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A regular payment received after a person retires is commonly referred to as a pension. These payments are typically made by an employer or a government entity and are intended to provide financial support to individuals after they have stopped working. In some cases, retirees may also receive Social Security benefits or annuities as part of their retirement income.

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2mo ago

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What do you call a fixed payment made to a person?

A fixed payment made to a person is commonly referred to as a "salary" or "wage." This type of compensation is typically paid at regular intervals, such as weekly or monthly, in exchange for work or services rendered. In some contexts, it may also be called a stipend, especially when referring to a fixed amount paid to support education or research.


What can you do if your mortgage payment is 2 months late?

call the mortgage holder and make payment arrangements


What is the final payment you have to pay for your mortgage?

Call your lender; they will give you the exact amount of your last payment.


Can a credit card come send you to collections if you are making a payment?

They can do whatever they want if you are behind, but it would be weird for them to pursue collections if you are making REGULAR payments. Call the credit card company and make arrangements.


Is the extra payment always applied toward principal?

No, it isn't, you need to make it clear either by phone, or on the payment, that you want the extra to go towards your principal, and not towards interest, or any other packages you may have in your loan. It's best to make a phone call to make sure they allow you to do this, and to get it in your file. Then each time you pay the extra show it on the payment slip, and/or on your check, clearly with the dollar amounts for each, regular payment and extra principal. You don't need any chances for a misunderstanding.

Related Questions

A person who retires from society and lives in solitude?

This is called a "hermit". You could also call them a "recluse", or "loner".


How does a person that has a mortgage on their home with citiMortgage pay their regular payment plus one payment a head?

I assume you wish to pay in advance, one paymant. To do this: look at your payment coupon. It should have a space for additional principal. You will be paying off your principle. Your next payment will be due at the regular time. To have your payment credited to the following month , you need to call the office you are paying and talk to them.


Who can call child support agency concerning non payment?

The person not getting it, or the payer if a payment has not been posted.


What do you call a person who lives in Plano TX?

A regular Texan


What do you call a fixed payment made to a person?

A fixed payment made to a person is commonly referred to as a "salary" or "wage." This type of compensation is typically paid at regular intervals, such as weekly or monthly, in exchange for work or services rendered. In some contexts, it may also be called a stipend, especially when referring to a fixed amount paid to support education or research.


How do you call a person who receives payment?

A person who receives payment is typically referred to as a "payee." This term is commonly used in financial transactions, such as in checks or invoices, where the payee is the individual or entity entitled to receive the funds.


What happens when you get call regarding repossession but no letter after making a payment?

One payment may not be enough to stop the progress of the repossession proceedings. You need to communicate with the mortgage company and arrange to make regular payments.


What do you call someone who becomes leader after the past leader retires or dies?

They are the De facto leader


Who they call lebron the next Kobe?

LeBron could be like Kobe after KB retires but he won't be the same


Call of Duty 4 does Macmilan Die?

No Macmillan does not die he just retires because of his hope this helped :P


What does it mean when a boy is nice to you and mean to you?

You can call him just a regular person or a frenemy! (FREH - NEH - ME)


Does the person you are calling have to have Skype?

No, if you have purchased minutes in skype you can make a call to the regular number from skype.