Introduction to Immediate Annuities

Introduction to Immediate Annuities

Immediate Annuities

In an immediate annuity, the financial specialist begins getting installments promptly in the wake of making the speculation. This is for the speculator who needs a quick wage from his annuity. When you purchase an immediate annuity you can get installments for a specific time frame (generally five to a quarter century), installments for whatever remains of your life for you and/or your mate, or any mix of the two. You can even pick between a settled installment that does not shift or a variable installment that depends on market execution.


Are immediate annuity payments taxable?

On the off chance that you purchase the annuity with pretax cash, and then the whole adjust will be taxable. On the off chance that you use after-expense stores, in any case, then you’ll be saddled just on the income. In the event that your money out a conceded annuity in a single amount, then you’ll need to pay salary imposes on the greater part of the profit higher than your unique venture.


Reasons for buying immediate annuities:

An immediate annuity is an annuity that is obtained with a solitary single amount installment and in return, pays an ensured pay that begins very quickly. An immediate annuity is particularly reasonable for retirees who are worried about outlasting their funds.

A normal stream of wage: Immediate annuities are a decent source to gain a standard pay, particularly when one is not having a general wellspring of pay. Take for example resigned individuals. Choosing an immediate annuity will permit them to get a check of settled sum on a set date. This will likewise help them to arrange their costs.


Advantages of immediate annuities:

The advantage of avoidance proportion: Exclusion proportion alludes to that measure of annuity, which is not burdened as it is considered a reimbursement of the main sum. Consequently, just the intrigue is exhausted. In this way, immediate annuities draw in lower charges compared to other venture alternatives.

Assurance from lenders: Immediate annuities gives a pay, notwithstanding amid money related hardship. Many states in the US offer your prompt annuity, an assurance from the connection by leasers. Henceforth, prompt annuities can end up being a decent alternative when one gets to be distinctly bankrupt.

Better returns: At once, when financing costs are spiraling downwards and salary from other settled store roads are contracting; prompt annuities keep on offering alluring rates. For example, a report from the Los Angeles Times expresses that ‘the normal yield on tax-exempt currency advertise stores has tumbled to 1.87%, the most reduced level in seven years. On the other hand, prompt annuity presents ensured returns of 3% to 6%. Subsequently, many individuals are selecting immediate annuities to stop their assets.



Let us know in the comment sections below what your thought are, or if you have any questions about Immediate Annuities. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. It’s great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.

Countries That Will Overtake The U.S. Economy by 2050

Countries That Will Overtake The U.S. Economy by 2050

The USA has long been the King when it comes to the global economy. With a GDP greater than some countries like China and India, you would think they have locked in their position, and will never be knocked off their throne. Per a Report by Price Water House, the global economy is expected to double by 2050. So, what does that mean for the USA? Will they reign supreme decades from now? Well, the data suggests otherwise.

In 2030 China, which is currently second on line to the throne is expected to overtake the American economy by. That’s not all though. Eventually the USA will be knocked down another peg by the year 2050 Well if the predictions by Price Water House turns out to be accurate, India will come in second to China, with the U.S. rounding out the top three.

John Hawksworth, chief economist at Price Water house said, “By 2050 we project China will be the largest economy in the world by a significant margin, while India could have edged past the US into second place and Indonesia have risen to fourth place.”

On a different basis, like the PPP, Indonesia is expected to have a significant jump from the eight to the fourth largest economy in the world. Brazil is also expected to make a jump from seventh to fifth. Japan however, is expected to fall from fourth to eighth, Germany from fifth to ninth and the U.K. from ninth to 10th. France is expected to be bumped out of the top 10 completely.

The trend of moving away from established advanced economies, like many countries in Europe, and looking towards emerging economies in Asia and elsewhere is something we will begin to see. Countries like Brazil, China, Indonesia, Mexico, Russia and Turkey will see average annual economic growth hit nearly 3.5 percent over the next three decades and change.

“This shift of global economic shift in power will largely be driven by China and India. The report said. “For the advanced economies, growth is projected to be much lower on average compared to the emerging economies between 2016 and 2050.”

PwC ends it’s report by stating these results are more of a potential outcome rather than what “will” happen, saying that the world is “entering a period of considerable political, social and economic uncertainty.”

“Of course, we should not dismiss political shocks like Trump or Brexit to the extent they point to deeper structural shifts, notably a populist backlash against globalization, automation and the perceived impact of these trends in increasing income inequality and weakening social cohesion,” Hawksworth said. “These trends pose real policy challenges across the developed world and beyond and … there is no silver bullet to address these concerns.”



What do you think about this report? Let us know in the comment sections below. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. It’s great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.

