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Selling Annuities

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Selling Annuities

What is an annuity?

An annuity is a regular income flowing monthly that a person receives through
an investment. You can get this series of payments after your initial
investment of money. Annuities are usually related to a contract between you
and a life insurance company, but a charity or a trust can also be contracted
for this same purpose.

Why would you want to sell annuities?

You are probably wondering what possible reason you can get from selling
annuities. Here is a reason why. Annuities are, in general, highly safe
investments. But considering the long run, they have relatively low returns
compared to some other alternatives. So what you can do is to make it a
short-term investment.

Selling an annuity will give you a lump-sum payment. Doing this is a way of
spreading your assets around, reducing financial risks and increasing your
potential of getting good profits from these assets. This can be especially
useful if you are in need of money for a large purchase such as purchasing a
property or settling a loan.

What are the ways that you can sell annuities?

Annuities come in many forms such as a single-premium or flexible-premium
annuities, immediate or deferred-payment annuities, qualified or nonqualified
annuities and fixed-interest, indexed, or variable deferred annuities. It is
important that you learn everything you can about these before purchasing and
selling annuities of your own. Research on annuities can favor you the most.
Pick out the ones which you think you can manage and you will be confident
enough to sell to get optimum results.

When you have already learned a lot about the different annuities, you are now
ready to sell them. Here are a few ways to do it:

* Find a reliable selling company to do it for you. The easiest and most
convenient way of selling annuities is to find a reputable company that will do
the selling for you. Hiring a reliable third party can assure you that your
annuities will reap maximum benefits when sold because they have the sources
and experiences to do so. But of course, you will not get the whole profit for
the sale. You will have to pay them fees.

* Directly sell your annuities. You can also sell your annuities directly to
someone who wants to buy them. This is not a popular choice of selling
annuities because of all the legalities involved. You can research on what it
takes to sell your annuities personally or online annuity selling opportunities
that will help you to sell your annuity plans easily.

* Exchange annuities for other annuities. Another way to sell your annuities is
through exchange. You can exchange, for example, your annuity that pays-off a
smaller monthly income in a long period of time and another person's annuity
that pays-off a larger income in a shorter amount of time or vice versa. This
will benefit you if you can not sell your annuity in a single lump-sum payment
because of the terms of your annuity. You can, in effect, have a better chance
of selling your newly acquired annuity in the market.

* Using annuities as collateral for loans. This works like the exchange of
annuities for other annuities only that it serves as a security for your loan.
It is an option you can take that may give you a higher yield on your annuity.

What You Need to Know When Selling Annuity

Annuity is a mode of payment employed entered upon by two parties wherein the
payee gets a certain amount of money yearly until the whole sum is paid for. A
person and a company or an individual and a branch of the government normally
enter into annuity agreements for retirement payment purposes.

Annuity is a form of an investment. It can also be paid for in an immediate
manner but only after the maturity period is reached. It is also subject to tax
and its interest rate can either be fixed or variable. For people who pay for
their annuity on a yearly basis until it reaches maturity, they can pay through
a flexible premium plan or a single premium plan.

Right now, annuity payments come in the form of structure settlement,
investment annuity, workman compensation, or lottery winnings. As stated
earlier, you normally have to way for several years before you can get a lump
sum out of your annuity payments.

However, with the sell annuity programs offered by different financial
companies these days, you don't have to wait very long to get your money. You
can acquire cash out of it today. There's no need to wait for decades.

There are many private company buyers of investment annuities in operation
today. Most of them have been working in the industry for several years now.
They are the experts when it comes to the cash out of annuity payments so that
you can get your money fast and easy.

When going for these companies to acquire income out of your annuity payments,
you have to make sure that you go for the organization that follows superior
customer service. Keep in mind that you'll be selling your hard earned
retirement money. If you entrust it not to the right people, you might not be
able to strike a good deal out of it. Worse, you might go through difficulties
during the cash out process.

Response time is very crucial. The financial company you'll employ should be
prompt in answering your concerns about your annuity. They should work fast and
efficiently, to the point that they act as if you're their only customer. Their
way of dealing with your should be on a personal level as well. You'll
immediately feel if you're treated as a source of income and not as an

Not everybody is familiar with the whole transaction of selling annuity. It is
important that your agent explains everything to you before the transaction
even begins. Selling annuity is not as simple as signing some documents and
getting the check. It would have to go through numerous legalities amounting to
a thick pile of paper work. And more importantly, you would have to understand
every paper that you're signing. That is, if you want to strike the better deal
out of your annuity payments.

If the financial agent of your choice falls short in informing you of the
things they have to do and they thing you have to understand, better go
somewhere else. Or if you have the time for it, you can simply make a research
about how these things work.

This way, you'll have deeper knowledge about the processes and you won't be
taken as a fool during the transactions.

The Basics You Have to Know in Selling Annuities

A huge emergency had just happened in your household and you are in immediate
need of huge amount of cash. The only thing you have that could resolve your
liquidity problems is your annuity plan. No doubt that the obvious solution to
your problem is to sell your annuities, right? In this situation, you do not
really have much of a choice.

Selling them would help you a great deal even if you do not get the amount your
annuity is really worth. However, if you are just tired of paying out your
annuity plan and you just want to get rid of it, or you are just impatient to
get your hands on your cash, or you are anticipating a large expenditure in the
near future, it pays to think it over a hundred times. It is a fact that many
people do not really know or fully understand our policies and contracts about
insurances and annuities.

This is why there are a lot of fake companies out there that take advantage of
people ignorant of their rights and of the worth of their annuity plans.
Companies that pay much lesser than what these people deserve and take much
longer to issue payment if they ever do.

So to guard yourself against such predators, you should arm yourself at least
with the basics. You should at least understand the basics of your annuity
plan, the things you have to consider and the right questions you should ask
before selling your annuity.

First, consider your type of plan. There are various kinds of annuities and
your selling decisions should be based on them. Each type of annuity works in
differently from each other. There are two main types of annuity and they are
fixed annuity and variable annuity. Fixed annuities are those that pay a fixed
rate of return while variable annuities are those that allow the plan holders
to invest in stocks and bonds.

Hence, the rate of return in variable annuities differs depending on the
investment's progress and the economic state of the market. However, these two
sometimes branch out to other different types according to payments and other

Other forms or the sub-forms of annuity come in as deferred annuity and
immediate annuity. Deferred annuity gives you a guaranty that your investment
would increase in value and you can sell it when you need income from it. On
the other hand, immediate annuity enables you to liquidate your investment
within a short time after purchasing the plan in a lump sum payment. The best
thing about this plan is having the choice of life income with a refund payout.
This ensures that the full value of your contract would be paid by passing the
payments on to your beneficiary.

Now, the next thing you should consider is whether selling your annuity plan
would truly benefit you or holding on to it a while longer would provide more
benefits later. First basis on selling your annuity are the two main types of
annuities -- fixed and variable.

If your annuity is a fixed annuity, holding on to it until before you retire is
the best option. This annuity provides a stable income source for the rest of
your life after you retire. After all, that is the very reason why you availed
of annuity in the first place -- security.

