Sentences with phrase «withdraw up to the amount»

If your child ends up getting a scholarship, you can withdraw up to the amount of the scholarship.

Debit cards allow consumers to withdraw up to the amount already deposited into a checking account.

If the student earns a scholarship or enrolls in a military academy, you can withdraw up to the amount of the scholarship or the value of the education tax - free.

That means you can withdraw up to the amount you contributed at any time without penalty or taxes.

Not exact matches

The amount you withdraw is determined by your age: If you're 75, you take 5.82 % out each year; if you're, say, 90, the rate shoots up to 11.92 %.

Members may withdraw all or some of their virtual currency, and there is no minimum amount of virtual currency required to maintain your status as a Member (however, as indicated above, you may only trade or sell virtual currency up to the amount shown as belonging to you in the ledger maintained by the Exchange).

Unlike traditional Deposit Bonuses offered by other brokers, investors at Trade Thunder don't have to trade a volume of up to 50 times their bonus amounts before they can withdraw their funds.

A long - standing rule of thumb is that you can safely withdraw 4 percent of your nest egg each year, bumping that amount up by the rate of inflation each year, without having to worry about depleting your savings before you die.

An open - end loan allows a borrower to withdraw, repay and redraw repeatedly up to a certain amount until the end of the term.

This can have a severe negative impact on eligibility for need - based financial aid, reducing aid eligibility by up to half of the amount withdrawn.

In general, whole life policies have two parts — a guaranteed cash value (that you need to cash in the policy to get, or alternatively, get a loan against) or «dividends», which is an amount that has built up over the years that you are able to withdraw without surrendering the policy.

TIPS equations The TIPS Equivalent Safe Withdrawal Rate TESWR is the amount that you would withdraw each year to end up with exactly zero dollars.

If your CD has a term of more than one year up to and including three years, the penalty is equal to 180 days of interest on the amount of principal withdrawn.

If you took a tax deduction for contributions you made to the plan in prior tax years, your distributions are taxable when you withdraw them, up to the amount you previously deducted.

If you make an early withdrawal on CDs with terms of up to 24 months, the penalty is 90 days of simple interest on the amount withdrawn.

The other thing to do is begin to even out the amount in your RRSPs if there's a big disparity — that way when you begin withdrawing from your RRSPs at a standard 4 % withdrawal rate in retirement, the higher earner won't end up with an outsized RRSP and get bumped up into a higher tax bracket, costing the couple lots of money in taxes.

An open - end loan allows a borrower to withdraw, repay and redraw repeatedly up to a certain amount until the end of the term.

The amount you withdraw is determined by your age: If you're 75, you take 5.82 % out each year; if you're, say, 90, the rate shoots up to 11.92 %.

You can withdraw earnings on your cash account free of taxation up to the amount of premiums you have paid into the policy, i.e. your basis.

• For CDs with terms of 90 days up to 12 months, the penalty is an amount equal to 90 days interest on the amount withdrawn;

One of the advantages of a Roth IRA over a traditional IRA is that your child can make certain withdrawals from her Roth IRA before age 59 1/2 without including the amounts as taxable income or having to pay a penalty: for example, she can withdraw any or all of the contributions she makes over the years, or she can withdraw up to $ 10,000 for qualified first - time homebuyer expenses, even if they exceed all of her contributions.

For every $ 1 withdrawn from an RDSP, $ 3 of any CDSGs or CDSBs paid into the plan in the 10 years preceding the withdrawal must be repaid, up to the maximum of the assistance holdback amount — which is generally defined as the total amount of bonds and grants paid into an RDSP within a particular 10 - year period.

In fact, you can only withdraw from the taxable source up to the RMD amounts and take all the rest from Roth, if you want.

If the beneficiary receives a scholarship that covers the cost of qualified expenses, you can withdraw the funds from your account up to the amount of the scholarship without incurring the 10 % federal tax penalty on the earnings portion of the withdrawal, however, the earnings portion will be subject to federal and state income tax.

