Thinking About Selling My Structured Settlement Annuity Payments For Cash – Are There Any Penalties Involved?
Tags: About, annuity, Cash, Payments, Penalties, Selling, Settlement, Structured, There, Thinking
Tags: About, annuity, Cash, Payments, Penalties, Selling, Settlement, Structured, There, Thinking
December 9th, 2009 at 12:44 pm
The premise behind such a transaction is that you would prefer a large lump sum payment as opposed to many smaller payments over a period of time. This “convenience” comes at a price, however.
Typically you can expect to lose 20 to 40 percent of the total monetary value by doing such a transaction.
December 9th, 2009 at 1:18 pm
Check into a company like below.
December 9th, 2009 at 5:47 pm
the company will take up to 50% for themselves, in order for you to get a lump sum settlement.
December 9th, 2009 at 7:04 pm
I am not sure of penalties, but they do charge a fee and to my knowledge they are high fees.