Definition of a lump sum
WebMeaning of lump sum. What does lump sum mean? Information and translations of lump sum in the most comprehensive dictionary definitions resource on the web. Login . The … WebA lump-sum distribution is the distribution or payment within a single tax year of a plan participant's entire balance from all of the employer's qualified plans of one kind (for …
Definition of a lump sum
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WebLump-Sum Settlement. The payment of an entire debt all at once rather than in installments; the payment of a set amount of money to satisfy a pecuniary obligation that might otherwise continue indefinitely. Lump-sum alimony, for example, is the payment of a large sum of money upon the dissolution of a marriage in order to circumvent the ... WebA lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). The United States Department of Housing and Urban …
WebLump sum. A lump sum is an amount of money you pay or receive all at once rather than in increments over a period of time. For example, you buy an immediate annuity with a … WebA payment is alimony or separate maintenance if all the following requirements are met: The spouses don't file a joint return with each other; The payment is in cash (including checks or money orders); The payment is to or for a spouse or a former spouse made under a divorce or separation instrument; The spouses aren't members of the same ...
WebLUMP SUM meaning: an amount of money that is paid at one time a single sum of money WebDefine lump sum. lump sum synonyms, lump sum pronunciation, lump sum translation, English dictionary definition of lump sum. n. A single sum of money that serves as …
WebApr 4, 2024 · Readers with particularly long memories will recall that last year, the state of Illinois instituted a lump sum cashout program in which, in order to reduce its pension liabilities, it planned to ...
WebDefine lump-sum. lump-sum synonyms, lump-sum pronunciation, lump-sum translation, English dictionary definition of lump-sum. n. A single sum of money that serves as … taken k8ng automatic scoutWebDec 7, 2024 · Lump-Sum Payment: A lump-sum payment is a one-time payment for the value of an asset such as an annuity or another retirement vehicle. A lump-sum payment is usually taken in lieu of recurring ... taken i will find you full quotetaken kwaliteitsfunctionarisWebJun 15, 2024 · You can buy an annuity with either a lump sum or a series of payments contributed over time. Annuities come in three main varieties—fixed, variable, and indexed—each with its own level of risk ... taken legendary warlock bondsWebApr 3, 2024 · A lump sum payment is a large amount of money paid once and in full rather than in smaller payments over time. They often occur with legal settlements, inheritances, lottery winnings, and retirement plans. The purpose of lump sum payments is to streamline the transaction and eliminate the need for additional payments down the road. twitch andy meaningWebA lump-sum tax is one of the various modes used for taxation: income, things owned ( property taxes ), money spent ( sales taxes ), miscellaneous ( excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax. A lump-sum tax would be ideal for a hypothetical world where ... twitch andypyroWebIf you get a lump in your throat when you see hungry people, that's emotional but when you get increase the agricultural yield per acre, that's caring that's love.: Avoir une boule dans la gorge quand on voit des personnes affamées, c'est une émotion, mais quand on augmente le rendement agricole par hectare, c'est du soin, c'est de l'amour.: Show the real video … twitch and wife and kids