by Structured Settlement Watchdog®
CBC Settlement Funding shills are not known for providing accurate information about structured settlements. As I've outlined previously CBC Settlement Funding just don't seem to care about legitimacy or accuracy as long as they keep getting leads from Annuity(dot)org and StructuredSettlements(dot)com
Alanna Ritchie is a staff writer for Annuity(dot)org whose responsibilities include completing web research according to her LinkedIn profile.
Questions arise about Alanna Ritchie "completing web research" effort after she offered this highly questionable piece of information in relation to minors and structured settlements
Ritchie says "The overall rate of return is fixed, assuring the same payment each time. The yield typically ranges between 3 and 10 percent'
Muddled and Befuddled
Alanna Ritchie offers absolutely no support for a "typical" return on structured settlements with that range because there is no support.Ms. Ritchie wasn't even potty trained when structured settlement yields were last at 10%.
- Kitces.com 'A recent offering of rising popularity is investing into structured settlement annuity contracts, which often claim to offer “no risk” rates of return in the 4% to 7% range. In general, the opportunity for “high yield” (at least relative to today’s interest rates) and “no risk” is a red flag warning.'
- Online chat rooms and my reader mailbox are abuzz over the yields of 5.75% to 7.75% offered by an unusual instrument called a "factored structured settlement" or "secondary-market income annuity. Jason Zweig Wall Street Journal July 23, 2010
The structured settlement secondary market examples are not structured settlements, but structured settlement payments rights, which are not accorded the same tax status as structured settlement payments made to or for the benefit of a minor plaintiff which represent damages on account of their personal; physical injuries, physical sickness or wrongful death