Learn About Annuities and Settlements
When a judgment has been ruled in your favor it is uncommon to receive a lump sum payment for the full amount of the judgment awarded. What is more likely to happen is a structured settlement will be negotiated which entitles you to receive periodic ...
Current Federal tax code allows for charitable contributions to be deducted on individual tax returns at fair market value when given as gifts to qualifying charitable organizations. The gifts may be cash or other property but are dependent on an in...
Selling an annuity should only be considered in the most drastic economic situations due to the fact that significantly less money will be received than if the annuity or structured settlement were allowed to go forward as planned. If an unexpected e...
An annuity, in its most simple terms, is a contract taken out between an insurer, which is normally an individual, and a Life Insurance company that agrees to pay a fixed amount of interest back to the insurer a over a period of time. There are many...
Enhanced annuities are paid to persons retirees that have a shorter than average life span.It does not mean you have to be seriously ill to qualify,just that the annuity source that offers you the enhanced annuities expects you to live for a shorter ...
A Structured Settlement is essentially an agreement under which an insurance company agrees to pay an individual a predetermined amount of cash for a fixed length of time if the individual meets an accident. The documents generated in a structured se...
Selling your annuity is easy; all you have to do is find a company that you feel comfortable with to sell your annuity to. That is right, there are companies that specialize in buying structured settlements and annuities for one lump sum and you can ...
For people in their retirement years, investing in an annuity makes the most sense from a long-term growth and low risk perspective. However many people are unsure of the ins and outs of how annuities work, and thus, because annuity plans are not as ...
An annuity is one of the safest investments there is, but consumers need to understand what they are buying so that they can make an informed choice. This financial product can offer a lifetime income on your savings, which makes it very attractive t...
You can withdraw annuity principal during the accumulation phase of the plan if you wish. The insurance company that you have the contract with may charge you administrative and surrender fees if you choose to do so, though. Depending on the company ...
The process of surrendering an annuity will vary from company to company but essentially, you will call the company, fill out the necessary forms and then collect your money. Simple, right? While, in most cases, you can surrender your annuity for any...