noun
definition
An amount of expenses that must be paid out of pocket before an insurer will pay further expenses.
adjective
definition
Eligible to be deducted.
Examples of deductible in a Sentence
It can also serve as a tax deductible receipt.
Investment in energy saving measures should be made tax deductible against income tax.
The deductible is the amount of money you give to the insurance company before their money begins covering you.
Most donations to charities are tax deductible.
Use your car underwriters figure the to gain loyalty deductible says Brian.
Make the capital investment tax deductible against income tax.
A higher deductible we're mostly young club agency inc than chastise poor.
Interest receivable by companies will be chargeable to tax; interest paid will be deductible for tax purposes.
Parity statute is focus on enrolling of a deductible.
Money placed in a properly structured pension plan is tax deductible and the funds grow tax-free for retirement.
Many go for a lower deductible, but this basically means that you'll pay more monthly on your insurance bill.
Definitely consider a higher deductible, as this will lower your monthly insurance payment.
A higher deductible will lower the cost of your premium, but in the end, it means you pay more if something bad happens to your house.
Reverse this scenario when thinking about a lower deductible.
What this does is if you get into an accident or the rental car is broken into, the claim still goes through your insurance policy, but the car rental company will pay for the deductible up to a certain amount.
For a more carefree vacation, "deductible waiver" is something you should seriously consider.
Some plans come with a flat rate deductible, while others require you to pay a percentage of your total vet bill.
Many rescues are registered 501(c)(3) non-profit groups meaning that any donation that is given to them is tax deductible.
Some consumer spending, such as charitable donations and business expenses, may even be tax deductible, helping save more money in the long run.
While the interest rate is generally low and the interest paid potentially tax deductible, using home equity can become an incredibly tricky situation if financial difficulties arise.
Additionally, the interest you pay on these types of loans can be tax deductible if you qualify.
In addition, it's not tax deductible for the person who makes the payment.
The payments are tax deductible to the payor, however.
Unlike child support, which is not deductible by the person making the payments nor considered income to the custodial parent, spousal support payments can be deducted by the person making the payments.
Care must be taken so that the Internal Revenue Service doesn't suspect that the payments being made as alimony are really for child support, and therefore not tax deductible for the higher-earning individual.
If handled properly, even non-court ordered (voluntary) alimony payments are tax deductible.
In order for payments to constitute as alimony and therefore become tax deductible, make certain they are all tendered in the form of cash, check or money order.
The alimony payments are deductible by the person making the payments.
If the payments are pursuant to a separation agreement or a temporary court order, the couple may still be living under the same roof and the payments are tax deductible.
To fit the alimony definition and to be tax deductible for the payer, none of the money can be considered a child support payment.
Most charity organizations will give you a tax deductible receipt as well.
On the plus side, if you're running a business many of your expenses for inventory and supplies may now be deductible.
Then, once we receive your claims you will be sent a check for reimbursement, up to ninety percent of your plan's Benefit Schedule allowance, minus a $50.00 per incident deductible.
We still cover up to ninety percent of your plan's Benefit Schedule allowance, minus your deductible.
In some cases, contributions may be tax deductible.
Contributions made to a Roth IRA are not tax deductible, but the Roth IRA offers tax-free growth, so you don't owe tax when you make withdrawals.
After all, no retiree wanted the "injury" of having to withdraw deductible IRA assets already hurt by the recession plus the "insult" of having to pay taxes on the RMD.
Most likely, deductible IRA owners 70 1/2 or older and those who have inherited IRAs or 401(k)s will have to take mandatory withdrawals in 2010.
Each plan will tell you what type it is (network, PPO, etc.), the deductible, coinsurance, copay and an estimate of your premium cost.
Like other types of insurance, there is a deductible that must be satisfied before any benefits will be paid out.
By investing in your own home, you may make a profit when you sell it, and the interest on your mortgage is deductible, a considerable cost-savings to those who itemize their taxes.
These mortgage loans may be tax deductible.
While other loans like tuition may have some tax stipulations, interest on a home equity line is tax deductible.
It is not tax deductible like your interest payment, but it won't hurt your tax bill either.
Tax advantages - The interest paid might be tax deductible.
Interest rates are typically lower than for other types of loans and the interest paid for second mortgages may be tax deductible for some borrowers.
The interest portion of the payments may also be tax deductible, since this is type of mortgage is on the property.
Know what your coinsurance and deductible will be for prenatal visits and delivery.
In many cases, the pill will be covered by your health insurance and will be subject to your normal deductible.
Do the maternity benefits have a different deductible?