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December 16, 2019

CBC Settlement Funding Lead Pimp Cites Rip Off Average Structured Settlement Factoring Discount Rate

by Structured Settlement Watchdog

Annuity.org claims that "The difference between what your annuity is worth and what you’ll receive in cash is a called a discount rate". A discount rate is a percentage rate used to convert future value to present value. The Annuity.org boneheads can't even articulate a critical factor to a calculation  that is intrinsic to their business and the business of their clients.  But then a fleeting wisp of hope followed by utter disgust.

"Both the buyer and the seller have a role in negotiating this percentage. The average discount rate is 12%" says Alanna Ritchie of Annuity.org, who is not the most reliable of writers, in my opinion. The paradigm has changed. Discount rates between 4.5%-6% are possible so if you're looking to avoid excessive payments being sucked out to sea with the current, stay away from the "rip off tide". 12% is nowhere close to a bellwether rate that sellers should shoot for.

I was recently contacted by an annuitant who did the right thing and shopped around on his own as an educated consumer. He was selling a substantial amount of payments and negotiated the deal down to a 4.4-4.5% discount rate .  Given the size of the deal, the rip off "average" rates cited by Alanna Ritchie and Annuity.org as average would have cost the seller big money. 

Annuity Org Discount rate

 

Annuity.Org Average Discount Rate of  is a Total Rip Off

 

 

Annuity.org barfs content that purports to be about structured settlements to generate leads for its structured settlement factoring partners. As I've shown time and time again, content published on Annuity.org about structured settlements is often riddled with inaccuracies. For years Annuity.org's exclusive structured settlement partner was CBC Settlement Funding.

Posted at 02:23 AM in Annuity.Org is UnReliable Again, Misinformation about Structured Settlement Factoring, Orlando Florida Structured Settlements, Structured Settlement Factoring News, Structured Settlement Transfers, Structured Settlement Watchdog® |

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Guide to Structured Settlements 2020

  • What is a Structured Settlement? How do I get a Structured Settlement?
    General explanation of structured settlements, including the stable guaranteed income and favorable tax benefits that give structured settlements their "juice" and a helpful introductory video featuring 2020 A.M. Best recommended structured settlement expert and Registered Settlement Planner John Darer® of 4structures.com® LLC
  • How Do Structured Settlements Work? Structured Settlement Diagram
    How structured settlements work, accompanied by 4structures.com® LLC's helpful structured settlement flow chart/diagram showing how structured settlements fit in with other settlement planning solutions.
  • Rated Ages and Structured Settlement Cost
    Rated Ages for Structured Settlement Annuities present advantages to all parties. Shift the mortality risk to a life insurance company whose business it it is to assess mortality risk to price its life insurance and annuities. Rated ages boost your structured settlement annuity benefit per premium dollar, or your yield on lifetime payments. Rated ages help to reduce the cost of funding a Medicare Set Aside arrangement where a Structured MSA, is being used { WCMSA LMSA or NFMSA].
  • Structured Settlement Annuity Companies 2020
    Which life insurance companies issue structured settlement annuities going into 2020? A list of current structured annuity issuers, the location of their home offices and their financial ratings from A.M. Best, Moodys, Fitch, Standard & Poors, links to their websites and other useful information.
  • Treasury Funded Structured Settlements
    Treasury Funded Structured Settlements are a settlement option for the most conservative using the OTHER permissible qualified funding asset under IRC 130(d), United States Treasury Bonds in addition to, or instead of, structured settlement annuities. Treasury Funded Structured Settlements can also be used to fund installment sales, also known as structured sales and other non qualified structured settlements.
  • Compare Structured Settlement IRR to Other Settlement Alternatives
    Use the Taxable Equivalent Yield chart to help compare the Internal Rate of Return (IRR) of a structured settlement to other alternative or complementary investments. Need help with the chart? Call 4structures.com® LLC at 888-325-8640
  • Structured Settlement Payments | Types of Structured Settlements
    Ways You Can Structure Your Settlement Payments. With a structured settlement you can have more than one type of payment in a single contract. Different types of structured settlement payments can be customized and combined to meet your needs on a stand-alone basis, or in conjunction with other financial products. Diversify your structured settlement, if you wish, by funding with more than one annuity issuer, with treasury funded structured settlements or even an index linked structured settlement.
  • Structured Attorney Fees for Tax Deferral for Contingency Fees
    Structured attorney fees is a financial strategy that offers a unique way to defer taxes for lawyers and law firms. Lawyers CAN structure their legal fees even if the plaintiff doesn't structure their settlement. There are multiple ways to structure your attorney fees, such as the an index linked structured settlement where payments are adjusted based on upside changes in the S&P 500 with no downside and a cap of 5%. Trial Lawyers may also use a special deferred pay/deferred compensation arrangement, if market based returns returns are desired with no cap. Plan NOW for year end! Put structured attorney fee expert John Darer® on your settlement planning team.
  • Structured Settlement Annuity Company Customer Service Phone Numbers
    Receiving structured settlement payments from your own structured settlement or inherited a structured settlement? You'll like this huge time saver. Click for a comprehensive list compiled by 4structures.com® LLC, that includes both current AND former structured settlement annuity issuers and reinsurers. If you have simple bank or beneficiary changes, or if the insurance company that issued the structured annuity has merged, sold or spun off its block of structured annuity business (e.g. Aviva, GE Capital, CNA) or changed its name and you're trying to track them down, here you go! The list is regularly updated. Last update April 2020.
  • Structured Settlement Quote Lock-Ins | What You Need To Know
    What does a Structured Settlement Lock-In Mean? How do plaintiffs, defendants and insurers benefit from a structured settlement quote lock in when finalizing a settlement? How does the defendant/insurer/court benefit from using a structured settlement lock-in? Where to be careful when using structured settlement lock ins.
  • What Are Structured Settlement Annuities?
    Structured settlement annuities are annuities that can provide one or more customized annuity payment streams in a single contract. Read about it here.

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  • Most states require that Testimonials represent the CURRENT opinion of the person who made the testimonial. Be prepared to back it up.
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