Winning the lottery is a dream come true for many. With a lottery lump sum payout, people can pay off their debt, buy a house, start a business, and do all sorts of things to improve their lives. That, or they can get a lottery annuity settlement, and use the annual lottery payments as income … Read more
New to annuities and annuity settlements? You’re not alone — most Americans have no idea what an annuity is, let alone how beneficial these annuities can be when saving for retirement or trying to keep up with retirement expenses. With an annuity, you are able to set up a source of income that lasts for … Read more
What are structured settlements and annuity payments, and how do most people receive them? A structured settlement is a legal or insurance arrangement where the recipient agrees to receive periodic payments throughout their life, which is also known as an annuity payment. Often times this has tax advantages for the claimant (the government withholds 25% … Read more