Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: zeestephen
There is also a 30 year annuity option.

First year payment - $46.7 million

First year payment after 37% federal income tax - $29.4 million.

The pre-tax annual payments increase 5% each year, for the last 29 payments.

4 posted on 10/07/2023 9:31:19 PM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: zeestephen

I will take one cheque.
My confidence in there being an American government in thirty years is somewhat sedated.


6 posted on 10/07/2023 9:40:41 PM PDT by Jonty30 (It never rains in sunny Alberta. It always rains in rainy Alberta.)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: zeestephen

30 years is a long time. I don’t think you can pass the annuity to heirs if you die. Take the cash, invest and your better off And you can pass it on so your Kids can waste it.


18 posted on 10/08/2023 12:23:36 AM PDT by pepsi_junkie ("We want no Gestapo or Secret Police. F. B. I. is tending in that direction." - Harry S Truman)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson