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What is annuity kind of cash flow?
Annuity is fixed sum of money paid every year in at any other fixed interval shorter than a year. This annuity may be by way of return of some principal plus interest payment of against money invested or by way of payment of other dues such as pensions after retirement. In any case it represents out flow of cash from one account to in flow of cash to another account. In this way all annuities involve movements of cash or funds. Therefore all annuities are cash flows that can be suitably represented in cash flow statements. An annuity will be represented as inflow of cash in the cash flow statement for the recipient of the annuity and out flow of cash in the cash flow statement of the person or firm paying out the annuity.
Can I transfer cash for a structured settlement into an annuity?
Many structured settlements are actually already in the form of an annuity. If for some reason they're not, it doesn't look like you could transfer them without using one of those cash-for-settlement companies and then buying an annuity with the payout.
What is the type of annuity in which the cash values are invested in securities?
This type of annuity would be a variable annuity. There are no guarantees on your interest and you may lose some or all of your principle. They do have the ability to grow at higher rates when the markets are up.
How can one calculate cash annuities?
The easiest way to calculate the value of a cash annuity would be to use an online annuity calculator. Some companies that feature this type of calculator on their website include Investopedia, Pine Grove, and Bank Rate.
What are the terms of borrowing against a fixed annuity?
You will need to ask your annuity provider what their terms are to get a loan against the annuity. There may also be some penalties.
What are some things to consider before deciding whether or not to sell your cash for annuity investments?
There are a wide variety of aspects to consider before deciding whether or not to sell your cash for annuity investments. One must consider whether the investments are reliable and secure.
For what reasons do people decide to sell their annuity payments for cash?
Some individuals may decide to sell their annuity payments for cash to meet current financial needs. These needs may include: lump sum investments, family vacation or a large purchase.
How does one sell annuity settlements?
One has to first prove that the annuity is theirs to sell. This requires photo identification, a copy of the annuity policy, a copy of the annuity application, as well as copies of tax forms in some instances. A broker can then be hired to sell the annuity, or a person can do it themselves. Woodbridge Structured Funding and Liberty Settlement Funding are two, of many, companies that offer online services to a person looking to sell an annuity.
What information is needed to use an annuity calculator?
There is some personal information that will be needed in order to use an annuity calculator, however, you do need the amount of money that is being calculated and for how long.
Where can the best annuity rates be found online?
There are many websites where one can find annuity rates. Some of these include Annuity FYI, Fidelity, USInsuranceOnline, and Annuity Rates Instantly.
If you die before the payments from the lottery prize and Jackpot Powerball your heir the rest of your cash prize?
"The estate will handle the lottery prize. A lottery annuity prize is just like any other asset. You can pass any remaining annuity payments on to your heirs or to anyone else. The Powerball game will even cash out an annuity prize for an estate. This may make it easier for the estate to distribute the prize. It also may be necessary to cash out the annuity to pay Federal estate taxes. We will sell some or all of the securities at competitive bid or will even just transfer the securities to the estate. We do not charge a fee of any kind. I think that this misunderstanding may come from the response that the prize "goes to the Estate" and some people hear "goes to the State." Source: http://www.freepowerball.net
Can you take some money out of the annuity from citi and then put it back with in 60 days?
Only if the annuity is an IRA or Roth IRA. A non-qualified annuity does not have this rule.
