Are you the recipient of a monthly annuity payment? Monthly annuity payments are when you are owed a lot of money, specifically from the winning of a lawsuit or a large lottery winning and you agree to receive your money in smaller, monthly payments. This option works for some, providing them with additional income each […]
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Why is it actually not a great thing when you win the lottery? There’s a huge misconception out there that when you win the lottery, you have it made. You finally have a ton of money and you can spend it in any way that you choose, and you never have to worry about needing
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Hoping to strike gold this time around? Have you considered what you would do with your lottery payout if you hit the jackpot? Even if you play for years and never win, it’s a good idea to keep in mind your financial path once you’ve made millions. That much money at once can be overwhelming
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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,
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