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Selling a Structured Settlement: Reasons to Convert a Structured Settlement Payment to Cash
If you are due a large sum of money for any reason, chances are that you received a lump sum of cash or are getting settlement payments over time. But even if you are receiving steady payments, you may also have the option of converting them to cash if your financial...
Annuities for Retirement: When to Sell Your Retirement Annuity for a Lump Sum of Cash
As you plan for retirement, you have many options, including retirement annuities. Here we take a closer look at when to consider annuities for retirement and whether this financial route may be the best for you. How Do Annuities Work for Retirement? Annuities are...
How Annuities Work: Should I Choose a Partial Lump Sum or Higher Monthly Pension Payments?
Many people wonder “what is an annuity?” and “how do annuities work?”. Annuity payments are part of a long-term investment strategy issued by an insurance company to prevent you from outliving your income. These periodic payments can last for years or for the rest of...
6 Ways Novation Customers Have Seized Their Second Chance
What happens when someone trades in their monthly structured settlement payments for a lump sum? What are some of the most productive and powerful ways customers have changed their lives? We spoke with Novation Senior Funding Executive John Brandes who, over the...
5 Tips for Paying Off Student Loans
In today’s world, student loans are simply a part of life for those who attend institutions of higher education in America. Loan debt has a way of hanging over students’ heads and making them feel stuck in less-than-ideal situations because of the money they owe. That...
Advantages of Lump Sum Payments
Plaintiffs who have suffered a personal injury are often entitled to a settlement, which can be handled in a few different ways. With a lump sum payment, a plaintiff receives the entire settlement all at once upon the resolution of a case. Lump sums can be...
Benefits of a Personal Injury Structured Settlement
If you were awarded a settlement because of an injury you suffered, you likely have many questions about how this money will impact your taxes, existing benefits, and financial future. You can receive a lump sum from your settlement and decide how to invest it all at...
Tips for Preparing for Tax Season
If you’re like many Americans, you dread putting together the documents and filling out all the required forms to file taxes. But if you’re anticipating a refund this year, all of those headaches might be worth it in the end! Of course, the best way to get ready for...
An interview with Novation’s Senior Vice President of Marketing, Dom Cimei
What does it mean to get a second chance? Why is the new Novation Second Chance campaign resonating with so many people who are wondering how to best handle their structured settlements? This week, we sat down with Dom Cimei, Senior Vice President of Marketing at...
Annuity Settlements vs. Lump Sum Payments
If you have been involved in a minor or moderate personal injury case, it might make the most sense to take a lump sum payment to resolve your claim. However, annuity settlements are often recommended for cases that involve serious injuries and that require ongoing...
