a lump sum or as instalments through the Settlement option.

On maturity, the Fund Value is payable which can be taken as a lump sum or availed in instalments over a period of 5 years post maturity under the Settlement Option feature

These policies are combination long - term care life insurance contracts that provide you with many benefits, such as a guaranteed lump sum death benefit, guaranteed long - term care benefit, cash value growth and potential return of premium.

An accelerated death benefit generally allows between 25 % and 95 % of the policy's face value to be paid out early, and may be collected as either a lump sum payment or increments to provide income and cover medical costs.

Turns out, it depends on HOW your beneficiary receives the death benefit (as a lump - sum or as an annuity) and the value of your estate.

Alternatively, the policyholder has the option to take the discounted value, calculated at 9 % p.a, of outstanding future survival benefits as lump sum.

In the event a person lives to the policy's maturity date, the policy pays the cash value amount in a lump sum as an endowment to the insured.

Let us understand the plan with the example of Mr. Ram Life Assured - Mr. Ram aged 35 years Plan Purchased - HDFC Life ProGrowth Plus (extra life option) Policy Term - 30 years Annual Premium - Rs 30,000 Sum Assured - Rs 7,00,000 Scenario A - Maturity Benefit: In case of his survival till maturity of the policy, the Total Fund Value as prevailing on the date of maturity is payable as a lump sum.

The Commuted Value is calculated by using a discount rate of 5.7 % per annum from the date of receipt of the request for opting commutation and it is paid as a lump sum amount to the policyholder or nominee.

Cash value is composed of a fraction of your premiums that have been invested by the insurance company into financial undertakings that can be given back to you when you withdraw it for some other purpose or, in case of whole life insurance, as a lump sum when you opt to cash in on your policy.

In the event of death of the life insured during the policy term, the Death Benefit as a lump sum is payable to the nominee, which is higher of the sum assured or single premium fund value Plus higher of top - up premium sum assured or top - up premium fund value, if any.