Tips for Selling Your Structured Settlement

If you become injured due to the carelessness or negligence of another, you may be entitled to monetary compensation. Often, victims receive their compensation in the form of a structured settlement. A structured settlement is one that is paid over an extended period of time rather than all at once.

Sometimes, people decide that a lump sum payment is preferable to their structured settlement. A structured settlement can serve as a steady source of income, but is not right for everyone. Let's say you want to buy a home, pay off large amounts of debt, or invest. In these cases you might decide that a lump sum payment would benefit you more than a structured settlement. Luckily, you have the right to sell your structured settlement in exchange for one large payment.

The buying and selling of a structured settlement can be a good situation for everyone involved. The injured party gets the money they need all at once, and the settlement buyer gets a surefire investment. It's a simple concept -- the buyer will offer you a lump sum amount that is normally around 15% less than the total amount of your structured settlement. This 15% is what they end up earning after the structured settlement is complete.

It's important to carefully consider all the pros and cons of selling your structured settlement before making a decision. Once you sell, you no longer have access to your structured settlement payments, which now belong to the buyer. If you have questions about whether or not selling your settlement is the best thing for you, consult with a trusted financial advisor.

Copyright 2007 Jim Sterling - All Rights Reserved

Annuities: The Shocking Secrets Revealed.

Structured Settlement News:



Business Wire - JGWPT Holdings Completes $204 Million Securitization
December 1, 2011 -- JGWPT Holdings securitizes structured settlement and annuity-backed payment streams. RADNOR, Pa. -- Subsidiaries of JGWPT Holdings,...


Retirees lose up to 1bn through opaque market - Financial Times

Retirees lose up to 1bn through opaque market
Financial Times
By Norma Cohen, Economics Correspondent British retirees are losing up to 1bn every year thanks to an inefficient and opaque market for the annuities they are required to buy, according to a new report. The sum could treble over the next few years as .

and more »
..


Dirty tricks in a divorce can cause some nasty surprises - The Independent

Dirty tricks in a divorce can cause some nasty surprises
The Independent
Another version of the nasty surprise scenario comes with the purchase of pension annuities. People who are married are sometimes encouraged to take out a "joint life annuity" with the proceeds of any money-purchase pension plan that they might own.

..


Knauf
2) Full disclosure you will have to DEMO and DOCUMENT photographically per specific proposed..


Annuitizing Your 401(k) - Wall Street Journal

Wall Street Journal
Annuitizing Your 401(k)
Wall Street Journal
By KELLY GREENE The federal government is trying to ease the way for workers to buy annuities with their retirement savings. The goal: to create a source of income that people can't outlive. Insurers, already seeing demand for such products, .

and more »
..


Millions face poor retirement 'unless annuity system reformed' - The Guardian

The Guardian
Millions face poor retirement 'unless annuity system reformed'
The Guardian
Millions of workers who will be automatically enrolled into a government-sponsored pension scheme this year will be left with a "woeful" retirement income, unless there is urgent reform to the system for buying annuities, the National Association of .

and more »
..


$800 Million Global Knauf
2) Full disclosure you will have to DEMO and DOCUMENT photographically per very specific and detailed proposed..


Annuity selling is 'unfair and opaque', says NAPF - BBC News

BBC News
Annuity selling is 'unfair and opaque', says NAPF
BBC News
The way annuities are sold is costing half a million retirees each year as much as 1bn in future pension income, a report claims. The National Association of Pension Funds said the sale of annuities was "hugely unfair and opaque".

and more »
..


'Toxic' annuities cost us 1bn - Telegraph.co.uk

Telegraph.co.uk
'Toxic' annuities cost us 1bn
Telegraph.co.uk
By Paul Farrow Private sector workers are losing 1bn from their pensions because of "sharp practice and murky pricing" in the annuity market, according to a damning report by the National Association of Pension Funds (NAPF).

and more »
..


Retiring workers warned of 1bn pensions rip-off as hard-earned savings are . - Daily Mail

Daily Mail
Retiring workers warned of 1bn pensions rip-off as hard-earned savings are .
Daily Mail
It claims they lose 500million to 1billion a year in a 'heavily manipulated' market because they accept annuities that pay far less than they could secure by shopping around. The NAPF says the problem stems from the fact that two-thirds of people are .

and more »
..


IMPORTANT: Bing News RSS feed has moved!
Go to the new RSS page and renew your subscription.
..


Business Wire - Imperial Holdings, Inc. Secures Funding For All Structured Settlements Arrangements
January 17, 2012 --

- The Company recommences financing guaranteed structured settlements receivables - ...



Business Wire - A.M. Best Special Report: Prolonged Low Interest Rates Take Longer-Term Toll
November 15, 2011 -- OLDWICK, N.J. -- U.S. life/annuity insurersâۉ„¢ earnings are being pressured by the prolonged low interest rate...


Business Wire - Imperial Holdings, Inc. Announces New Structured Settlements Purchase Agreement for up to $40 Million
January 3, 2012 -- BOCA RATON, Fla. -- Imperial Holdings, Inc. (NYSE: IFT) ("Imperial"), a specialty finance company with a focus on providing...


Court allows Jersey City's lawsuit to claim Sixth Street Embankment to go forward, as
The six-block-long stone..


Market Wire - ASCAP and the Radio Music License Committee Announce Settlement in Principle
December 1, 2011 -- The Radio Music License Committee (RMLC) and The American Society of Composers, Authors and Publishers (ASCAP) today announced a settlement...


Sovereign Funding Reviews: A
A..


Treasury's Lifetime-Income Proposals Lean Heavily on Education - Workforce Management

Treasury's Lifetime-Income Proposals Lean Heavily on Education
Workforce Management
Observers find proposals to be well intended, but add that workers have a lot to learn on annuities. By Darla Mercado Now that the Treasury Department has made it easier for retiring workers to access annuities, plan sponsors and advisers will have to .

and more »
..

Pensioners in 1 billion annuity rip-off - Telegraph.co.uk

Telegraph.co.uk
Pensioners in 1 billion annuity rip-off
Telegraph.co.uk
Half a million pensioners are being ripped off by up to 1 billion each year by a EURœtoxicEUR system of poor returns and hidden charges from retirement annuities, a major report from the pensions industry has warned. By James Hall, Consumer Affairs Editor .

and more »
..


Business Wire - Imperial Holdings, Inc. Announces President and COO, Jonathan Neuman, Takes Leave of Absence
January 1, 2012 -- BOCA RATON, Fla. -- Imperial Holdings, Inc. (NYSE: IFT) ("Imperial"), a specialty finance company with a focus on providing...


Technorati Tags: , ,