However, the rate of return in this plan is not assured to keep up with the
inflation rate. So if you really want to sell it, the best time is before you
retire. Now if your annuity is a variable annuity, you also have to consider
the timing in selling it. Remember that this plan does not guarantee a good
rate of return, so selling it must be timed with the market performance.

Sometimes, selling it an earlier time would prove beneficial than selling it a
later when the market is down and you really need the money. This would put you
in a situation when you don't have much of a choice but sell it at a lesser

Useful Facts About Annuity Selling

Do you know how to sell your existing annuity? If you want fast cash in large
amount, annuities are really viable options but you will not be that profitable
until and unless you know how to do it. For those who have gained the
experience, the process will be painless but for those who are not well
informed, the task can be a tough one! Read the facts below and be
knowledgeable: NOW!

The first things to be informed about are the terminologies involved in the
process. ANNUITY as Wikipedia describes it is a financial product which is sold
by financial institutions to offer savings or financial planning. ANNULTANT is a
person or persons who are receiving their income from annuity contract. ANNUITY
CONTRACT or POLICY is an agreement which states terms and conditions of annuity
and issues by an insurance company.

ANNUITY ISSUERS are the companies who issues annuity. The conversion of
deferred annuity contract to the income payment stream is called ANNUITIZATION.
There are still numerous terms that can flood you when your into selling annuity
but the ones mentioned are the basic ones.

So how will the annuity selling prosper? You will need to price your annuities
first. This can be done by discounting future payments by the discount rate.
Discounts vary depending on the buyers but usually it's between 7 to 17 percent.

Next thing to focus on are the buyers. There are many possible buyers for your
annuity but are they reputable enough? You should cautiously choose the right
one for you. An important consideration is whether you're dealing with your
broker or principal.

You can have better pricing through brokers since they can find multiple buyers
for you. You may not be obliged to pay their brokers' fee since buyers will be
the ones doing it. Dealing with the principal on the other hand can also be a
good option since there is an absence of brokers' fee. Normally, the principal
uses brokers to get them into business.

If you already have potential buyers, you will have to deal with the selling
process. The first thing to do is to identify present and future financial
condition and cash needs. Keep in mind that you can sell a portion or all of
your cash payments in the future. You can consult a lawyer or financial advisor
to assist you in the process.

Next step in selling annuity is to contact a financial advisor or an insurance
company who can sell or issue your annuity. This step is vital to identify if
you can surrender (cash out) your annuity and to determine the penalties
included. Basing on the annuity type and contract, it will be possible to cash
out the policy and pay the charges directly to its insurance company. This
process can give you more cash than selling your annuity on your own. There are
also immediate annuities which can be cashed out in an earlier period of time.

Your next step in the selling process is finding potential buyers for your
annuity. Buyers can be found on websites. It can also be acquired through your
friends and relatives. In selling, you must get numerous quotes for your
annuity since the potential buyers will be asking these from you.

The above information are just basic when it comes to annuity selling. You can
learn a lot more from books and other websites. You must not only trust your
financial advisors or lawyers to sell your annuity for you. You must always
keep in mind that proper information about the process can be the most powerful
tool to gain more money.

Being wise on selling your annuity can bring you huge cash. So keep on learning
and earning!

Steps in Selling My Annuities

Selling your annuity involves a lot of planning. You will need to devise a plan
that will not only help you sell an annuity, but to create a lasting
relationship between you and your prospects. Here are brief discussions of the
basic processes and steps of successfully selling your annuity.

The Preliminary Planning Process:

1. Finding and Identifying Your Prospects. The planning begins with finding and
identifying your prospects. Just who are you looking for? You will have to find
prospects that need and want your annuity and are able to afford it. And since
you are working towards creating along-term relationship with them, you will
also have to identify people who would most probably make repeat purchases and
referrals for your annuities.

2. Approaching Your Prospects. The next step is to approach your prospects.
This involves contacting and setting up appointments with them. You can talk to
them over the phone, through e-mails or face to face. You can also set up a
seminar where they can learn more about what you are offering. Remember that
first impressions, last. So make a good one. If you have a successful start
towards building a good relationship with your prospect, chances are, you will
generate sales and gain all-important referrals to other prospects.

The Business Establishing Process

3. Gathering Information from Your Prospects. When you meet with your prospect,
you should try to gather as much related information as you can. This will
create an impression that you are working towards giving them the best possible
offer you can give. Do not be afraid to ask a lot of questions. These questions
will help you learn about your prospects needs, wants and what their plans are.

Make sure that you speak in a friendly but professional manner so as to gain
their trust and confidence in you. You have to listen carefully take down notes
to help you in doing the next step.

4. Analyzing Your Information. Analyze what will work and what will not work
for your prospects from the information you have gathered from them. Look at
their financial position, their needs, their wants and their plans.

5. Establishing Your Goals. Once you have analyzed your information, you should
then establish your goals for your prospects. This involves organizing the
information generated into a potential plan that will benefit you and your
prospect. If your annuity plans do not seem to fit your prospects' plans right
away, suggest courses of action that will meet her

Because you aim to create a long-term relationship with them, even though they
are not availing of your annuities now, they may do business with you in the
future after they have met their wants.

6. Setting Up an Implementation Plan. For your prospects that fit in your
annuities, you should create a plan that will be both beneficial to them and
yourself. You should present them your plan, explain what needs explaining and
ask for their feedback and confirmation, if they permit. Clarify any
misunderstandings your prospects have to settle into an agreement.

The Implementation Process

7. Implementing the Plan. After agreements between you and your prospects, you
are now ready to put the plan into action. Complete the necessary matters and
paperwork. Inform your prospects if they are required to do something in order
to implement the plan. When they are already account holders, you should try to
convert them into clients. Send your plans and policies to them and sell them on
the benefits you can provide.

8. Creating Good Client Relationship. Lastly, you should aim to create a
lasting relationship with your clients. You can do this by continuously guiding
your clients with your ongoing service. This is also an opportunity to offer
them other annuities you have and gain referrals.

Always remember to give a hundred percent (and more) in every service you need
to provide for them to obtain their trust and loyalty to you.

The Best Ways to Sell Your Annuity

If you are searching on the easy and quick ways of acquiring large sums of cash
in just a short period of time, you can focus on selling your annuity. Nowadays,
many people, especially those who need an immediate source of income for their
finances are selling their annuities. What then are the ways to sell annuity
payment? Read this article to learn:

The primary reason why a person is selling an annuity is to receive lump sum
cash from it. The first question to ask is: "Am selling the entire annuity or
just a partial of it?" You are assured of acquiring a large sum of money on
either way. Having a plan for your investment strategy and diversification for
your assets is highly recommended to increase the profit potential.

Selling annuities is more about having leads. You will not survive if you will
not have a stable stream of qualified leads. Lead hunting can be an important
tool but it can also be a hard thing to do. A second tool to a successful
annuity selling is having an effective closing system. Leads that cannot be
converted to sales and commissions are worthless. Closing of deals will not
really be possible without a good system.

People sell annuity payments oftentimes to have a large purchase. You can get a
lump sum amount in one payment instead of having monthly payments. This is more
helpful especially if you want to finance a huge down payment or you want to
purchase a home or a vacation property.

