Did you win a lottery payout recently? Lottery payments usually come in the form of structured settlements — monthly or annual payments which occur over time. For example, one popular lottery payout involves an immediate payment followed by 29 more which happen annually. In some scenarios, this can be a good way of receiving your…
In recent months the news media has covered the dangers and potential pitfalls associated with selling an annuity settlement, or structured settlement annuity. A piece in the Washington Post this past summer highlighted one particular company involved in what appeared to be predatory practices. There is of course the entirely other side of the industry,…
Winning a structured settlement can be a great source of steady, regulated income over the next few decades. These settlements, which are typically awarded in life insurance payouts and employee lawsuits, allow you to get your compensation over time rather than all at once. Yet financial situations change all the time, and what may have…
Owners demonstrate a certain loyalty and commitment to their purchased annuities, with 93% reporting that they still own their first annuity. But what are annuities? Annuities are a financial product that financial companies sell; their purpose is to collect and grow the funds an individual gives. After the individual has paid towards their annuity for…