Above-market yields are extremely attractive for a
cash acount alternative, but there are no guarantees. However, factoring
companies generally perform a rigorous due diligence examination of the defined
benefit plan and the plan participant. Most factoring companies have reserve
and escrow accounts for additional loss mitigation. In addition, many
structured cash flow settlements are purchased from federal, military and state
run plans who have with taxing authority.
Certified Financial Planner Joe Hipp is interviewed in this video blog.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More