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The required initial amount you pay before your receive insurance benefits is called the?
its called the deductible. ask an insurance company about it.
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When a person dies and you are a beneficiary of their estate what amount can you receive before you have to pay taxes?
Answer THE AMOUNT "EXEMPT FROM INHERITANCE TAXES" VARIES FROM STATE TO STATE. CHECK OUT FINDLAW.COM AND LOOK FOR PROBATE CODES FOR YOUR PARTICULAR STATE. …REMEMBER, THOUGH, ALTHOUGH THE PROPERTY OR MONIES INHERITED ARE STILL SUBJECT TO "INCOME" TAXES....THIS IS IMPORTANT. IF YOU FAIL TO FILE INCOME TAXES ON THE INHERITANCE, THE PENALTIES ARE EXCRUCIATINGLY PAINFUL, BOTH AT THE STATE AND FEDERAL LEVELS.
Probably 30 days. After that, the Insurance Company will probably pay interest on the $$$.
Unemployment Payments and the Law Each state pays its unemployed workers from the pool of unemployment taxes it collected from employers, based on their number of employees an…d their turnover history. The formulae is different for each state. According to the Related Links below the state collects payroll taxes from employers, based on their turnover rate. This became a law under the Federal Social Security Act and is administered by the individual states. The only time employers pay employees directly is when the employer has an agreement to do so by the state that collects the taxes from them, in order to opt out of paying the tax. The employer does not receive a bill for payments made, but the state does adjust his tax rate based on his turn over experience. The taxes collected pays for both operational costs as well as benefit payments. Who pays for unemployment benefits? Each state has its own unemployment insurance law and operates its own program. As usual, they may do things a little different down Texas Way. The state issues you the check from its account, So in that since it appears that the state pays you the benefit check, But then the employer is actually the one who funds that state account for that disbursement. So in actuality, the employer is still paying it. In Fact, Unemployment commission employees here will not even call it "Unemployment Insurance" anymore because it is in effect not insurance, They use the term "Unemployment Compensation" instead, or at least when talking to the employer. Here, your former employer pays 100% of the Unemployment Tax as well as any unemployment compensation disbursements you receive. Your unemployment disbursement will come from the states account. But, in Texas, the employer or the employers Payroll processor "Does" get billed, (actually the department calls it an assessment) for every payment made during a recipients benefit term. This is in addition to employer contributions for current active payroll. the assessment ends generally one month after the associated former employees benefits expire and the assessment is met. The amount of this additional monthly assesment is equivelant to the recipients monthly compensation. Turn over is not a factor here because each employer is responsible for his own. So Basically the employer reimburses any funds disbursed by the state through assessment. This of course can be administered differently by other states. Each state levies payroll taxes on it's employers. The employees are not charged for this. The state collects the unemployment funds from the employers through an unemployment tax based on the business "Actuall Payroll". it has nothing to do with a turnover rate. The state, in turn, pays the benefits to the out of work person if s/he qualifies with the state's regulations. Answer The employer pays into a state fund (SUI) and a federal fund (FUTA). Below is a link explaining how it works in Arizona. It generally works the same way in other states.
A lot of it depends on the type of plan it's coming from...something like a 401k, deferred on the way in, is always taxable, (at a ratio) on the way out. Most of th…ese types of incomes are taxable, and earnings over $600 a year must require filing...but your unlikely to pay any tax on income much below 15K...because of exemptions and such anyway. Filing and paying being different...and to be sure you get any and all future benefits, like economic stimulus payments, you should always file even if you don't hae to. (Common sense too: The IRS wouldn't say you don't have to file unless it was godd for them...not that it's good for you!)
If you receive ie 255 a week unemployment insurance will that amount be reduced because you receive Social Security benefits?
No, Social Security benefits will not reduce unemployment compensation. They are 2 different programs and do not affect each other.
If the secondary insurance has a higher allowed amount than the primary insurance is the secondary required to pay the higher amount?
I need more details in order to answer this question.
The amount you pay each month for your insurance is called the premium. Premium can be paid monthly, every six months, or once a year.
What is the amount that an insured person must pay before reimbursement for medical expenses begins?
Your health insurance policy will specify DEDUCTIBLE amounts on the Declarations page (usually the first page) of the insurance policy. This is the amount that you must initia…lly pay before the insurer is on the risk for any payment. Additionally, there are copayments, also specified in the policy, for which you will be responsible. These recognize that the insurer is only responsible for a portion of covered expenses incurred. An example is that the insurer would pay 80% of the covered expanse, and the copayment would therefore be 20%, which would be the insured's responsibility.
If you are married and you receive income from your IRA what is the amount before you have to pay taxes?
You would have to know how much other gross worldwide income that you would receive during the year to help you determine the answer that you want and need. You are the only o…ne that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation for the numbers that you are looking for. We can tell you that for the year 2009 married filing a joint income tax return and both under the age of 65 could have up to 18700 of income free of federal income.
The term is "premium".
What is a provision called in a disability income insurance policy that requires a person to wait before receiving benefits?
An elimination period.
What is The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying called?
what are the requirements for recieving government insurance
Which one of the following provisions requires that the policyholder pay a basic amount before the policy benefits begin?
The total amount of pay before deductions is the amount before taxes are taking out. This is the gross income.