In a defined contribution plan, the employee assumes all market risk - if the value of the account goes up or down, the amount they can afford to withdraw in retirement will fluctuate accordingly.

With a checking account you can withdraw an unlimited amount of money, up to what you have deposited in the account.

Had DM invested in a Roth IRA he'd be able to withdraw at any time and without penalty up to the total amount he contributed, leaving any capital gains and earnings until retirement age.

Personal overdraft or salary overdraft is a credit provided to individual where one can withdraw any amount up to the sanctioned credit limit.

The amount that is required to be withdrawn at 70 and 1/2 is outlined when you first sign - up for a SEP IRA.

A credit limit is defined and up to that limit you can withdraw as much money as you need as many times as you want provided that you do not exceed the amount limit or the due date.

As long as rules are followed such as not withdrawing money from the account until or after age 59 and one half, earning at the appropriate income level to open the account and contributing up to maximum amounts for respective tax years; account holders can take all of their savings out tax free.

This line of credit allows students to apply once for an amount up to $ 80,000, and to withdraw funds as needed for tuition and expenses.

For instance, if you contributed $ 10,000 to a Roth IRA over the past three years, you could withdraw up to that $ 10,000 amount penalty free.

If you are issued a debit card you will receive a unique PIN which will allow you to withdraw funds from your line of credit up to the amount approved.

The insurer may allow an annuitant to withdraw up to 10 % of the amount held in the account free each year.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

Some brokers offer a bonus for deposits up to a certain amount, meaning that you will have more funds that you can use to trade but won't be able to withdraw.

However, if you have made a contribution to any spousal RRSP in the current or preceding two calendar years, the amount of the withdrawn (up to the amount of your contribution) will be included your income for that year.

Keep in mind most retailers will only allow you to withdraw a certain amount, between $ 20 to $ 50, while some may allow up to a maximum of $ 100 in cash back per transaction.

You must repay the amounts you withdraw over a period of up to 10 years.

I had planned to forgo SEPP 72 (t) distributions during early retirement, due to the strict rules and administrative headaches associated with them, but if I know I'll need to withdraw a set amount from my tax - advantaged accounts every year, it makes sense to set up SEPP because this exercise has shown that it is the most tax - efficient way of accessing retirement - account money early.

Should you wish to withdraw these funds from your trading Account, you will be required to complete and sign a withdrawal form, upon receipt of the completed and signed withdrawal form you will be granted permission by NSFX to withdraw funds up to the amount you initially deposited, provided that the conditions for withdrawals stipulated in clause 9 are satisfied.

An added awesome benefit is that you can withdraw your contribution amount (that $ 5,500 you've been putting in every year) without any penalty at all at any time!!!! That's right, this can work perfectly for those worry - warts that want a cash emergency fund saved up but don't want 0.4 % interest from their bank to hold all of their money.

If your bank doesn't offer the option to set up automatic payments, you may also be able to set up your credit card to automatically withdraw the amount of the bill from your bank.

You can withdraw cash using a UK card up to the daily limit imposed by the Greek banking system (usually $ 600) or the daily limit imposed by your UK card issuer - whichever is the lower amount.

The reason for withdrawing is clear: the huge amounts of money now devoted to all aspects of global warming perversely build up constituencies that have an interest in sustaining the distortions of fact, and in proceeding along a path that makes no sense.

Hitti showed up on November 28 and convinced the landlord to withdraw the proceeding in exchange for him providing a cheque for the full outstanding amount.

One is by just withdrawing cash value, if it is available, up to the basis (amount you paid in premium.)

If you're under the age of 59 1/2, up to once a year you can withdraw cash from your Roth IRA penalty - free if the exact amount withdrawn is returned within 60 calendar days.

This however does not happen with pension plans where you can withdraw up to only one third of the maturity amounts.