Here’s Why People Hate Annuities

Written by Chris on . Posted in Get settlement money now, Sell my structured settlement, Structured settlement money

Settlement annuity payments

Some people love annuities. In fact, over 90% of people who own an annuity still have their first one. However, there is the camp that hates annuities with a burning passion and who will give you a number of reasons why you should avoid owning one. There are generally two ways that people come to own annuities. The first is outright buying annuities — usually to help manage money in retirement. The second is as the result of a personal injury case — settlement annuity payments are usually used and encouraged since they are tax sheltered. Here are a few of th