The first option on selling annuity is to look for a reliable company that can
sell it for you. Larger companies can easily sell annuity since they have the
experience and funds that can make it happen. The downside however is that they
collect certain fees for it. Another disadvantage is that you may not acquire
the large amount you hoped for in your annuity.

Another way of selling your annuity is by direct selling. Although this is not
a popular method because it is a tedious one; (since you will need to seek for
reputable buyers), many still opt for this method. This method also involves
many legalities in few cases but you can do this process on your own.

There are still other means to sell your annuities. You can exchange your
annuity. This is a good choice if you cannot sell a standard settlement for a
lump sum. If your annuity selling is not working, you can also choose to make a
full swap. This includes exchanging with an individual or a company for the
annuity that will be easier for you to sell directly.

You can also use your annuities as loan collateral. Although this is not that
recommended, if you are willing and if interest rates are low, it may be a
feasible option. This process will give your annuity a higher yield and you
will be able to receive your lump sum and use it any way you want.

You must be creative when selling annuity plans and the good news is you can do
this on your own. Having an expert's advice however will also be worthwhile.
Mastering your selling strategies will ultimately bring you huge sum of money
you can really enjoy.

So start learning your selling strategies now and be profitable!

Sell My Annuity Payments

What are annuity payments?

In order to understand the benefits of selling annuity payments, it is first
essential to discuss what annuity payments actually are. Basically, annuity
payment is defined as time value of money wherein a formula of evenly-spaced
flow of cash annuity is used. These may include payments for mortgage or
monthly recipes from your retirement account.

The payment for your annuity should always be the same amount during each
period and it should occur at even intervals. Payments should also be made
exactly at the start or at the end of each period. It should include all inflow
as well as outflow and represent the payment during the compounding period.

How to receive annuity payments

When you decide to purchase annuity, an important factor you need to consider
is the method on how you want to be paid. You have the option to select payouts
for a set period or it can be continued throughout your lifetime. There are also
options wherein the beneficiary can choose to receive the annuity payment upon
your death.

There are several choices namely the straight life option, the joint or
survivor option, and the refund annuity. The straight life annuity enables you
to derive income throughout your lifetime even after the money you had put into
annuity has already been used up. However, if you die even before the account
has been used up, nobody can collect the payouts. The straight life annuity is
perfect for someone who don't have any dependents or for a person who needs to
maximize his income.

Options in selling annuity payments

Many people want to sell their annuity payments because they want to get their
money now instead of waiting for years. So it is a welcome development that
there are many annuity buyers who legally buy your annuity payments so you can
take advantage of lump sum payments today. However, you should choose the
annuity buyer you will do business with carefully because you certainly don't
want to get involved with a company that is not really trustworthy. In
addition, some buyers offer greater amount compared to others.

You should also take note that most annuity buyers also offer you flexible
deferred payment schemes wherein you can choose a comfortable size of payments
that is perfect for you. Most of the time, people just want to become free of
the restrictions that has been imposed upon them by the settlement. Another
option is to sell just a small portion of your annuity payments so that you
will have the comfort of knowing you will still have annuity payments in the

As you can see, the advantages of selling annuity payments are undeniable. You
will get the money you need in case of an emergency or if you need a
significant amount of cash as capitalization for your business. Meanwhile, some
people decide to sell their annuities to fund their children's education or even
to help a relative who needs money.

But whatever the case may be, it is a good thing that there are annuity buyers
in the market so you will be able to sell annuity payments when you want to.
And knowing that you have something to fall back on during extreme
circumstances is enough comfort for a lot of people.

Guide to Selling Annuity Payments

Selling annuity payment is the best way if you really want to gain cash.
Whenever you sell annuity, you will get the full amount of payment right away.
This is the prime reason why most people are selling their annuities nowadays.

What exactly is an annuity? The meaning of annuity is quite complicated since
it can be of different forms and they can be very complex. Just to give you an
idea, here are some of the meanings of it. An annuity is a form of an
investment that promises payments of particular amounts at a specific time. The
individual has different options; it could either be the lump sum payment or the
periodic interest payment.

Annuities have two types; it could either be a fixed annuity or variable
annuity. Fixed annuities can pay your returns with a fixed rate while the
variable annuity allows a person to have some investment of either stocks or
bonds. Annuity is very much like the retirement plans, where an individual can
get it as a lump sum; they can also fund or save it in for a particular time.

The above details are your first hand information about annuity. Next
information are about the processes involved like the selling of it. So how
will you sell your annuity payments? There are actually a lot of options to do
your selling. Just read on to learn the best ways to sell your annuity payments.

The top 1 advice I can give is to find a reputable and reliable company that
will sell the annuity for you. Most large companies sell annuities easier since
they have enough funds and the experience with that kind of dealings.

Another option of selling annuity payment is to sell it directly to a person
who really wants to get an annuity. This is not a really popular choice when it
comes to selling it but of course the more personal you deal with the prospects
the more reliable you can be for them to sell your annuity. When you sell it by
yourself, you will encounter a lot of legalities.

How then will you identify reputable buyers? Here are some questions to ask
yourself when choosing for one:

1. Is his business information and contact verifiable?

2. How long has he been in business?

3. Is he insured or bonded?

4. What is his underwriting criteria?

5. How is his rating in Better Business Bureau?

6. How many annuity buy-outs does he make for a year?

7. Does he handle your annuity type?

8. Is he familiar with state practices and your insurance company?

9. How will he price your annuity?

10. Is he a broker or a principal?

11. Can he offer a time table for the process?

12. Is he associated with a larger corporation

13. Does he use many financial sources for your quote?

14. Is he very professional in all business presence and communications?

These are just some of the ways in which you can sell your annuity. The process
of selling annuity payments can go over a short or a longer period of time. The
longest possible time is like 2-4 weeks. Although this is the case, you are
assured of profits after the waiting period so just be patient and earn a lot!

Facts on Selling Annuities

The Benefits of Selling Annuities. Selling annuities offer potential for a lot
of profit and sales opportunities for today's financial advisors. You may
choose to sell annuities for a lump-sum payment if you are going to make a big
purchase such as paying for a huge investment or perhaps a property. Through
this, you can spread your assets around and get profits for it in the process.

Why People Avail of Annuities:

* Continuing Fund

One of the most common reasons why people avail of annuities is to guarantee a
stream of funds throughout their lifetime. They purchase annuity plans and then
manage these annuities to sell for profits.

* Benefits to Your Heirs. Buying an annuity plan can be used to secure income
for beneficiaries. Upon the death of the annuitant, the beneficiaries will have
the right to the proceeds of the plans. This will secure a good future to heirs.

* Tax Advantage. Purchasing annuities has a tax advantage. Interest generated
from annuity plans is not taxed until the funds are withdrawn. The tax deferred
will be paid throughout the term of the payout.

The Different Kinds of Annuities

As to how many deposits a client pays into the annuity:

* Single-Premium Annuity -- allows only one deposit in an annuity contract.

* Flexible-Premium Annuity -- allows policy owners to require additional
  contributions at any time during the duration of the contract.

As to when the payment starts:

* Immediate Annuity -- requires an immediate payment in a contract, usually
  within a year of the contract date.

* Deferred Annuity -- does not require an immediate payment, rather, a
  future-payment usually beginning a year after the contract date.

As to the type of money placed in the annuity contract:

* Qualified Annuity -- the money placed as payments in an annuity contract is

* Non Qualified Annuity -- the money placed in an annuity contract has already
  been subject to income tax.

As to how interests are credited to the annuity contract:

* Fixed Interest Rate Annuity -- offers a fixed interest rate (comes with a
  guaranteed minimum) over a certain period of time to the annuity owner.

* Indexed Annuity -- offers an interest rate that is tied to an outside index.

* Variable Deferred Annuity -- offers the annuity purchaser to participate in
  investments of annuity funds.

Parties to an Annuity

* Annuity contract owner -- a person or a legal entity who purchases an annuity
contract. The person or entity that acquires the annuity will have all the legal
rights to the contract. He pays the premiums, chooses which optional policy
features included in the contract, and has the right to withdraw or surrender
the annuity he purchased. He also has the right to designate the annuitant and
the beneficiary of the annuity contract.

* Annuitant -- the person who holds the contract and to whom the title was
designated. Proceeds of the contract are given to the beneficiary upon the
annuitant's death. An annuitant should be a living person. He is not given
legal rights to the annuity contract. The owner and the annuitant may be the
same person.

* Beneficiary -- the person or the legal entity that will inherit the annuity
proceeds upon the death of the annuitant. He, too, has no legal right to the
contract and can only claim the right to the proceeds after the annuitant's

Inherited Annuity: A Boon or a Bane?

Annuity plans may make sense to the original who bought it but it may not mean
anything to those who inherited it. It may be that the heir is in an income tax
bracket higher than that of the original plan holder and small payments for him
are rather insignificant. In this case, selling the inherited annuity is a good

Another good reason to sell inherited annuity is the tax that comes with it.
Income from the inherited annuity is not free of tax. You would be taxed as
your benefactor was taxed before. There are cases wherein the inherited annuity
could put you in a higher tax bracket and prompt a costly tax bill that should
be paid within the period of five years except if you choose to take the money
over time.

Annuities are not like other inheritances, which cost minimal or at least
acceptable taxes when sold later. Inherited annuities generally cost more
because they fall under ordinary income tax with a ceiling of resounding 35
percent, which applies to all gains upon distribution. What's more, they are
included in the taxable estate. So the key question to ask is the how the
annuity was paid.

If the annuity was purchased by an employer to give to the original owner as
part of his benefits, then 100% of every payout would be taxed in the heir's
top income-tax bracket. This rule also applies if pretax money was used to buy
the annuity; pretax money like from Individual Retirement Account. However, if
the annuity was bought with after-tax money, some portion of every payout
received by the beneficiary would be tax-free return of principal -- only the
earnings part of the annuity is taxed.

The taxing process gets even trickier if the heir of the annuity is not a
spouse. A spouse heir or beneficiary simply takes over the annuity in what they
call "spousal continuation". Here, the heir simply becomes the owner of the
contract and can avail of the deferred payouts for as long as he or she intends
to, whereas, nonspouse heirs of the annuity do not have that option.

Nonspouse heirs have three choices. Either they withdraw all funds from the
contract within five years following the death of the original owner of the
annuity and pay the taxes that go with it; or annuitize the contract for
guaranteed payments throughout your life; or start withdrawals on a regular
schedule depending on your life expectancy. And of course, there is a fourth
choice, and that is to sell your inherited annuity.

Majority of people who inherit annuities opt to sell or withdraw, if they are
allowed, in a lump sum and be done with it. The nitty-gritty of taxes always
turn people off, if not totally scare the wits out them. Tax is properly named
for the taxing or exhausting procedures and calculations it entails.

Not to mention the frustration and distress over the considerable amount of
that you have to let go and which could spell a big difference if you are to
keep it. People sell their inherited annuity because they prefer to have a
larger lump sum of money rather than receive small payments.

In their minds, a one-time lump sum payment would better utilize the saved
money by putting it in other income-generating investments.

Is Selling Your Annuity Settlement The Ultimate Solution?

Sometimes we are beset with monetary problems that we get desperate and sell
our annuity settlements, thinking it would immediately and ultimately solve our
liquidity problem. In our desperation, we grab the very first opportunity that
lands on us and think it the best solution for our problems.

However, it is at these times that we should be careful in making huge
decisions because it is at these times we are most vulnerable to predator
individuals or companies that take advantage of our immediate need. So before
handing out your rights and start the process of selling your annuity
settlement, ask yourself first if it is really the only and the ultimate

If your liquidity problem is a bit very urgent and needs immediate solution,
selling your annuity settlement would not be of much help so think again before
selling it. Companies that buy these plans tend to lure you with attractive, but
not so comprehensive packages as they do not lay all their cards on the table.
At the end, it would only leave you baffled and perplexed without money.

What these companies are not telling you is that selling or transferring an
annuity is a long process. There are legal obstacles on the way, which you both
-- seller and buyer -- have to face and deal with first. You would need to file
an application in a court as all transactions should be recognized as
legitimate by the court. That is just the beginning. The procedures happen in a
succession that you couldn't complete them simultaneously.

They are to be completed one after the other and the whole process may take you
two months to finish. The companies do not tell you this until you are already
caught in the middle of the process and there's no turning back anymore because
it already cost you money or maybe turning back would cost you even more money.
The companies do not tell you this, of course, because they would not want to
lose your annuity.

They would do everything to get your annuity and at the least cost as possible.
That is what they do -- that is their business. So as an investor, you have to
be careful and protect your investment against such predators.

So, if your monetary need is immediate in nature, selling your annuity
settlement is not the best solution. Try to find some other solution if you
don't want to add more to your problems and stress.

Now if your liquidity problem is not of urgent need, like if you are only
anticipating for a huge expenditure in the future, you could time the selling
of your annuity. In every buy and sell business, may it be shares of stocks,
housing and other properties, or annuities, timing is everything. Watch the
market performance and its trends closely. Don't sell your annuity if the
market is not doing good or performing well.

It is at these times that your annuity would value less than your initial
investment or your rate of return would be very minimal. And holding to it much
longer would prove beneficial for times of unexpected disasters or illness and
serve you more effectively. In this case again, finding other solution to
afford you the anticipated huge expense is a better option than selling your

Always remember that keeping your annuity for the rest of its term is a
guaranteed income in your late years, whereas selling it is only a short-term
lump sum payment, which could be gone before you know it.

Sell Annuity Settlement: The Basic Guide

If you are looking to sell annuity, you have to first learn about the ins and
outs of the trade. Sell annuity settlement through the right channels and you
should get the best deal out of it. There are many financial institutions
buying annuity settlement these days. It is just a matter of dealing with the
right people.

There are a lot of things you have to know before you sell your annuity. First
off, you have to know the actual amount as to how much the company is willing
to buy your annuity. These companies won't simply add up what you are projected
to get in the next few years. Of course, they want to earn from the transaction
so they'll deduct some inflation rate factors, commissions, and service charge.
You are also going to shoulder all the legal fees required by the transaction.
All in all, you should not expect to be paid 100% of your still payable amount.
Roughly, you are going to get anywhere from 75% to 90% of it.

