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Cash in by cashing out By Jason Rigler
3 ways you win by not waiting for future payments. A lawsuit winner, an annuity holder, and a lottery or jackpot winner may have one thing in common; they are likely receiving payments spread out over time. Whether they never had the option of taking all their money up front, or circumstances induced a long-term payout, there are currently safe and legal options to cash in future payments for a lump sum. Waiting out the long-term payout may or may not be the best choice. There are at least 3 ways to win by not waiting out the terms of the payout.
Time value of money Inflation eats away at the value of the dollar. A simple example is the cost of a movie ticket, just a $1 in 1969 and today you could pay as muc... [ Read Article ]
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