October 2015 3
If you were to ever win half a billion dollars in the lottery, you could either take the money as a lottery annuity settlement, and get annual lottery payments you could use to support yourself or provide some financial stability, or you could take it as a lottery lump sum payout. While an annuity allows you to save money on taxes and prevents you from spending it all, it’s not quite as fun, is it? Who wouldn’t want to get some amazing, extrav (more…)
An annuity will give you an additional source of income, acting as a sort of financial safety net to help support you, but did you know that you can sell annuity payments? While it may seem scary to get rid of your financial safety net, selling your annuity can be a prudent decision. Here are just a few reasons why selling an annuity settlement can be a good idea.
A New Home.
The median cost of a new home as of September 2015 is $296,900, and the average cost is $364,100. That’s a lot. Fortunately, if you have an annuity, you can sell it, and use the money as a down payment. If there’s extra leftover, you can then put that money into the house, and improve it.
A New Vehicle (more…)
Payroll processing can be a tricky thing for any employer to manage, and for a company that has to manage a payroll processing system for employees in another country, the task can be even more difficult! For this reason, many companies operating internationally choose to outsource their payroll program to a payroll service provider — and if you think that it’s not necessary to do this when managing a U.S. business with Canadian employees, here are just a few ways that the two countries differ when it comes to taxes, employment, and payroll processing:
- It’s important to understand that firing an employee in Canada is going to cost your business (more…)
In nearly any business today, payment options are a major consideration for all parties involved. Put simply, everything costs money, and fortunately, many different helpful arrangements for making these payments exist. Business factoring, early payment options, lease to own programs, and more make it easier for any business or individual customer to obtain something that [...]
Choosing a mortgage lender is probably one of the most complicated financial decisions that you have to make when buying a house. The problem is that knowing the best mortgage companies is not easy especially if this is your first time buying a home. There are different lenders who are always more than willing to [...]
There are things that they do not teach you enough about in school that many people struggle to understand as the time comes to do them. One of those actions that should really be explained during high school is the key things that you should know when it comes to applying for auto loan options. [...]