Annual Income Clause Samples

Annual Income. Adjusted gross income as defined in Section 62 of the United States Internal Revenue Code, of all members of a household (this is the “Adjusted Gross Income” amount reported on IRS form 1040).

Annual Income. For each program participant who receives homelessness prevention assistance, or who receives rapid re-housing assistance longer than one year, the following documentation of annual income must be maintained: 1) Income evaluation form containing the minimum requirements specified by HUD and completed by the recipient or subrecipient [agencies utilizing ESG funding]; and 2) Source documents for the assets held by the program participant and income received over the most recent period for which representative data is available before the date of the evaluation (e.g., wage statement, unemployment compensation statement, public benefits statement, bank statement); 3) To the extent that source documents are unobtainable, a written statement by the relevant third party (e.g., employer, government benefits administrator) or the written certification by the recipient's or subrecipient's [agencies utilizing ESG funding] intake staff of the oral verification by the relevant third party of the income the program participant received over the most recent period for which representative data is available; or 4) To the extent that source documents and third party verification are unobtainable, the written certification by the program participant of the amount of income the program participant received for the most recent period representative of the income that the program participant is reasonably expected to receive over the 3-month period following the evaluation.

Annual Income. When determining the annual income of an individual or family, the recipient or subrecipient [agencies utilizing ESG funding] must use the standard for calculating annual income under 24 CFR 5.609.

Annual Income. The Student hereby declares that their annual income in the years during the Period of Residence does not and will not exceed £15,000 per annum and the Student hereby acknowledges that the University entered into this agreement in reliance on this declaration.

Annual Income. When determining the annual income of an individual or family, the Subrecipient must use the standard for calculating annual income under 24 CFR § 5.609 as outlined in 24 CFR § 576.401(c).

Annual Income. This is your total annual income. It is all of the income you receive, from any source, and may include any of the following: ■ Wages ■ Investment income ■ Pensions ■ Disability insurance payments ■ Support payments Why do we need to know this? To determine whether the inclusion or exclusion of income as your investment objective is something we should discuss with you.

Annual Income. A. Annual income means all amounts, monetary or not, which: (1) Go to, or on behalf of, the family head or spouse (even if temporarily absent) or to any other family member; or (2) Are anticipated to be received from a source outside the family during the 12-month period following admission or annual reexamination effective date; and (3) Which are not specifically excluded in paragraph (c) of this section.

Annual Income. This is your total annual income. It is all the income you receive, from any source, including, wages, investment income, pensions, disability insurance payments and support payments. Your net worth is equal to the value of the assets you own (e.g. cash, assets that readily covert to cash, house, car, etc.) minus the liabilities you owe (e.g. mortgages, car loans, credit card balances). Risk tolerance considers how much risk you are willing to take in your Account. In order to determine your risk tolerance, we will consider things such as your investment knowledge and experience and the amount of volatility in your Account with which you would be comfortable. Investment knowledge reflects your understanding of, and your experience with investing, investment products and the associated risks. Your investment knowledge and experience can generally be described along a continuum from limited, in cases where you do not understand much about investing and do not have much experience in investing, to sophisticated, in cases where you have a strong understanding of investing, including the risk/return trade-offs associated with investing in both Canadian and foreign markets, and you have experience investing in various kinds of securities over many years. We will ask you to consider various scenarios illustrating different possible return patterns and ask you about your comfort level with such scenarios in order to help us determine if you are comfortable with the volatility associated with certain investments. Your investment needs and objectives are the results you want to achieve from the investments in your Account. It is the goal that is most important to you for your Account and is generally identified according to what you want the investments in your Account to produce: • Safety - Refers to security of capital with short term liquidity. • Income - Refers to periodic payments (interest or dividends) from government or corporate bonds and dividend-paying stocks. These payments may be compounded (reinvested) or paid out. • Growth - Refers to appreciation of capital, usually over a long time period. • Balanced Returns - Refers to a combination of income and growth. Investment Time horizon is the period of time you will be investing through your Account before you will need to access a significant portion of the assets invested in your Account. This will be determined by you telling us the number of years you expect to save for your investment goals in your Ac...

Annual Income. Income expressed on a monthly basis will be annualized. Annual income includes pre-tax base salary plus any cash bonuses from all relevant position(s). It does not include interest income, dividends, or income from other sources such as stock grants, income from non-relevant positions, benefits, or employer contributions to a 401k. For guarantee purposes, annual income will be based on the offer letter, and may be verified using corresponding tax documents.