sell annuity payment
Tue, 27 Jan 2015 16:29:46 GMT
Income is the outcome of a successful retirement plan
One reason Fischer hates annuities is that he is in the investment brokerage business. He makes money buying and selling investment products. If you already own an annuity, you may not be able to sell the annuity and move the money into brokerage ...
Sat, 17 Jan 2015 19:31:50 GMT
Use caution before selling structured settlement
“But that's not what you will get when selling the annuity,” Stone points out, adding, “because the buyer discounts these future payments by a certain percentage — the Discount Rate — which can range from single digits to well in excess of a whopping 20 ...
Thu, 15 Jan 2015 11:46:06 GMT
For sale: Unwanted annuity
The simplest solution would be that the annuity holder and the insurance company agree to cancel the contract, annuity payments cease and the investor is paid a lump sum by their annuity provider. However, this depends upon the annuity company and the ...
Mon, 12 Jan 2015 19:59:45 GMT
Why Annuities Are Often Sold, Not Bought
However, some annuities have a purpose for some individuals, particularly if they have a critical need for a life-long income stream. For this income stream, annuity buyers pay substantially. But this may be worth it for those who lack a retirement income ...
Sat, 10 Jan 2015 09:55:41 GMT
Steve Webb's hopes for a second-hand annuity market raise the prospect of ...
If you bought an annuity where payments would continue only for as long as the seller lived, you'd want that to be as long as possible. ... The Financial Conduct Authority has unearthed evidence of widespread annuity mis-selling and is investigating further.