Get Cash for Your Structured Settlement Payments

How To Get Cash Now For Future Payments

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Get Cash Now For Future Payments: Glossary

As you begin the process of selling structured settlement payments or an annuity for cash, understanding some of the following financial terms may help you.

If you need clarification on anything, simply dial 1-866-549-4069 to speak to the representatives at J.G. Wentworth or fill out the Get A Free Quote form.

Annuity - A stream of payments over a set period of time which result from a contract between an individual and an insurance company.

Annuity Issuer - The insurance company supplying the annuity.

Contract - A document between two or more parties that legally binds them.

Deferred Income Annuity - A type of income annuity which enables you to purchase, with after tax cash today, a defined amount of income to start at a future date. The annuitant benefits from tax deferral on the interest earned on the consideration placed in the deferred income annuity.

Escrow - An arrangement whereby a trusted, independent third party typically holds money or important documents until certain agreed conditions are met.

Funds Transfer - Money that is withdrawn from one account and placed into a different account.

Guaranteed Payments - Payments made regardless of whether the annuitant is living or deceased.

Liquidity - Money that is both accessible and readily available for use now.

Payment Stream - Payments received periodically from a structured settlement or an annuity.

Transfer Agreement - An agreement to transfer one's structured settlement payments to another party.

Getting cash now does not have to be a hassle. Get all the facts from J.G. Wentworth, one of the largest purchasers of structured settlement payments.

Call J.G. Wentworth at 1-866-549-4069 for a Complimentary, No-Obligation Quote or simply fill out the Get A Free Quote Form.