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re: Powerball-cash vs annuity
Posted on 1/9/16 at 8:12 pm to prplngldtigr
Posted on 1/9/16 at 8:12 pm to prplngldtigr
What % do they use to figure cash value?
1
Posted on 1/9/16 at 8:18 pm to yellowfin
Looks to be about .62
Lump sum all day long for me, but some people the annuity might be better
Lump sum because I then have the option of how I want to invest which includes buying the same annuity that they were going to set me up with, but the biggest reason is income tax, take it all right now and pay the tax, because the tax rate will do one of three things , stay the same, go up or go down,.... Want to bet what I think they are going to do?
Lump sum all day long for me, but some people the annuity might be better
Lump sum because I then have the option of how I want to invest which includes buying the same annuity that they were going to set me up with, but the biggest reason is income tax, take it all right now and pay the tax, because the tax rate will do one of three things , stay the same, go up or go down,.... Want to bet what I think they are going to do?
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