The balance is subsequently paid in monthly or
yearly payouts for a period of 15 years.
You can choose
a yearly payout for larger expenses that you need to pay such as tax, travel, home repainting or repair.
Not exact matches
[112] The company began to offer a dividend on January 16, 2003, starting at eight cents per share
for the fiscal year followed by a dividend of sixteen cents per share the subsequent year, switching from
yearly to quarterly dividends in 2005 with eight cents a share per quarter and a special one - time
payout of three dollars per share
for the second quarter of the fiscal year.
Under the city's current disability rules, that makes him eligible
for a
yearly disability
payout of 50 percent of his salary,
for a total of approximately $ 21,000.
In our example, Patricia could buy a $ 300,000 annuity at age 65 and generate a
yearly payout of $ 15,040
for life, based on a recent quote provided by Cannex Financial Exchanges Ltd. (This particular annuity includes annual
payout increases of 2 % designed to compensate
for inflation and a 10 - year guarantee period.)
Like Max's plan, Kotak's plan also has the option called «Recurring
payout» wherein part of the claim is paid on policy holder's death and a fixed monthly /
yearly amount is paid
for next 15 years to the nominee.
I am looking forward to them continuing to increase their dividend
payout as they have done
for the last 12 years to add to my
yearly income.
Like Max's plan, Kotak's plan also has the option called «Recurring
payout» wherein part of the claim is paid on policy holder's death and a fixed monthly /
yearly amount is paid
for next 15 years to the nominee.
Monthly
payouts that multiply at a pre-specified rate
yearly for a particular number of years — at a fixed percentage or depending upon the rate of inflation.
This type of
payout option allows the nominees to receive the portion of claim benefit as a lump sum and the remaining amount as installments in the form of a monthly or
yearly income
for a specified period of time depending upon the plan conditions.
A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of
yearly, half
yearly, quarterly, monthly
payout options)
for life with a guarantee of return of full purchase price in case of death of policy holder.