The truth about annuities sometimes may seem varied, complex, and confusing but the facts can be boiled down into just a couple or maybe at most a few simple points.
1) An annuity is a financial instrument designed to pay out a set amount of money over time. Oftentimes payments are made on an annual basis, but in some cases a structured settlement awarded by a court may require monthly payments.
2) For the most part and annuity and a structured settlement perform (as in the fact that they give consistent payments) in the same way, but in fact are two completely different things.
This brief synopsis is not intended in any way to give the entire picture of annuities or structured settlements. Fortunately there is a website dedicated to just that. The site is aptly named... Annuities And Structured Settlements.
Visit today and get more facts and info about these sometimes complex and confusing instruments.
There you will find information regarding selling annuities and how to go about the purchase of a structured settlement to add some variety and security to your financial portfolio.
For those folks looking for cash for settlements they have received or information on settlement funding you can find that too.
From insight and advice regarding the sometimes confusing subject about ones options regarding personal injury settlements and particularly structured settlement transfers (what's that all about?) this site is a great place to start your research about what is right for you.
Your life may change literally overnight with a big award from worker's compensation or a lawsuit, but don't end up like a lot of folks who end up with the cash and feel like it'll last forever. Much like some major winners in the lottery a lot of folks end up just as broke as they were a few years or even less after their windfall.
Get started on your education today.