With that said, you should make a survey as to which company is going to deduct
the lesser amount of money for your annuity settlement. The less charges you
incur, the more proceeds you get. But more than money, you have to consider
other factors as well.

One good factor to consider would be the length of time you have to wait until
the check is cleared. Will the company buying your annuity settlement going to
write off a check for you or are they merely middle who would be looking for
another interested party? If the company is going to invest on your annuity,
then you can expect the transactions to be a lot faster. Otherwise, you have to
wait several months until everything is taken cared of.

Annuity settlements are usually obtained from insurance claims. If you were
involved in an accident and the injuring party agreed to paying you off through
an annuity settlement, then that means you are entitled to receiving a certain
amount of money every year until after the agreed settlement account is
achieved. How long and how you're going to receive depends upon the agreement
between you and the other party.

Once the annuity settlement is final, that's when you would have the choice to
either sell it or just leave it as is. Getting $10,000 yearly is a good enough
offer. But if you can possible cash in the whole amount of the annuity, lets
say for $100,000, then you will definitely have more use of the bigger amount
than the mere $10,000.

This is the reason why a lot of people consider selling their annuity
settlement. Getting a big amount of money right on less all the expenses
incurred is a lot more preferable than having to wait for years. However, you
should be very careful when entering deals like these. You should make sure
that you transact only with a trustworthy financial agent that have been doing
this job for years. He or she also has to be duly associated to a reputable

Since a big amount of money is involved you have to proceed with caution all
the time. Sell annuity settlement fast and easy. It is your way of getting the
full amount as agreed.

Should You Sell Annuity Payments?

Receiving annuity is a comforting idea. For the years that the annuity will be
paid, you and your family will be ensured of a steady cash flow. It's cash that
you can use for anything you desire. But more often than not, annuity is
normally used as retirement money.

Before, people don't have much choice but to wait for their annuity payments.
However, things have changed for the better these days. Now, you can sell your
annuity payments in exchange to cold cash. That's how flexible today's
financial institutions are.

There are a lot of financial agents that handles annuity sales. The whole
process is getting faster and easier as days go by. You don't have to wait
years anymore to get the full amount. Just submit your annuity papers to the
agents. They'll draw up the necessary documents and you should receive your
money very soon. And it's the full amount -- not the partial payment you get
every year.

However, there are a lot of things to consider when selling annuities. The
biggest question is whether or not to sell it at all. That decision is going to
be major one, especially if you are taking about your retirement money.
Retirement money is supposed to help you during your senior years, where a
steady income is not ensured and your need for health care product rises.

There are many reasons why you should sell your annuity though. For starters,
you can use it as an investment in a more profitable endeavor. There are some
sound business portfolios that you may come across. If you need money for that
business, then you are free to sell your annuity to get the necessary funds.
Just make sure that your business is really a profitable one and that it would
last you throughout retirement.

Some people sell their annuities to pay off their mortgage. This is another
good reason to cash in an annuity. Your house is a valuable investment. If you
can buy it off right now, then you don't have to pay for rising interest rates
in the future. You will not only have a secured investment. But you can
definitely use your house as a protection in the future, if in case you get in
dire need of money during retirement.

The answer to the question whether or not you should sell your annuity depends
upon you. Is trading the regular stream of money feasible? Would the money be
used in more important things? These questions are yours to answer. You have to
keep in mind that money can easily be spent on unnecessary things. Getting a
lump sum for your annuity is not a good idea if you don't have the immediate
need for it.

Bottom line is, sell your annuity if you have the need for it. Otherwise, it is
better off as it is so your future as a retired citizen is secured. Selling
annuities is very easy these days. You just have to go to the right places and
you would have the check after a short while.

When selling annuities, think about what lies ahead. The future is
unpredictable and it holds too many surprises. If you can plan the future, then
you will definitely arrive at the best decision.

Sell Annuity Payment to Refinance Home Loans

Annuity payments correspond to a big amount of money if summed up. It can be
acquired in a number of ways. Oftentimes, it is piled up through one's
retirement funds or maybe it is the proceeds of an insurance claim. However an
annuity payment is achieved, it all boils down to one thing -- the individual
who acts as the direct beneficial will receive a good amount of money.

But then again, that amount of money is not readily available to the payee. It
would be over a certain period of time in cases of retirement annuity and in a
yearly basis like in insurance annuity payments. The amount is paid for in
equal yearly installments as per the agreement or until the full amount of
money is paid off.

Annuity payments can be used to refinance a house. You can use the money you'll
receive yearly to pay the yearly amortization of your house financing. People
who are receiving annuities could specifically schedule their house refinance
payment to achieve a more balanced cash flow.

For example, you are set to receive an annuity payment for the amount of
$10,000 yearly. If your home mortgage amounts to $15,000 yearly, then it is
best that you refinance your home loan and make the yearly payable to match the
amount due with the amount payable.

This is how annuity payments and refinance mortgage would work for you. You can
refinance your home to perfectly match your yearly cash in and cash out. It
would work perfectly for you once you have balanced cash flow, things would
look up better for you.

You can also choose to receive your whole annuity in one go. This means that
instead of waiting each year for the annuity payments, you can just go to a
financial company buying annuities and request a cash quote from them. This
way, you will be able to get the full amount of your annuity instantly. You
don't need to wait for several years before you would get your money.

And you can do so much with that cash too. For starters, you can buy off the
remaining mortgage of your house to make it fully your own. You can even choose
to buy an entirely new house with the money you have.

It's a good thing that annuities had become a lot more flexible now. Gone were
the times that you have to sit back and wait for your money to arrive. Now, you
have the option to do just that, or cash in the full amount of your annuity to
give you full use of your money.

Refinance your homes today. Or better yet, buy it off using the amount of money
you are to receive. You can definitely use your retirement annuity to ensure you
of full ownership of the million-dollar dream house that you are living in today.

Today, you can do so much with annuities. It is up to you maximize the benefits
that you will gain from it. You can choose to sell your annuity to your full
advantage. Or you can just continue receiving it like you used to.

It's your choice. But if you were to avail of the better option, you should
definitely consider selling your annuity to the financial experts.

Formulas in Selling Your Annuities

Businesses linked with financial institutions have been growing since early
1980's. This growth was said to begun when loan associations and savings in
certain strategic places like Ohio, Florida and California start selling
annuity business and selling annuity products. The significance of annuity
selling is thus discovered and many people eventually engaged in it.

Annuities are assets that offer a safe source of income. It can be acquired as
an inheritance, gift or you can purchase it on your own. Selling annuity can be
a viable option to have fast cash. You just have to be knowledgeable about the
process and relative to it are the formulas used in annuity selling. You must
be well-versed about these formulas because you will regularly use this on
selling your annuities. These will be very useful for you as a seller because
buyers will always have questions about certain annuity computations.

Annuities are priced through the discount rate. You must discount your future
payments using the prevailing rate. These discount rates can differ widely from
7% up to 17%; but it can also be larger depending on the buyer. You can receive
a lot more for your annuity if your discount rate is lower. Similarly, further
out payments can be discounted more; thus you can receive lesser cash at
present but your future payments will increase.

