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money market account
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∙ 13y ago
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What is the limit that you can withdraw at one time from your bank account?
there is no limit on the amount you can withdraw from your account as long as that sum is there
What is a sum of money from which a person may withdraw called?
It is called Deposit
What does P O D R mean on a bank account?
PODR means preferred overdraft rate. (Santander have a current account of this type). This term is used when you have an overdraft on a current account at an agreed limit and pay a regular sum of money into the account (example, your monthly pay).
Can you take a lump sum payout from your pension if you resign?
Yes, you can take a lump sum payout from your pension if you resign; however, you should not. Instead, you should open an IRA account. You should have your employer roll over your pension directly into your IRA account so you do not pay a 20% penalty. If you chose to take a check from your employer and use it to open an IRA account then you pay a 20% penalty. Please do not ask me to explain the tax code of The United States of America.
How do you withdraw money from 401k account after you quit your job with a loan that is outstanding?
Most plans allow you to do the lump sum distribution irregardless. You will just want to be mindful that you're going to be taxed on both the account balance and the outstanding loan.
What is meaning of penalty?
Penal retribution; punishment for crime or offense; the suffering in person or property which is annexed by law or judicial decision to the commission of a crime, offense, or trespass., The suffering, or the sum to be forfeited, to which a person subjects himself by covenant or agreement, in case of nonfulfillment of stipulations; forfeiture; fine., A handicap.
If you open an account for beneficiaries of your will can you just instruct your lawyer to place a particular sum into their accounts?
You need to consult with an attorney who specializes in probate law in your jurisdiction. Stipulations can be made in a will but the attorney can review your wishes and help you to frame them within the limits of law.
What is the meaning of sum up?
To sum up means to give a brief summary (I will sum up the meeting in the email).
What is the limit that you can withdraw at one time from your bank account?
there is no limit on the amount you can withdraw from your account as long as that sum is there
How can you get into the business of cash flow notes?
To get into the buisness you must have a large sum of money to be lent out then lend out the money with catch 22's attached, or in other words a contract. It is basically the buisness of loans with stipulations.
What is a sum of money from which a person may withdraw called?
It is called Deposit
What is the relationship between capital account balance and current account balance?
The balance of payments, then, is the sum of the balance on current account and the balance on capital and financial account. It is important to understand that the deficit indicated by the current account is financed through activities recorded on the capital and financial account. The deficit on the current account must be exactly offset by the surplus on the capital and financial account (if it is not, net errors and omissions will correct it). This means then that the sum of the current account and the capital and financial account is equal to zero.
What is bank order?
an instruction given by an account holder to a bank to pay a specific sum of money at fixed intervals to a person or account
What is the difference between a current account and a call deposit account?
You can withdraw cash at your call deposit account at any time if you have a call deposit account. The current account has the sum of the income of the goods and service less the expenditure.
Where does the sum of customers' unpaid balances that is compared to the general ledger balance comes from?
The sum of customers unpaid balance or balance of account receivables in the General Ledger usually comes from a subsidiary ledger which contains an individual account receivable for each customer, the total of these accounts are summed and placed in one single account in the "general ledger".
What is partners capital account?
The partner's capital account is similar to the owner's equity account in a sole proprietorship. It is also similar to shareholder's equity account on a corporation's balance sheet. It is the different between assets and liabilities in a company. Meaning the sum of partner's investment + revenue - expenses.
What does P O D R mean on a bank account?
PODR means preferred overdraft rate. (Santander have a current account of this type). This term is used when you have an overdraft on a current account at an agreed limit and pay a regular sum of money into the account (example, your monthly pay).
