WHO SHOULD INVEST IN ANNUITIES - INVEST IN ANNUITIES
Who should invest in annuities - Commercial investment
Who Should Invest In Annuities
Tom told Dick he thought it would be a mistake to invest in Harry’s company.
A form of insurance or investment entitling the investor to a series of annual sums
(annuity) income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"
A fixed sum of money paid to someone each year, typically for the rest of their life
(Annuity (finance theory)) The term annuity is used in finance theory to refer to any terminating stream of fixed payments over a specified period of time.
(Annuity (European financial arrangements)) An annuity can be defined as a contract which provides an income stream in return for an initial payment.
What Determines the Lump Sum Payout You Receive Should You Sell Your Annuity, Lottery Payments or Structured Settlement?
Hi this is Lindsey speaking to you on behalf of Corona Capital. Our company buys annuities and structured settlements. Today I’d like to discuss what determines the amount of money you’d receive should you decide to sell your future annuity or structured settlement payments.
The amount of money you’d get is essentially based upon 3 factors:
The dates your future payments are due
The amount of your future payment
The discount rate being charged
Firstly, The date that your future payments are due is an important factor when determining how much your lump sum payout will be. This is called Present Value. Quite simply, the closer your future payments are to today’s date the more they are worth. For example, a $50,000 payment due on January 1, 2015 is going to be worth more than that same $50,000 due on January 1, 2025.
Secondly, the actual amount of your future payments is certainly a factor. Obviously the more you sell, the more you’ll receive in a lump sum payout.
And thirdly, the last factor you ought to be aware of is the discount rate being applied. This is important. Discount rates can range anywhere from 9-25%. Make sure and ask the funding company you choose what discount rate they are charging you.
You should ask the funding company if they charge any legal or processing fees of any sort. Make sure that they provide you with a net offer. Corona Capital never charges any legal or processing fees.
For more information or to receive a quote for your annuity or structured settlement from Corona Capital call 1 (888) 852-5658 or visit coronacapitalgroup.com or dineropordemandas.com en espanol. Our contact form is in the upper right corner of our site.
The Process of Cashing in Your Structured Settlement
Hi I’m Lindsey speaking to you on behalf of Corona Capital. Today I’d like to discuss the court process of cashing in all or part of your structured settlement.
The first thing to do is to request a quote from a few funding companies.
Once you accept the best offer you’ll sign a contract outlining the terms of the sale.
At this point you’ll have to send the funding company a copy of your annuity contract if you haven’t done so already.
An attorney will then file a petition for the settlement transfer, usually at your local county courthouse.
A hearing will then be set for a judge to review your request. Statistically, the majority of structured settlement transfer applications are approved.
If approved the funding company you chose should send you your money within 10 days of having obtained the court order approving the transfer.
For more information call Corona Capital at 1 (888) 852-5658 or visit us at coronacapitalgroup.com. Our contact form is in the upper right corner of our site.