written by reader What are ‘Section 1059 Plans’ teased in Passive Monthly Income from Robert Baillieul at Profit Confidential/Lombardi

By clemdane, December 13, 2019

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Excerpt:
”Companies hand out these little-known lump-sum cash payments that are up to 38 times bigger than the regular quarterly dividends they pay!”
”Have you heard of ”Section 1059 Plans?”
If not, you’re missing out on a fantastic source of extra income.
Last year, 173 large companies paid out billions of dollars in what we’ve dubbed Section 1059 Plans.
And thousands of investors cashed these checks or had the payments deposited directly into their brokerage accounts.
For example, Loretta* collected Section 1059 Plan payments totaling $151,206 — a rough average of $12,600 per month.”

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