Even though the country is now on the upswing after the financial crisis of 2008, there still seems be massive amounts of debt piling up across every home in the United States. Between paying mortgages, college tuition, and even just day-to-day costs, debt seems to be adding up everyday. However, for those who have a […]
How to Reduce Debt With Lump Sum Lottery Winnings Read More »
Small businesses are the real drivers of the American economy. There are between 25 and 27 million in the United States and they employ about 60% to 80% of all workers. While the Small Business Administration (SBA) backs small business loans for entrepreneurs to start new ventures, insufficient capital is the second leading cause for
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One of the biggest retailers in the United States, J.C. Penney Co. Inc., announced earlier this month they have reduced their pension obligations by offering over 50,000 former employees the option between an annuity settlement and cash for annuity payments. In doing so they were able to cut their pension obligations by about $5 billion,
JC Penney Offers Retirees Annuity or Cash for Annuity Payments Read More »
Have you hit the jackpot well and finally managed to win the lottery? Or have you won a lawsuit and gotten some hard-earned money that way? If so, you might have opted for this large lump sum might be getting paid out as an annuity for your retirement, instead of getting it all at once
Annuities Away! Why Selling Them Might Be Your Best Bet Read More »