Basically, formulas used for selling annuities are similar with those standard
financial formulas and symbols. These financial symbols include mathematical
variables and symbols. Generally, the symbols to remember and what they stand
for are: N as the term in number of periods; g as rate of growth, m as
compounding frequency; r or I as the interest rate; CF as cash flow; PMT as the
Periodic Payment; FV as Future Value; FVs as Future Value of a single sum; PV as
Present Value and j as the jth Period.

Mathematical formulas are also needed to compute the annuity rate. For example
if you are computing for the present value of an ordinary annuity, you can just
use an ordinary annuity formula. The mathematical equation is the summation of
all the present values of the future cash flows.

After the discount rates, the period will come next. In counting for your time
period where your annuity will be earning, if the total days accumulated is 120
calendar days (e.g. 30days of four months) and you are paying semi-annually,
your regular payment period is 180 days. This is according to a 30/360 day
count or equal to 6 months. You can accumulate 60 days worth of interest,
that's 180 days less 120.

If you're finding it hard to compute the income of your annuity, annuity
calculators are available. The present and future values can be computed easily
and accurately through this tool. Calculators are available for $35. Be cautious
however because different financial calculators works differently.

There is also annuityTable that is offered for calculation of deferred
annuities. One example is the PV tables or present value tables. There are also
computer softwares for calculating the annuity. MS Excel for instance has
simpler and easier formulas for annuity calculation. Websites about annuity
computations also abound the internet. One example is

Formulas in selling annuities are very important not only for the buyers but
also for sellers. Although there is a presence of computer software, tables,
and computers nowadays, it is an essential move to know and be expert with
mathematical formulas. These formulas will continuously be relevant as
purchases prosper.

Since this is the case, whatever formulas that are very significant must be
learned upon and put to mind.

Sell Your Annuities Right

Times of problems and desperations come once or twice in a person's life.
Although it is known when it would come, it is inevitable and we have to be
prepared for it. This is why people are always in search of security in their
lives. Security in love, with marriages and pre-nuptial agreements. Security in
their homes, with locks and alarms. Security in jobs, with those that are stable
and guaranteed income.

Security in finance, with life and accidental insurances, pensions and
annuities. Security of more money, with selling properties and investments such
as annuity.

People always want to secure their future and rightly so because we don't know
until when are we able to support for ourselves. You may be young and strong
right now but you never know for sure that you are not going to meet an
accident that would turn your life upside down. So as humans, we try to be
prepared. We seek to have a guaranteed income stream until we are old. As
humans, it is inherent that we ambition to have more than a stable income and
also have a guaranteed rate of return from our investments.

We even desire for a better and much more rate of return, that's why we take
risk in investments for a non-guaranteed but possibly higher rate of return.
That is human nature. So it is understandable to want to sell your annuity for
a higher rate of return or simply for a solution to your liquidity problem.

But of course, we always want to maximize the value of our investment so we
should be very careful in making such huge decisions involving huge amount of
money. We should do our assignment and research before taking step one of the
sale process. Selling annuity investment right requires careful and diligent

First and foremost, you should remember that selling your annuity would not
provide you with immediate cash on hand. The process of selling annuities takes
time, maybe around two months at the least. So if your liquidity problem is kind
of urgent, selling your annuity may not be the best solution.

Second, study the market performance and trends. Is it an opportune time to
sell you annuity? Do you stand to gain or lose if you sell it? You should learn
and do your math. Calculate your rate of return and ask yourself if you are will
to sell it at such a price. It would be best if you consult an expert on
insurances, annuities and tax so you would be sure you are getting your money's

Third consideration is the buyer of your annuity plan. There are deceitful, if
not totally fake, companies, who are out there to get unsuspecting and trusting
investors. The secret? Never trust any of them. Always be cautious and wary of
their proposals. These companies would come to you like a lover courting a girl
with sweet promises and packages. They would not tell you the whole truth about
the process.

All they are after is to get you as far into the selling process as they could
until you are already deep in it and you could no longer back out. So again, do
your research to find a reputable company that would not sabotage your financial
future. Always remember that your sale should be first and foremost judicially
approved. Seek legal assistance to prevent being a victim of unlawful

Sell Annuity Comparison for Cash

Annuity refers to the structured payment plan an individual receives from
another party. The other party is usually the company acting on another
person's behalf, a government institution, or a financial agent. It pertains to
the payment of a certain amount of money to an individual on a course of several
years instead of giving it on a lump sum.

But before you go ahead and contact an agent to sell your annuity, you have to
conduct some good research about the annuity sales industry so you'll get the
best deal in town. If you haven't heard yet, there are quite a number of
annuity agents working today. They are looking for people who want to sell
their annuity payments for cold cash.

So if you still have a good sum of annuity to receive in the future and want to
get all of your money up front, you just go to these agents and let them process
everything for you. At the end of the transaction, you'll be going home with all
the money you projected, less taxes, inflation rate factors, and commissions.

Agents are constantly looking for people who want to turn their annuity to cold
cash. As such, they are acting fast whenever a potential customer comes to them.
If you were a person who is looking to cash in all of your annuity payments, be
the wise shopper and ask around first before committing to anything.

The fees of these agents is anywhere from 5% to 25%. This means that you have
to deduct that amount from your projected total annuity. But that's not all
that's deductible. There are also taxes, processing frees, and legal stamps to
worry about. Therefore, it is best that you ask for a risk-free quote from
these people. By risk-free, it should mean that you don't have any obligations
of pursuing the transaction if you otherwise changed your mind along the way.

The best route to go about this is to ask several quotes from several agents.
This way, you will be able to make a good comparison of the projected total
annuity payment you will be receiving. Feel free to inspect the quotes and the
fine prints that are included in each of them.

Keep in mind that financial company who invests on your annuity sets up rules
for every transaction. This is supposed to protect the interests of both the
parties involved, although the company's interests are mostly the priority. As
an annuity seller, you have to be very familiar with these fine prints. You
don't want to go into trouble or any misunderstandings of some sort. It is best
that you know everything you have to know about the transaction to be on the
safe side.

Besides, you should learn about the basics of the transaction. Like when the
check is going to be ready, what things you have to pay for, and the things you
have to submit. A lot of financial companies buying annuities differ in these
rules. Some writes a check up front after all the documents have been
processed. For others, you have to wait a few weeks or so before the cash will
be released.

Other companies would also do all the legwork for you and you just need to show
up in their office to sign some documents. For others, you would need to make
several trips that could otherwise be time and effort consuming on your part.

Where to Sell Annuities Connection

Annuities are fast becoming a big part of a person's retirement program. While
a lot of people are actually using them for the future, there are also others
that avails of an annuity plan and then sell it off to others. These
individuals have two ways to sell it. They can sell the product by themselves
or they can ask a financial agent to do the job for them.

