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Tips on Selling Your Annuity or Structured Settlment

Are Millennials More Likely to Seek Out Annuities?

Have millennials learned a lesson from their parents? According to the J.D. Power 2018 Group Retirement Satisfaction Study, millennials are better prepared for retirement than Generation X’rs and Baby Boomers. The study showed that more than sixty percent of millennials have at least $25,000 in retirement savings. Additionally, over half have set retirement goals, which is more than Generation X and the Boomers (44%). Finally, 83% of millennials said they were on the right track to meet their retirement goals.

Topics: sell annuity structured settlement

Should You Sell Your Annuity Payments to Go Back to School?

Earning an advanced degree may be just the thing you need to get that raise or qualify for a new position where you’ll earn more. According to the U.S. Census Bureau, people with advanced degrees can earn more than 60% more over their working lives than people with a Bachelor’s degree. This makes sense when you consider the fact that employers are looking for people with specialization for various positions.

Topics: Annuity sell annuity

What Are the Tax Implications of Annuity Ownership?

If you have been considering annuity ownership, you have probably been drawn to the idea of guaranteed payments over the course of an extended period of time. Many people, for example, invest in an annuity product to ensure they have a steady stream of income later in life.

Topics: Annuity