Sell My Annuity.org
Sell My Annuity
Find useful information and help when looking at selling your annuity, or structured settlement. Understand the process, what options you have, and how to get the most cash for your structured settlement or annuity.
What are Annuities? An Annuity is a financial product. Financial institutions will use an annuity to accept funds from an individual, grow those funds, then pay those funds out to the individual at a later date in the form of payments.
The annuity is designed to provide a steady cash flow to an individual. Some popular forms of annuities may come in the form of structured payments from a will, an insurance claim, or a court settlement.
Reasons to Sell My Annuity
Time Real Estate Purchase Education Investing Debt Relief
Annuities are used to take advantage of a popular economic principal. The Time Value of Money. By delaying the payments, financial institutions can use the money to earn interest. If you have a reason to think that you need the money sooner than the payment plan put forth by the annuity, it may be a good idea to cash out your annuity for one lumpsum.
Real Estate Purchase
The real estate market changes every day. If you find that it would be beneficial to take advantage of the market by purchasing a property right now, it may make sense to cash out your annuity for a new investment.
Education There is no time like the present to invest in your own future. An education may pay off much better than future structured payments of an annuity.
Whether you are looking at taking advantage of the market, or you are investing in your own business, the annuity payout may be the needed push to take your career and finances to the next level.
One of the most common, and understandable, reasons to sell an annuity is to relieve debt. It's like the old analogy, "you can't dig yourself out of a hole". By selling an annuity, you can use that money to relieve your debt and get a fresh financial start.