Retirement annuities can be obtained also in two ways. It can come in the form
of your employer's 401(k) or it could come from your own Individual Retirement
Account or IRA. Generally speaking, retirement annuities can't be withdrawn
until after the owner reaches 60 years of age. While it is possible to get all
your money before such time, the proceeds are subject to a penalty of ten

For people who know how to handle their money and resources, they would avail
of multiple retirement annuities for themselves with the sole purpose of
selling the others to other parties. They would just leave a good portion for
their own use. Selling annuities connection is a good way to ensure yourself
that you have enough money for your own retirement and still earn a good amount
from some of it as well.

Selling retirement annuities by your lonesome sounds like a good idea. For
starters, you would be getting all the proceeds by yourself. You can also
increase or decrease the asking price of your annuity. The last call is on you
and you'll be solely calling the shots. The final decision whether you will
sell your annuity or just let is stand for your own use depends up to you.

However, selling annuities through a respectable financial company has its
advantages as well. First and foremost, it would relieve you of all the
legalities and paper work associated with the transfer. Your chosen financial
company would be preparing all of them for you. They would assume all the
legwork and you'll just sit in your corner and wait for the sale to materialize.

Furthermore, the burden of looking for buyers is on them. Financial companies
who are an expert in selling retirement annuities have a long list of
interested clients that they can call anytime. The whole transaction would be
much faster with them on the helms primarily because they have the right
connections. If you try to sell your annuity on your own, you might have to
wait several months before a genuinely interested buyer would come by and seal
the whole deal.

If you choose to sell your annuity through a financial company, there will be
no effort or worry exerted on your part. On your perspective, everything would
go smoothly because somebody else is doing all the hard work for you. You will
be notified right away if a sale would transpire. All you need to do is to sign
a few papers and you will receive the check real soon.

However, you can't really increase or decrease the total sale amount of your
annuity if it is sold through an agent. The annuity will be sold according to
it current market value. And you'd pay a certain percentage of the sale to your
chosen financial agent as commission.

You might end up with lesser amount than you have expected, but it still is way
above what you have initially invested.

Understanding Your Rate of Return

Many of us are baffled when it comes to dealing or understanding numbers. Lack
of interest in learning our numbers is understandable as not everybody is
gifted with the knack of comprehending the intricacies that involves
calculations, computations and permutations of numeric variables. We oftentimes
yawn and grow tired trying to understand the process of how some solutions are
arrived at.

However, this lack of interest and understanding sometimes lead us to unwise
decisions that involve losing a considerable amount of money. Oftentimes, it is
already too late when we realize we made a huge mistake in investing or selling
our investments, such as selling an annuity, for example.

Do you know how to compute the rate of return on selling an annuity to make
sure you are doing the right thing? It is also this lack of knowledge that
gives fake companies the leverage to prey on unsuspecting and trusting
investors who do not know better. The number of scammers wouldn't be increasing
if only we know our numbers, even at least the basics.

What is a Rate of Return?

Rate of Return, also called return on investment -- ROR or ROI for short, is
the ratio of money gained or lost in relation to the initial amount of
investment. Also simply called as return, it is the rate of profit or income
you earn from your investment measured in percentages. It is oftentimes
measured in annual or annualized rate of return on a specific calendar or
fiscal year. This is your tool in determining how much your investment is
gaining or losing, if it is appreciating or depreciating.

How to Compute Rate of Return

The rate of return is measured in percentages because monetary values cannot
show a comparative relation of the gains and losses with the initial
investment. For example, if you measure the gains of a $1,000 intial investment
through a $50 interest and compare it with a $100 investment through its $20
interest, the $1000 investment would seem to be earning much more that the $100

However, further computation using percentage of the rate of return would prove
otherwise. The $50 you are earning from your $1,000 investment is only 5% of
your initial investment while the $20 you are earning from the $100 investment
is 20% of your initial investment. In the long run, your rate of return from
the $100 investment would prove much more beneficial coming from only a small

To compute your rate of return for a period of one year, simply calculate the
percentage of your monetary return in relation to your initial investment. Just
like in the example above. This is called the Annual Rate of Return.

If you want to determine your rate of return for a period if less or more than
a year, multiply or divide your monetary return to arrive at a comparable
one-year return. This is what is called Annualized Rate of Return.

For a less than a year rate of return, say for example a 2% one-month rate of
return would represent a 24% rate of return by simply multiplying 2% with 12
months. On the other hand, over a year computation of rate of return could be
computed by dividing the sum of the monetary earnings by the product of the
initial investment.

And the period of time it was accumulated, that would give you your Annualized
Rate of Return.

Sell Tax Deferred Annuity

Basically, annuities have two phases everyone needs to be aware namely the
accumulation phase and payout phase. When you are still at the accumulation
stage, you need to make payments for the annuity either through lump sum
payments or through an on-going basis. And depending on the type of annuity you
decide to take advantage of, your annuity will grow in value based upon the
rates that was set by the insurance company (known as the fixed annuity) or the
rates can also be dependent upon the sub accounts (known as variable annuity).

If you need to sell tax deferred annuity, try to compute the amount of money
you can potentially have before you decide. It would be difficult to have
regrets later on. In both the fixed and variable case, your annuity will grow
during the accumulation stage and its taxes are deferred. But you should
realize that "tax-deferred" does not translate to tax-free because you do need
to pay taxes later on.

There are tax free investments available on the market such as municipal bonds
but annuities are different because any gain you derive from this will be
taxed. However, take note that you will only need to pay these taxes after you
decide to withdraw your gains in your annuity.

But tax-deferred can actually be used as an incredibly powerful tool especially
if you are thinking for the long term. Consider a person who is currently at 28%
tax bracket; if he inherits $10,000 and then he places this amount in savings
account, he will be taxed at the end of each year on the gains he derives. On
the other hand, if he puts this same amount of money into annuity, he will be
taxed only after he withdraws his annuity.

As you can observe from the example, tax deferred can provide an added value by
utilizing the time value of money. The annuity had earned interest using the
money that could have been paid every year on taxes in the saving account.

However, tax-deferral is not the single reason why annuities have become such a
popular investment option these days. Typically, even though they have five to
seven years maturity dates, annuities do not require you to undergo medical
exams and other extensive requirements. Plus, it can be opened by simply
filling out the basic annuity payment contract.

These days, there are many different kinds of annuities that an investor can
choose from; he needs to choose a plan that can meet his specific retirement
goals. For example, if you are considering fixed annuities, you need to take
note that insurance companies will typically offer higher rates at the start
although this will be lowered later on. There are also some insurance companies
that provide consistent rates throughout your lifetime so you need to determine
which kind of fixed annuity is perfect for you.

On the other hand, there are also the variable annuities which give you the
alternative on deciding how the money can be invested into separate accounts.
Typically, these accounts are available from money managers; for example, a lot
of mutual fund companies provide clients the option of investing in variable

Annuities are definitely a good investment option for you when you are
preparing for retirement and you can also sell tax deferred annuity to various
annuity buyers easily if ever the need for immediate cash arises.

Reasons to Sell Structured Settlement Annuity

When emergency arises, people need to have money immediately; they cannot wait
for their annuity payments. It is a good thing then that there are various
companies in the market that are willing to buy your structured settlement
annuity so you can have cash when you need it most.

There are various reasons why people decide to sell structured settlement
annuity; some do it voluntarily while others do it because they have no other
choice. Whatever the reason though, having an annuity payment buyer to turn to
in time of need is definitely a welcome option for anyone concerned.

