my child was in a bad accident and the ins. co. has to set up an account for her, we set it up for her to start receiving payments at 25, really don’t want her to get a big wad of cash at 18. can she collect earlier?
slug, my concerns are that at 18 she may not be the most responsible, and she could get her hands on a large chunk of money and it may do more harm than good. i had a friend that this happened to, he inherited $90,000 and in 6 months was $40,000 in the hole.
Posts Tagged ‘Collect’
can a child that has had an annuity set up for them to collect at 25 get the money any sooner?
29
Apr
can i collect ss benefits at 62,work, and invest earnings above 14,600 in a annuity?
21
Apr
if i collect my ss retirement at 62, but continue to work, can i reduce my earned income to the required 14,660, by investing earnings over that amount into an annuity pre tax?
How do you collect early on a structured settlement?
19
Feb
Looking to make a life changing investment, but need funds from a ten year structured settlement to accomplish anything.
What Is The Best Way To Collect A Large Lottery Win? Annuity Or Single Payment?
12
Sep
Roughly what percentage of stated jackpot do you win with if collected by single payment?