Why Are So Many Retirees Selling Annuity Payments for Cash?

    Written by admin. Posted in Purchasing structured settlements, Reduce debt, Sell annuity payments

    Financial management

    Starting in 2017, more than five million pensioners in the United Kingdom will finally be able to sell annuity payments for a lump sum of cash, and financial experts expect many of them to do exactly that. Here in the States, selling your annuity payments is already a common practice, as is getting cash for your structured settlement or lottery windfall.
    As with any other issue, you’ll find plenty of people offering advice on both sides of the issue, should you sell or should you keep your annuity? In England, many retirees were talked into buying low-value annuity products in the 90s, and many are now eager to finally u

    Common Misconceptions About Selling Your Annuity

    Written by admin. Posted in Lottery payments, Sell annuity payments, Selling fixed annuities

    Cash for your structured settlement

    When someone brings up the topic of selling your annuity, does your brain start to hurt? There are many misconceptions out there about cash for your structured settlement, and you have probably heard a lot of them. This list will help clear your mind and give you a better idea of what selling a structured settlement is really like.

    Selling an Annuity Costs a Lot of Money
    Variable annuities are offered by mutual fund companies who tend to charge low fees which are around 2%. There is a cost involved, but not as much as you may think. The fees vary depending on the company you work with, but most offer competitive rates, especially when you