A company called Rescue Capital wants you to cash out your structured settlements with the justification being this piece of “donkey dung”:
While it is true that it is not certain that the tax rate will not rise in the future (it is more likely than not that it WILL eventually RISE) a rise in taxes will actually improve the intrinsic value of the structured settlement you are receiving.
- Assuming that your payments are from a personal physical injury or workers compensation settlement your payments should be income tax free.
- Simply refer to the taxable equivalent yield chart to see how the value of your return rises with the tax rates , without your having to do anything.
- Furthermore you must bear in mind that if you do business with a company like Rescue Capital you will be taking a haircut. You will be investing less money than the present value of our structured settlement payments. Beware the slick sales pitch!
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