Comments for Structured Settlements http://structuredsettlementsnewsandinfo.com/annuities "Structured Settlements" - Buying, Selling and Investing in Annuities Thu, 09 Sep 2010 09:59:07 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Has anyone sold a structure settlement to a company? by rcartwell http://structuredsettlementsnewsandinfo.com/annuities/has-anyone-sold-a-structure-settlement-to-a-company/comment-page-1/#comment-1612 rcartwell Thu, 09 Sep 2010 09:59:07 +0000 #comment-1612 All companies will charge you a fee there is no way around that. I would recommend Law Leaf. http://www.lawleaf.com All companies will charge you a fee there is no way around that. I would recommend Law Leaf. http://www.lawleaf.com

]]> Comment on What's the downside to indexed annuities? by Showbizzz http://structuredsettlementsnewsandinfo.com/annuities/whats-the-downside-to-indexed-annuities/comment-page-1/#comment-1611 Showbizzz Thu, 09 Sep 2010 04:55:53 +0000 #comment-1611 yes- check the fine print for the fees-- they will be very high... but in very small print. why f around with an annuity indexed to the S&P when you can buy S&P etf for minimal expense. Don't get brokered by your crooked advisor/broker. Drop them immediately. yes-

check the fine print for the fees–

they will be very high… but in very small print.

why f around with an annuity indexed to the S&P when you can buy S&P etf for minimal expense.

Don’t get brokered by your crooked advisor/broker.

Drop them immediately.

]]> Comment on What's the downside to indexed annuities? by Slider728 http://structuredsettlementsnewsandinfo.com/annuities/whats-the-downside-to-indexed-annuities/comment-page-1/#comment-1610 Slider728 Thu, 09 Sep 2010 04:55:53 +0000 #comment-1610 I've never heard of such a deal. Is it too good to be true? On the surface, not really. As the other answerer said, read the fine print very carefully. What I expect is going to happen is that during the good years, the company will invest a majority of your funds in the S&P 500. They'll probably take some money and invest it, try and earn a higher ROR than the S&P 500, and keep the change. In bad years, the company will probably invest the money in some bond funds or another investment vehicle that tends to have a ROR inversely related to the stock market. During these times, you earn nothing and the company makes 8% and keeps the change. What would I expect to see in the fine print? Probably some pretty high administrative fees. There will probably be some pretty major penalties if you need to get at the money before the annuity starts the payout. Too good to be true? No. Do I smell something rotten? Not quite sure...I would proceed with caution though. Annuities should be an investment of last resort. An annuity should be something you invest in after your 401K and IRAs are maxed out (assuming you are investing for yourself). If you are setting up on someone else's behalf (say leave money to a grandchild), then....whatever floats your boat. Make sure you stick with a reputable company. I haven't looked into them in detail, but Vanguard annuities look to be low cost and friendly regulations. Personally, I would only invest in an annuity with a company that also controls mutual funds. If the company controlls billions of assets over a period of years with no regulatory issues, I might consider investing in an annuity with them (but that is just me) I’ve never heard of such a deal. Is it too good to be true? On the surface, not really.

As the other answerer said, read the fine print very carefully.

What I expect is going to happen is that during the good years, the company will invest a majority of your funds in the S&P 500. They’ll probably take some money and invest it, try and earn a higher ROR than the S&P 500, and keep the change.

In bad years, the company will probably invest the money in some bond funds or another investment vehicle that tends to have a ROR inversely related to the stock market. During these times, you earn nothing and the company makes 8% and keeps the change.

What would I expect to see in the fine print? Probably some pretty high administrative fees. There will probably be some pretty major penalties if you need to get at the money before the annuity starts the payout.

Too good to be true? No. Do I smell something rotten? Not quite sure…I would proceed with caution though.

Annuities should be an investment of last resort. An annuity should be something you invest in after your 401K and IRAs are maxed out (assuming you are investing for yourself). If you are setting up on someone else’s behalf (say leave money to a grandchild), then….whatever floats your boat.

Make sure you stick with a reputable company. I haven’t looked into them in detail, but Vanguard annuities look to be low cost and friendly regulations.

Personally, I would only invest in an annuity with a company that also controls mutual funds. If the company controlls billions of assets over a period of years with no regulatory issues, I might consider investing in an annuity with them (but that is just me)

]]> Comment on How does time owed affect an SRB lump sum payment? by raider216 http://structuredsettlementsnewsandinfo.com/annuities/how-does-time-owed-affect-an-srb-lump-sum-payment/comment-page-1/#comment-1609 raider216 Thu, 09 Sep 2010 04:51:34 +0000 #comment-1609 It would take me too long to sit here and figure out how answer this question with the amount of information given. But below are some helpful links. The First Link is to the instruction that governs the SRB program. Check out enclosure 1 and the section that reads SRB Computation. Second link is to the NPC website page that talks about SRB's Third Link is the the New NAVADMIN that talks about the most recent changes to the SRB Program and the award levels. SRB will be calculated as follows: The number of months re-enlisting for, minus, the number of months you are already obligated for.Divide that by 12. Multiply your adjusted months by 1 month of your base pay at the time of reenlistment. Multiply that by your award level. and that's your total payment before taxes. It would take me too long to sit here and figure out how answer this question with the amount of information given. But below are some helpful links.

