Archive for November 19th, 2015

Why Would You Want to Sell Your Annuity Settlement?

Sell structured settlement annuity

There are two really easy ways to get money: either win the lottery or sue someone. With all great things however, there are certain conditions and stipulations that may stand in the way of your fortunes. Here is what to expect if you win the lottery or receive a structure settlement.

Singing the Lottery Blues

Once you win the lottery you will immediately have to give the federal government 25% of your winnings as taxes, plus an additional 6-9% for state taxes. Furthermore an annuity pays out over years or decades: the Mega Millions and Powerball annuities increases by 5% for the 30 annual payments. Even those set to receive an “immediate” annuity will have to wait for 30 days before receiving payment. Other surrender charges, early withdrawal fees, and mainten

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