3 of the Weirdest Ways People Have Lost Their Lottery Winnings

After you win the lottery, you have two, very important decisions to make. Do you want to receive your winnings as a lottery lump sum payout, or as a lottery annuity settlement? And how are you going to spend that lump sum, or those annuity payments? Although there’s no clearly wrong decision with the first … Read more

Deferred Annuities Vs Income Annuities Do You Know as Much as You Should?

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’s The #1 Reason People Sell Annuity Payments?

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

Currency Counter Machines What You Need to Know

People who have had to count large stacks of money know that the job isn’t nearly as glamour as it sounds. Before the advent of currency counter machines, bills and coins had to be accounted for by hand. The process was tedious, stressful, long, and more often than not frustrating. Moreover, the sum was usually … Read more

Three Q and A’s About Commercial Real Estate Investing

Commercial real estate investing is definitely a risky business to get into, especially if you don’t have much prior experience in the industry, however it can also be a very lucrative industry as well — in more ways than just relating to finances. If you think that making commercial real estate investments could be a … Read more

Rethinking Retirement Savings

Understanding the vast array of options for saving for retirement can be a difficult task for even the most seasoned finance expert. In addition to more traditional options like Roth IRAs or 401Ks, self directed IRAs are becoming increasingly popular. One potential for these types of accounts is investing in real estate. If you want … Read more

Money Counter Machines What You Need to Know

Counting money is not nearly as glamorous a job as one may think. In fact, counting money by hand is a long, tedious, and strenuous task that requires considerable time and attention to detail. When counting money by hand, banks and other financial institutions often require more than one person to do it. They also … Read more

A Fool-Proof Guide That Will Help Anyone Find a Bank

Dealing with finances is a source of anxiety for a lot of people since money, like it or not, pretty much makes the world go ’round. Finding a bank is a pretty big decision — since this is the institution you’re going to trust your money with and to go to for financial advice and … Read more