The First Link is to the instruction that governs the SRB program. Check out enclosure 1 and the section that reads SRB Computation.

Second link is to the NPC website page that talks about SRB’s

Third Link is the the New NAVADMIN that talks about the most recent changes to the SRB Program and the award levels.

SRB will be calculated as follows:
The number of months re-enlisting for, minus, the number of months you are already obligated for.Divide that by 12. Multiply your adjusted months by 1 month of your base pay at the time of reenlistment. Multiply that by your award level. and that’s your total payment before taxes.

]]> Comment on How does time owed affect an SRB lump sum payment? by D S http://structuredsettlementsnewsandinfo.com/annuities/how-does-time-owed-affect-an-srb-lump-sum-payment/comment-page-1/#comment-1608 D S Thu, 09 Sep 2010 04:51:34 +0000 #comment-1608 Is this your first enlisment or second, also there are certain rates/mos that would make it hard to awnser. Just saying Critical doesn't narrow it down. Is this your first enlisment or second, also there are certain rates/mos that would make it hard to awnser. Just saying Critical doesn’t narrow it down.

]]> Comment on Is it fine to buy Insurance settlement claim vehicles? by OK yeah well whatever http://structuredsettlementsnewsandinfo.com/annuities/is-it-fine-to-buy-insurance-settlement-claim-vehicles/comment-page-1/#comment-1607 OK yeah well whatever Tue, 07 Sep 2010 21:38:28 +0000 #comment-1607 Some of the damage, to the engine and the interior of the vehicle, are likely to not show up until months later. On the vehicle interior, we're talking molds, possibly toxic...other chemicals may have seeped into the vehicle's interior that you do NOT want to be sitting on. You'll have rust problems in the engine parts, problems with the different computers. There's a reason why they were totalled out and I wouldn't do it. It's one of those things that SOUNDS like a better deal than it really IS... Some of the damage, to the engine and the interior of the vehicle, are likely to not show up until months later. On the vehicle interior, we’re talking molds, possibly toxic…other chemicals may have seeped into the vehicle’s interior that you do NOT want to be sitting on. You’ll have rust problems in the engine parts, problems with the different computers. There’s a reason why they were totalled out and I wouldn’t do it. It’s one of those things that SOUNDS like a better deal than it really IS…

]]> Comment on Is it fine to buy Insurance settlement claim vehicles? by David A http://structuredsettlementsnewsandinfo.com/annuities/is-it-fine-to-buy-insurance-settlement-claim-vehicles/comment-page-1/#comment-1606 David A Tue, 07 Sep 2010 21:38:28 +0000 #comment-1606 You can buy one cheap, the hidden repairs will break the bank book. With all the electronics on todays cars is just a start. Water and electronics don't mix. Insurance companies would have flood car repaired is if could be. They are out to make a buck You can buy one cheap, the hidden repairs will break the bank book. With all the electronics on todays cars is just a start. Water and electronics don’t mix. Insurance companies would have flood car repaired is if could be. They are out to make a buck

]]> Comment on Is it fine to buy Insurance settlement claim vehicles? by Merry Christmas !!! http://structuredsettlementsnewsandinfo.com/annuities/is-it-fine-to-buy-insurance-settlement-claim-vehicles/comment-page-1/#comment-1605 Merry Christmas !!! Tue, 07 Sep 2010 21:38:28 +0000 #comment-1605 better to stay away from them - they can b but if you dont know what you are doing you can get over your head better to stay away from them – they can b but if you dont know what you are doing you can get over your head

]]> Comment on Is it fine to buy Insurance settlement claim vehicles? by njschriver@sbcglobal.net http://structuredsettlementsnewsandinfo.com/annuities/is-it-fine-to-buy-insurance-settlement-claim-vehicles/comment-page-1/#comment-1604 njschriver@sbcglobal.net Tue, 07 Sep 2010 21:38:28 +0000 #comment-1604 yes as long as you think you can handle the repairs yourself. alwas look really close to make sure that thier is not more damage then they claim yes as long as you think you can handle the repairs yourself. alwas look really close to make sure that thier is not more damage then they claim

]]> Comment on Is it fine to buy Insurance settlement claim vehicles? by ray p http://structuredsettlementsnewsandinfo.com/annuities/is-it-fine-to-buy-insurance-settlement-claim-vehicles/comment-page-1/#comment-1603 ray p Tue, 07 Sep 2010 21:38:26 +0000 #comment-1603 I really like your question, please go to my website http://www.usedcartips.org/ scroll down and click on flood damaged vehicles to watch a 3 min video that will change your mind about buying any vehicle with flood damage. I really like your question, please go to my website http://www.usedcartips.org/ scroll down and click on flood damaged vehicles to watch a 3 min video that will change your mind about buying any vehicle with flood damage.

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