Sentences with phrase «with higher income»

The court sometimes tells the person with the higher income to make regular maintenance payments to help with the other person's living costs.
If your divorce is settled with permanent alimony, the spouse with the higher income will have to pay alimony to the spouse with a lower income until the spouse receiving the payments dies or remarries.
These beneficial interests include better schools, a better job with higher income for the relocating parent, or emotional benefits such as living close to other family members.
Child support is an obligation of both parents, so sometimes the mother in this situation will pay child support to the father for the child he has, and vice-versa, or the respective support obligations are offset with the higher income - earning spouse simply paying the difference of the parties» respective support obligations to the lesser - earning spouse.
For example, if you are the partner who makes a higher income, find ways to support equality in helping your partner see the value in the work they do, or in helping them find employment with a higher income.
A father with a higher income than the mother would then be responsible for the greater portion of his child's support obligation; however, a father with a lower income than the mother would then be responsible for the smaller portion of the child support obligation.
Spousal support (officially called maintenance in New York, but sometimes referred to as alimony) is the financial support an ex-spouse with a lower income receives from an ex-spouse with a higher income.
This certificate may help you get more job opportunities with higher income as employers know you have proven your expertise by taking this exam, which cost $ 105.
People have always recognized that term policies are essential for people with higher income brackets.
Because the two incomes are averaged together, the partner with the higher income will be brought down into a lower income bracket, while the partner with the lower income will be pulled up into the higher income bracket.
The maximum child credit is increased to $ 2000 per qualifying child (up to $ 1400 refundable) with higher income limits to qualify
It is paid by the party with the higher income to the party who has less or no income.
You'll either end up with a higher income later or acheive financial freedom sooner - or both!
The second study was also skewed to consumers with higher income households (with 34 % having incomes over $ 100,000) and college graduates (66 %).44
However, I am proudly a techno retarded blogger who couldn't manage to pay off his debts with a higher income.
The OAS benefit provides as much as $ 540.20 monthly to Canadians 65 and older, with higher income seniors getting less.
It seems obvious, but lenders prefer taking on a student loan borrower, or a cosigner, with a higher income so that the debtor has the resources to repay the loan.
For business owners with higher income levels, SEP IRAs and 401 (k) s may prove insufficient to help these clients reduce their taxable income to take advantage of the QBI deduction.
Compare that with the higher income you could be making in a few decades, and paying taxes now might look like a good deal.
And with a higher income, their monthly surplus income payments in a bankruptcy would strangle their monthly cash flow.
What may seem unfair here or even ironic is that in some cases, an individual with a lot of assets, such as an expensive home or retirement investments may actually qualify for more aid than someone with fewer assets to their name but with a higher income.
Not only will you be able to handle your monthly payments better with a higher income, but you are much more likely to be approved for a refinancing loan at a lower interest rate.
These changes coupled with a higher income can put you over the top for your down payment.
I have read that SM applies primarily to people with a higher income and established equity, so I am unsure if SM would benefit me at this time or if I should wait till I am again employed full - time.
«Those with a higher income may not get quite as much benefit, but they will still get something,» Becker says.
Term life insurance is often the best type of life insurance for families, but whole life can be beneficial for individuals with a higher income and have maxed out retirement plans.
We also recommend Best Egg for consumers with higher income as you can borrow more at better rates, with the more income you demonstrate that you have.
The person with the higher income is usually considered as the main borrower.
But over time, the 529 has become disproportionately popular with higher income households, who often use these plans to save on taxes.
Higher interest rates also mean bond investors will eventually be rewarded with higher income.
The spouse with the higher income contributes to them and when the spouse with the lower income withdraws the money, it's taxed at a lower marginal rate.
You can set up a spousal RRSP in the name of the spouse with the lower income, and the spouse with the higher income can contribute to it.
A progressive tax system is where the tax rates increase with higher income levels.
We are also balancing income now with higher income later.
Many erroneously believe that people with higher income have better chances of approval.
If one couple has a high income earner and a lower income earner, the person with the higher income will pay taxes at a higher marginal rate than the lower income earner.
Mortgage interest on a primary residence is tax deductible on Schedule A. Borrowers with higher income often save the most.
Public library patrons are generally younger adults, those with higher income and education levels, and those who are internet users.
It also reported that households with higher income levels and adults with higher educational levels were more likely to own either or both of those devices.
She shows that in fourteen different countries student achievement is higher if a student comes from a family with higher income.
The percentage of low - income students and English Learners meeting the standards increased, but these increases were not at fast enough rates to close substantial achievement gaps with higher income students who are fluent in English.
The researchers found that lower income populations consistently had lower rates of living donation compared with higher income populations.
Building a new casino on American Indian tribal land, or expanding an existing one, coincides with higher income and slightly lower rates of being overweight or obese in Native American children living nearby, researchers report in the March 5 JAMA.
These factors were also all associated with higher income at the 50 - year mark.
Participation in the meals program drops sharply with higher income and family education level.)
Breastfeeding is associated with higher income in adult life.
A bonus for retirees: The money you withdraw from a TFSA isn't considered income, so retirees can take money out without it affecting retirement benefits like Old Age Security, which decreases with higher income.
When the percentage is compared with similar companies within an industry, investors can assess those with higher income growth rates over a historical period, and gain a better idea of how profitable a company could be over time.
Term life insurance is often the best type of life insurance for families, but whole life can be beneficial for individuals with a higher income and have maxed out retirement plans.
Strives to provide a growing dividend — with higher income distributions every quarter if possible — together with a current yield that exceeds that paid by U.S. stocks in general.
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