IRS Phone Scams: 5 Things to Watch Out For

IRS Phone Scams: 5 Things to Watch Out For


Have you ever been on the phone with someone who claims to be a representative of some sort of official government agency, but something just doesn’t seem right? They use all of the right words, and possibly even answer some questions you may have. Then they start inquiring about your personal information, and make claims that you owe an amount of money you were unaware? If you’ve had this sort of experience, and were smart enough not to give them anything to work with, you are a part of a very lucky group of individuals.

Millions of people are the victims of these horrendous scams each year. Some people can smell a rat from a mile away, and never fall victim to these crimes. Others however, are not as keen. It also doesn’t help that these criminals have begun to perfect their craft in recent years. So how can you keep yourself safe? How do you know the person you are talking to on the phone is actually an IRS Representative and not some Money Grabber in Nigeria? Here’s 5 things to watch out for when talking on the phone with supposed IRS agents.


1. Demand to Set Up Immediate Payment Method

I will keep it very simple here. The Keyword is “Demand.” If they are demanding that you pay some debt you know nothing about, they you should hang up. Even before that, hang up if they try telling you that you owe some ridiculous amount of money you are unaware of. The whole goal of these scammers is to cause fear and panic, and have you react.


2. Threaten You with Jail Time

Piggy Backing off of the last point. The more they get you to freak out, the more inclined you will be to whip out your credit card. I have seen videos of scammers on the phone with people, saying things like, “If you do not pay the $7,000 I will have to have you arrested.” For a person who is unaware of these criminals schemes, they will feel like they have to do something because they don’t want to go to jail. A lot of elderly people fall victim to these scams, and its truly heart breaking.

3. Ask You for Your Credit/Debit Card Number Over the Phone

This will usually come immediately after they threaten to call the cops on you and throw you in prison. They have got you in a state of panic, and they are ready to seal the deal. Frantic about the potential police officers zooming to your location, you whip it out and read off the numbers on the front and back of your card, hoping they will call off the cops if they get the money you owe them.

To you, this may sound kind of silly. You might be thinking, “Anyone with half a brain could figure they are being scammed over the phone.” While I might agree with you that perhaps the average person might be able to uncover a scheme of such magnitude, the scammers of today are evolving. Changing their tactics to target people who vulnerable and easily influenced. It certainly seems to be working for them. This IRS scam brings in millions of dollars a year. Leaving people in utter and total financial ruin.

4. Call You Out of The Blue to Pay a Refund Due to You

Here’s an angle that’s a little craftier. If you get a call from the IRS telling you they want to refund money to you, you are more likely to be trusting. Why? Because they aren’t asking you to pay any money. What do they still get if you cooperate? Your banks information. Why? Because they will need it to “transfer” the funds into your account. If they get your account info, it’s all over.


 5. Deny You the Chance to Appeal the Amount You Owe

If you are being told that you owe an incredible amount of money, you have the right to challenge that claim. Especially if you know that you don’t owe the money. IRS Scammers will not let you even consider appealing the amount they are telling you that you owe. For them, they will do everything they can to get you to give up your information without really thinking it through.



It’s all pretty simple stuff. Just keep it in the front of your mind next time you get a call from someone suspicious. I certainly hope this helps keep some people safe. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. It’s great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.

American Financial Solutions Review: 5 Stars

American Financial Solutions Review

In this American Financial Solutions Review, we are talking about company that specializes in debt resolution located in Seattle, WA. We have good some great things about American Financial Solutions. So We thought we should check them out and put our thoughts into this American Financial Solutions Review.


American Financial Solutions Review: Introduction

American Financial Solutions is a well known, respected, financial education and credit counseling agency that helps clients find debt solutions and change their financial lives for the better. Since 1999, American Financial Solutions has worked with thousands of clients across the United States. Since inception, we have assisted over a million clients and have helped more than 250,000 pay off over $42 billion in debt.

American Financial Solutions Review: Services Offered

When it comes to helping you with your financial needs, American Financial Solutions is ready to help you get your life back on track. All of their services gravitate around getting you free from the burden of major financial obligation. In this American Financial Solutions Review, we found that they offer help with Credit Counseling, Debt Management, Student Loans Counseling, Bankruptcy (Pre-Bankruptcy Counseling or Post Bankruptcy Debtor Education, and Housing (Home Ownership Counseling or Foreclosure Prevention Counseling.)
You usually don’t see a whole lot of companies that offer this range of services. Usually, a lot of companies really specialize in one particular area. So the fact that American Financial Solutions offers this many services could easily be perceived as a potential red flag. Though, Judging by their accreditation, and accolades I don’t think there’s anything to be worried about.


