Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
Cheers!
We all know that California is one of the best states to live in and raise a family in. People love California because of its weather, lovely landscapes, tourist attractions, and quality of life in general.
Long Beach is centrally located between Los Angeles and Orange County, and of course, that is a great location. When the summer arrives, SoCal is a favorite destination for many people. There are Long Beach residents who say that their hometown is just like Los Angeles, but shrunk to a more manageable size, and that’s completely true! This place is like a breath of fresh air after spending time in big cities.
Some citizens say that Long Beach is “a big city with a small-town vibe.” It’s full of arts, culture, adventures, sunshine and smiles. It is also a multicultural place with a cosmopolitan feel, where you can find people from many states, countries, faiths and denominations!
Costco? you mean the grocery/supermarket that is around the corner
When you compare the founding father of the UAE (Sheikh Zayed), and the Father of the Indian Nation, Mahatma Gandhi, you can see that there are many similarities between them. Both Zayed and Gandhi wanted peace in their country and stressed solidarity and union of people in order to achieve it. They were both wise men who understood what was needed for their respective countries to thrive and separate themselves from the countries they once belonged to. Their aim was to spread love, peace, and harmony among people which they succeeded at their time.
Answer: Mixing cultures and enriching society.
Explanation:
The consequence of the rapid population growth most often causes cultural enrichment of society. In such circumstances, people of different cultural backgrounds become an integral part of society. The United States and some Western European countries have been areas of large population migration in recent years. Thus people of different cultural perceptions become an integral part of society. In this way, different cultures in the country are mixed and enriched.
