Sentence examples for pension distribution from inspiring English sources
So this would be advantageous where the couple wants to make a charitable gift" of a lump sum pension distribution.
Suppose a taxpayer has a new wrinkle on her return this year -- a real estate investment, for example, or a pension distribution.
The result was that Mr. Grasso, who is now 57, would be owed at least $122 million if he retired at 60 and took a lump-sum pension distribution.
I went to a philosophy conference at Nuffield College in Oxford recently, at which questions of ageing were being addressed, with special reference to public policy on pension distribution and intergenerational justice.
Price Waterhouse prepared an example involving a 65-year-old retiree and his 60-year-old wife: if they choose an I.R.A. rollover for a $100,000 pension distribution in 1988, they will have collected $729,713 when withdrawals end 28 years later - assuming they take minimum withdrawals based on their joint life expectancies and invest the funds at 10percentt.
For example, if the death benefits are $500,000 and the net cash values are $200,000, $300,000 is not subject to income taxes, and $200,000 is taxable as a pension distribution.
The company said it paid out $10 million to $11 million in suspicious pension distributions.
That disaster prompted Congress to regulate pension distributions more closely, barring lump-sum withdrawals unless a pension fund had liquid assets of at least three times the prior year's payouts.
I.R.A.'s might also be appropriate for rollovers of corporate pension distributions, since the new law limits the benefits of taking a lump-sum by substituting five-year forward averaging for 10-year averaging.
IRA owners The 1997 law also repealed the 15% surtax on large pension distributions.
In a filing with the U.S. Securities and Exchange Commission, Delta explained the loss, which will include a noncash asset impairment charge of roughly $40 million from its agreement to sell eight MD-11 aircraft, and a $14 million noncash settlement charge for lump-sum pension distributions to retiring pilots.
