Accounting is an attempt to match current income with current expenses.
Establishing these plans for relatives could relieve siblings or children of the need to save for college at a time when they are overwhelmed with current expenses.
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The Washington Post on January 15, 2013 reported that more than one-quarter of American workers with 401 (k) and other retirement savings accounts are raiding these accounts prior to retirement to pay for current expenses.
By selling her books, initiating a business plan and consulting SCORE for mentorship and guidance, Barbara has managed to match her current expenses to her income, and she is confident her future income will increase.
And even before the current recessions European economies were not generating enough taxable income to pay current government expenses.
The company said those expenses include retention payments, ongoing salaries and benefits for Loopt employees, wind-down expenses or current Loopt services and other integration expenses.
The prospect of lower revenues would be expected to result in an operating deficit at our current level of expenses in the first half of 2013.
Product sales are always recognized in the current year and warranty expenses are deducted in the future, when the cost is realized.
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If you need every penny of your current cash flow to cover these expenses, then home ownership is probably not feasible at this time.
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Ruiz's urgency stems from his stated goal of moving AMD's (nyse: AMD - news - people ) variable costs to 30% of operating expenses, from a current 20%.
There have been concerns on Wall Street that research and development expenses are no longer justifiable with current success rates.
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Next month the Committee on Standards in Public Life - whose recommendations for changes to MPs' expenses set the groundwork for the current system - will publish in its annual report a "stock take" of the situation.
As with any investment or investment strategy, investors should consider the investment objectives, risks, charges and expenses carefully before investing and always read a current prospectus carefully before investing.
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Retired presidents enjoy a government pension that matches the current salary of cabinet members, reimbursement of staff and office expenses, medical insurance and lifetime Secret Service protection.
Panasonic has projected that it will make a loss in the current financial year because of falling sales and a jump in restructuring expenses.
Stagnant hiring in the US suggests that businesses are delaying further investment in people, often their highest expense, because they are not confident in the current political and economic climates and their impact on interest rates and expenses.
They will also get a full refund, credit that can be used toward a future trip and reimbursement for all expenses, except casino and gift shop purchases, for their current trip.
The current European Parliament President, Hans-Gert Poettering has reformed the pay and expenses regime to clamp down on abuses - after the next election, MEPs will have to provide receipts for their expenditure and there will be new rules on employing assistants to prevent abuses.
The proposals will give the National Audit Office new powers to scrutinise expenses while claims would be broken down into 26 categories rather than the current 14.
Even with current funding, the level of care is low -- and out-of-pocket expenses are high -- for Medicare recipients when compared with private sector plans.
And while no one knows yet just how the current contenders have been spending their cash these past few months, a quick look back at expenses for the first quarter reveals where they placed sizable chunks of money early on.
You can use HSA money to pay current medical bills or leave it growing tax free and use it tax free for uncovered medical and dental expenses in retirement.
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Assemblywoman Linda Rosenthal, a New York City Democrat, said the current wage is unlivable and too little to pay a family's food bill, let alone medical and education expenses.
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