Lump Sum facts
While investigating facts about Lump Sum Meaning and Lump Sum Contract, I found out little known, but curios details like:
NBA player Allen Iverson signed a lifetime endorsement contract with Reebok in 2001 that would pay him $800,000 a year until he reaches age 55 to where he would then receive a final lump sum payment of $32,000,000.
how lump sum pension calculated?
The winner of the $1,000,000 in Mcdonald's Monopoly doesn't recieve it as a lump sum; they get an annual cheque for $50,000 for 20 years
What lump sum can i take from my pension?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what's lump sum. Here are 13 of the best facts about Lump Sum Calculator and Lump Sum Payment I managed to collect.
what lump sum means?
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In South Korea to rent an apartment you have to pay lump sum up to 80% of the value of it. You then live "rent free" for two years, then get your money back.
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The author of The Witcher sold the rights to his works to CD Projekt Red for a lump sum of $9,350, as he didn’t think the franchise would be successful. After the video game series became a success, he sued for $16.1 million.
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If you own certain makes of 2011-2013 hyundai vehicles, you're entitled to a lump sum or a lifetime reimbursement program because they lied about mpg
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A Canadian journalist wrote a book about Canada merging with the USA. She reasoned that "every Canadian would be entitled to a lump sum payment [from the United States] of $492,529"
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Andrzej Sapkowski doesn't receive any royalties from The Witcher games and had accepted a lump sum from CD Projekt RED for them to use his characters in their games
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Labor is not zero sum. This is the lump of labour fallacy. Automation does not cause long term structural unemployment.
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In korea pension lotteries are popular vs lump sum as it curtails the danger of winning the lottery and gives you 2.6x the chance of winning.
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Jeonse, a housing rental system specific to KOREA where Instead of paying monthly rent to a landlord, a large lump sum payment ($300,000) is deposited into the landlord's bank account for 2 years of rent free living and returned to the renter after the 2 years
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Israel receives its US military “aid” in a lump sum payment to an interest bearing account, using a portion of the $3.8 billion/year to pay down its bi-lateral debt to the US with $ borrowed from China at interest by US taxpayers.
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The UK freed their slaves in 1833, thirty-two years earlier than the US, and paid their slave owners lump sums of money.
Lump Sum data charts
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Why lump sum retirement?
You can easily fact check why lump sum taxes by examining the linked well-known sources.
If you win Powerball, it is likely better to take the annuity payments, rather than the often advised lump sum (via NYT)