American Financial Solutions Review: Accreditation

In this American Financial Solutions Review, we found that American Financial Solutions holds some of the most prestigious accreditation’s in the land of business and finance. First and most importantly, They hold an accreditation form the Better Business Bureau. On top of that accreditation, they have an A+ rating. Which is no easy thing to acquire. The Better Business Bureau has a lot of hoops that every single business has to jump through.
The Majority of companies don’t even get a rating. The Point I am trying to make is that it’s a long way to the top, and somehow American Financial Solutions has found it’s way there. They are also a member of the National Foundation for Credit Counseling (NFCC), and The Financial Counseling Association of America.


American Financial Solutions Review: Consumers Testimonials

Here’s a testimonial from a consumer that is straight form the Better Business Bureau Page:
“I just entered into an arrangement with America Financial Solutions about four months ago. I’m a person that has a fairly high income, but my 23 year old daughter became very sick with a rare blood clotting disorder and I just couldn’t keep up with my monthly payments. I seriously investigated all of my options. Bankruptcy chapter 7&13 because of my income it just didn’t seem like the right choice for me, so I looked into a debt management plan and I found out that using a real not for profit organization like American Financial Solutions was the best option for me. I pay about 200 dollars less a month than the estimate an Attorney gave me for a chapter 13. I feel better because I’m actually paying my creditors the money I borrowed from them . I’m not a good negotiator, but the people at American Financial Solutions did all of that for me and I can’t thank them enough. I really like this company and I would recommend them to anyone having serious financial difficulties.”


American Financial Solutions Review: Conclusion

In this American Financial Solutions Review, The CFRB gives this Company 5 stars. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. It’s great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.

Zephyr Real Estate Review: 5 Stars

Zephyr Real Estate Review

In this Zephyr Real Estate Review, we are talking about a company that has Ignited San Francisco’s entrepreneurial spirit. Zephyr Real Estate opened it’s doors in 1978. Zephyr Real Estate is built upon a strong foundation of exceptional client care. Zephyr Real Estate has become stronger as they preserve their level of integrity, personal attention, professionalism and dedicated service.

In this Zephyr Real Estate Review we found  that they have over 300 agents who generate over $2.3 billion in annual sales. Another thing we found in this Zephyr Real Estate Review is that they have six offices with their main office located in Marin County. Through our enduring efforts, we have found that Zephyr Real Estate has fostered a strong brand to become one of the top property sellers in San Francisco. One of the things we found in this Zephyr Real Estate Review is that Zephyr Real Estate has cultivated itself as a destination company for a wide cross-section of agents and staff, with various types of life experiences and skills that strengthen our collaborative environment. By striving to increase the quality of life for our staff and creating an atmosphere that our agents can flourish in.



When it comes to the services that Zephyr Real Estate offers, it’s pretty straight forward. They act as mediators between buyers and sellers. That’s pretty much everything that a regular real estate company does. It’s hard to rate a company that is based in the world of finance on their ingenuity and distinction from other companies. All you can really rate them on is their ability to perform properly as a mediator, and I guess you can determine whether or not they treated you nice, and whether or not you should take that into account when reviewing said company. Even if a company can offer some distinction, it may be something like what Zephyr offers. Which is tech based support, and perhaps some communication through places like Facebook and twitter. Zephyr buyer services include:

  • Technology. As Zephyr agents, we are tech-enabled, so you don’t have to be. Connecting with you is always personal. While we utilize the best-in-class technology to efficiently manage the buying process, you can focus on what matters to you.
  • Local Connections. The Bay Area has been our home since 1978, and we know it well. Whether you are a long-time resident or new to the area, we will be by your side providing up-to-the-minute information and proprietary market intelligence to help you close the best deal.
  • Personal Guidance. We pride ourselves in our cadre of superior agents and culture of collaboration. We will guide you through the home-buying process from reviewing documentation and proposing the best offer price, to closing the deal while empowering you to make smart decisions.
  • Inspection Assistance. When you want to take a closer look at a property, we will be by your side. We will provide you with a short-list of established inspectors, attend the inspections with you and offer skilled direction on moving forward.
  • Closing Assistance. Zephyr knows that the escrow process can be just as overwhelming as the beginning stages. We will support you through signing the closing papers and assist you in handling any last-minute details. We’ll even spring for coffee at the end of the signing.


