What is better, a lump sum cash payment or an annuity payment? The simple answer is it depends. It depends on several factors but most importantly your current and future financial situation. If you need a large amount of money now for a down payment on a house, college tuition, or catch up on past bills then perhaps a lump sum is better in this case. If you are financially stable and do not forsee any large expenses in the near future then perhaps an annuity is the best option.
If you currently our receiving a series of payments, whether it be a structured settlement, annuity, lawsuit settlement, or lottery winnings, you may be able to restructure the series of payments into one lump sum. Even if you have already agreed to a structured settlement, you may be able to convert it into cash if you decide to sell your annuity payments. Unfortunately, people can be very irresponsible with their money so an annuity is often the best option. A lump sum settlement from court, insurance companies, and lottery winnings often turn out to be less than the amount from a series of payments.
Our reputation is widely known in the structured settlement, lawsuit loan and lottery funding industries as most of our business comes from referrals. This is because our staff is committed to excellence and we strive to not only meet your expectations, but exceed them. Our vast network of funding options allows you, the customer, to receive the best rates we can offer. To contact a structured settlement, lawsuit loan or lottery funding professional you can reach us toll free at 855-529-5336 or fill out our online form on our contact us page. Or stop by our corporate office located just outside of Philadelphia, Pennsylvania.