A blog about cutting edge technology at its maximum pace.

Ritesh Warke On Sunday, January 23, 2011
If you are looking for an alternative to CDs or bonds for your IRA or pension consider structured settlement payment right, have a look below:

Some of the opportunities available this week for those seeking to buy structured settlement payment rights:

* Pay approximately $149,360 for a $220,000 lump sum payout 2/11/2018 IRR 5.4% Payments rights backed by a New York Life annuity. Holdover from last week.

* Pay approximately $76,971 for $2,275.00 per month starting 01/01/2015 and ending 10/01/2018 (46 payments). Total Payout $104,650 IRR 5.19% Payments rights backed by a Prudential Insurance Company of America annuity.
* Pay approximately $39,515 for a $500.00 per month payment starting 11/02/2010 and ending 10/02/2018 (96 payments) IRR 5.13% Payments rights backed by a Metropolitan Life Insurance Company annuity.
* Pay approximately $98,838 for $120,000 lump sum payout on 10/21/2015. IRR 5.01% Payments rights backed by a Symetra Life annuity.
* Pay approximately $44,238 for monthly payments of $3,000.00 per month starting 01/01/2013 and ending 05/01/2014 (17 payments) Total Payout: $51,000 IRR 5% Payments rights backed by a Allstate Life annuity.
* Pay approximately $21,193 for a $500.00 per month payment starting 11/02/2018 and ending 08/02/2025 (82 payments) IRR 6.00% Payments rights backed by a Metropolitan Life Insurance Company annuity.

Other opportunities with deferred start dates available with yields from 6-7%

Payment rights to the aforementioned can only be acquired via Court Ordered transfer directly from the selling annuitant.
Such opportunities are on a first come first serve basis.

Purchase of structured settlement payment rights may be suitable as an alternative for:

* Pension plans, IRAs and other qualified plans, where taxable payments are not an issue.
* People who are already receiving structured settlements, who like receiving structured settlement payments, who have a lump sum coming due soon from their other structured settlement and wondering what to do with some of that payment.
* Where there is a need for stable income and there are offsetting deductions.

Before attempting to purchase structured settlement payment rights do your homework, which includes a thorough analysis of your current and anticipated liquidity needs.

Add to del.icio.us • Email this • Digg This! • Share on Facebook • Discuss on Newsvine • Technorati Links

12:13 PM in " In Force" Structured Settlement Market, Secondary Market For Structured Settlement Payment Rights, Secondary Market Structured Annuities, Secondary Market Structured Settlements, Structured Settlement Payment Rights, Structured Settlement Payments, Structured Settlement Transfers | Permalink

Technorati Tags: " In Force", annuities, annuity, Buy, factoring, market, payments, secondary, Settlement, Structured, transfers

0 comments:

Post a Comment

New Users Register Here