Consumer Testimonials  

Here is a testimonial from Yelp we came across in this Zephyr Real Estate Review:

“Worked with Peter Goss and Joost Van de Water and found them to be highly seasoned, stellar agents, with a lot of integrity. Would recommend them without reservation and whole-heartedly. They work together as a business team (which was kind of like getting double the agent power), were highly available and receptive to and patient with our (many!) questions, had an excellent sense of property value and aesthetics (often enabling them to point out flaws in prospective properties that we would not otherwise have noticed) and were also masterful in dealing with transnational/financial details of bidding.  Most importantly, they seemed genuinely more concerned with getting us into something that matched our needs and values vs. a pressured sale.  They exude a sense of wanting to do things well and right by their clients.

While touring properties throughout our housing hunt, list agents at open houses would often say things like “oh, you’re in really good hands” when we’d mention our agents names.  And they were right.  Their excellent reputation is well-deserved.  Especially given the current heated marked, I really believe that working with them made all the difference for us. In short, we’re very happy with the outcome (which is that we are in a house that we’re thrilled with) but (less intuitive given current market challenges for buyers) we were also very happy with the process along the way, and attribute that to the high degree of professionalism and hard work that both Peter and Joust consistently show.”



In this Review of Zephyr Real Estate, The CFRB gives this Real Estate Company 5 stars. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. It’s great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.

Gershfeld Law Group Review: 4 Stars

 Gershfeld Law Group Review


In this Gershfeld Law Group Review, we are going to be talking about a law group that has been helping people for quite a while now. The Gershfeld Law Group provides a variety of legal services, ranging from Debt Relief to Civil Litigation and Business Transactions. We pride ourselves in providing excellent legal service with a personal touch. At the Gershfeld Law Group, you are not just a name. We take pride in having a personal relationship with each one of our clients.

At the Gershfeld Law Group, they understand that the difference between success and failure is a good strategy. They goal is to put their clients in a position of strength so they can effectively achieve their goals. They do that with proper leverage and excellent negotiation skills.

The founder of the Gershfeld Law Group, is a civil litigator and trial attorney with almost seventeen years of experience handling complex personal injury lawsuits, medical and dental malpractice lawsuits, civil rights lawsuits, employment related lawsuits and construction defect lawsuits.



In this Gershfeld Law Group Review, we found that they specialize in a few different areas. Foreclosures probably being the most prominent.  The truth of the matter is foreclosures are still on the rise. The Gershfeld Law Group can help you file a civil lawsuit against the bank or your loan service provider. If you are in the process of a foreclosure, there may be various defenses available to you, such as seeking a loan modification, short-selling the property, filing for bankruptcy protection (which will place an automatic stay of the foreclosure thereby allowing you to stay in your home longer), or giving the lender the deed instead of foreclosing on the property. They also, deal in things like Debt Consolidation, and Bankruptcy. Pretty much anything that requires legal representation in the world of finance.
One thing we found in this Gershfeld Law Group Review is that their attorneys collectively have over 100 years of litigation experience. and have represented individuals and business in a wide variety of legal disputes, involving all kinds of contract issues, promissory notes, leases, business and partnership disputes, real estate disputes such as quiet title, neighbor disputes, commercial landlord/tenant matters, boundary disputes, and adverse possession.

According to their Website, they have all the attributes a law firm should have. A good law firm should have:

  • Knowledge of your industry
  • Hands-on experience
  •  Ability to handle all legal matters involved
  • Capability of taking a project from start to finish
  • Attention to detail
  • Excellent Negotiation Skills


Their lawyers have extensive experience and knowledge of residential and commercial real estate issues. Including:

Short Sales

  • Purchase and sales agreements
  • Retail, industrial and office leasing
  • Condominium and planned community documents
  • Partnership and joint venture agreements
  • Financing documents
  • Title and survey issues
  • Declarations of easements, covenants and restrictions
  • Land use and zoning restrictions
  • Environmental compliance and “brownfields” development
  • Construction contracts
  • Loan workouts
  • Agent disputes


Consumer Reviews

Despite the amount of time the company has been in business, and the rating it has on the BBB, WE found it incredibly difficult to any consumer feedback. The feedback we did find was in contrast to the rating it was given. So it might give perspective to you, the consumer.

One Consumer in this Gershfeld Law Group Review said: “When asked how they get paid, they would only say “no money from your pocket – the money is taken from the settlement with the companies (very vague) I later found out that they take some of the money that you are sending to satisfy your debt, and I believe they take their money first. Upon examination of the document sent to me when I requested a breakdown of all the money I sent, I found large amounts taken for fees (including incentive-type fees) to various members of the debt settlement division. All and all the company was not honest and “up front” about how it works.”



In this Gershfeld Law Group Review, The CFRB gives this company 4 stars for really setting the bar. Check our Resources page for a list of trusted companies, which have received 4 stars or better. Check Our Reviews page for more insight into trusted companies. Check our site for reviews of all kind. Its great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there. Check out the previous post by clicking here.