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Selling Annuity and Insider Info from PPI Cash Needs Clarification

Posted by James Breen at 8 August 2008 4:30

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On July 16, 2008 PPI Cash, a factoring company out of Lake Worth , Florida has published a blog called "Non- Qualified Annuities Rule" offering tips "to structured settlement annuity recipients and lottery winners,"in following up to the recent IRS Private Letter Ruling obtained by IFS. The post needs some clarification to correct some errors in fact and context. PPI Cash: In a nutshell (which is hard to do with cases of these types) the non-qualified annuity can be used in a taxable damage .. click here.

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NewVantage Partners co-founder Paul Barth likes to tell the story of a commercial wholesale bank that saw the opportunity to grow business and customer satisfaction by up-selling existing customers. Its sales force had traditionally been organized around product lines, but the bank knew that cross-selling was an unexploited opportunity. The question was what to sell to whom Sales management decided to pull all its customer information into one place to look for patterns. By targeting ..[more].

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Dumping an expensive annuity Posted by kp August 5, 2008 10:39 A.M. If you're stuck with an expensive annuity that's costing you too much, here are the least expensive ways to get out. Question: I have invested in a variable annuity for the past three years, but my account's value isn't growing much at all. I also recently found out the annuities have commission fees and annual charges. I'm in my late 20's so I still have a long road ahead of me. I would like to convert my variable annuity ..ยป.

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