Basically, what you need to understand about structured settlements is that
they are just financial agreements wherein compensation from insurance
settlements will be paid using an annuity. This can be in the form of regularly
scheduled payment installment over a period of time instead of being paid bulk
payout. A lot of people decide to sell the annuity payments from this kind of
structure because they want to be free of the restriction of waiting for the

Some people prefer to receive lump sum because they need it for their
children's education, starting a business, or a medical emergency. You don't
need to be concerned that selling your deferred payment from the structured
settlement annuity is illegal because it is allowed in both federal as well as
state laws.

You might be curious as to how insurance settlements are structured though; you
need to realize that insurance companies purchases annuity with a lesser amount
compared to your original settlements. The annuity will pay in a combination of
the principal amount and the interest rate over a certain period of time until
it earns enough for your monthly payment. But with the option to sell your
annuity, you can sell your future payments immediately and be free of the
disbursement schedule that was imposed by your structured settlement.

There are different types of structured settlements that an individual is
allowed to sell. In fact even medical malpractice settlement, personal injury
settlement, product liability settlement, or from a wrongful death settlement
can be sold. So the questions most people want to ask are now answered. Because
yes, you can receive lump sum cash for shared, partial, or even complete buyouts
depending on the plan you choose.

Take note though that you should submit relevant documents for you to be able
to sell structured settlement annuity. These include the completed copy of the
application, the annuity policy documents, the extended release or the
settlement agreement, a recent copy of the annuity check or stub, your tax
return, two identification cards (one must have a photo), marriage license if
applicable, divorce decree if applicable, a copy if the Will and Probate
document if applicable, and copies of any assignment, revisions, and other
papers that are related to the structured settlement annuity.

Meeting these requirements is actually quite easy if you have all documents at
hand. If you decide to sell structured settlement annuity to an interested
company, you should do some research on their rates because you may find
another company that can buy your annuity at a higher rate.

But remember that most of all, you should be assured that the company you are
dealing with is really reliable so that you can get the cash you need right

Sell Retirement Annuity For Lump Sum Payment

The average life expectancy is now higher than ever because of advancements in
technology and medical treatments. Because of this, lifetime annuities are
being used to fund a person's retirement. It is important to note that there
are basically two kinds of lifetime annuities namely the fixed type and the
variable type. Some people decide to sell retirement annuity early on because
they need instant cash. But before we look into that, it is essential to
understand what annuity investments really are.

The variable annuity is a good investment option for people who want to have
retirement savings because the interest rates of this annuity are dependent on
the market rates. For example, you can choose to put money in stocks, in bond,
in other money market options, and in real estate. The variable option also
offers tax deferral through the use of insurance policies. And it is notable
that the underlying benefit of variable annuity is on the capital gains from
the investment amount because it is not subject to tax.

Annuity payments are definitely a good way to have monthly income during your
retirement. But there are cases wherein you will need cash immediately; you
cannot wait for the scheduled annuity payments that regularly arrive. It is a
good thing then that you are given the option to sell your retirement annuity
for lump sum amount. Selling your retirement annuity payments can enable you to
get the money you need right when you need it most.

A lot of people hesitate before making the decision to sell their retirement
annuity because the security they used to enjoy will no longer be there.
However, it is important to realize that selling your retirement annuity do
have a lot of benefits especially when you need cash immediately. What matters
is that you have the option to convert your annuity to cash so that when the
need arises, you can cash in on your investments.

There are also some people who invest in annuity early on but decide that
waiting for the monthly structured payment is not for them. This is because
various life changes can occur and some individuals find the steady stream of
monthly income restricting because they cannot increase the amount of payments
they receive. In addition, some people decide to change their estate plans and
find out that their retirement annuity does not fit into their plan.

As you can see, there are definitely advantages in selling your retirement
annuity especially if you find better opportunities for your money elsewhere.
For example, some people discover that there are more profitable options in
which they can put their capital on while some people just decide that they
want to diversify their investments.

If this is the case for you, it is important for you to find an annuity buyer
who will give you a reasonable lump sum payment for your retirement annuity.
Remember that you are not only cashing in on your investment at this point, you
will also be giving up the security of having a steady monthly income in the
future. You must decide if it would be a good decision for you over the long
term of sell retirement annuity.

But whatever you decide, one thing is certain, you need to make sure that you
are making the right decision when you sell retirement annuity. This is the
ensure that you will enjoy the fruits of your investments and not have any
regrets later on.

Client-Focused Selling: The Key to Selling Annuities

Selling annuities is yet another way to earn good money. This is especially
useful for people who no longer want the low monthly income and get huge lump
sum revenue. For some, they are good short-term investments -- buy and sell
since they do not really give huge monthly payouts.

Client-Focused Selling If you are going to make a sale in today's world, there
is only one principle that you should always stick with: good customer service.
Nobody would like to buy something from an unprofessional and unaware seller.
That is why it is important to build a client-focused approach to selling.

It is imperative, both ethically and financially, for a financial advisor to
work towards the satisfaction of his prospect or client. He must therefore
understand what they need and want and start from there. Consultative planning
or selling is a good strategy to use in building good relationships with

Consultative planning is the process of gathering information about the
prospect (their needs, wants, goals, interests, assents and plans among
others), putting them together, and creating a single plan that will best meet
the prospect's satisfaction. Financial advisors should attack this by listening
and analyzing the information that they have generated. Then, they should
translate these to find the best product and service that their client needs.

Steps in Consultative Planning:

Successfully selling annuities require a step by step procedure. You will have
to do a preliminary planning by assessing your resources at hand. You will then
begin to start your planning tailor-made to your prospect's needs. Lastly, you
will need to put your plan into action and try to build a lasting relationship
with your client. Here are the more detailed steps in a client-focused selling:

1. Find the right prospects. A right prospect is someone who has a potential to
   do business with you and has the financial means to do so.

2. Approach your prospects. Set up an appointment with your prospects.

3. Meet your prospects and gather information about them. Make a good
   impression and ask related questions that you will need.

4. Analyze the information you have gathered. Look at what will work and what
   will not for your prospect.

5. Establish your custom-made goals for your prospect. Organize your analysis
   and create a goal to meet your prospect's need.

6. Create an implementation plan that will best meet your prospect's needs.
   Make your plan focusing on the goal you have set. Remember to get your
   prospect's approval before implementing your plan.

7. Implement your plan or suggest courses of action. Put your plan into action.
   Guide your client if there are requirements.

8. Build good client-advisor relationship through good service. Always give the
   best service you can. Continuously guide your client through the contract 
   term and offer them new plans that will both benefit you and your client.

You can also employ a reliable company to sell your annuity plans for you. This
is the most convenient and easiest way to sell annuities. This is because these
companies have the necessary sources and experiences to make good sales. Make
sure though that you hire a reliable (preferably reputable) third party can
assure you that your annuities will reap maximum benefits when sold. But of
course, there is a downside to it. You will have to pay them fees thus, not
getting the whole profit of the sale.

What a Good Annuity Selling Systems Can Do for You

What is an annuity? An annuity is a contract or agreement under which one or
more persons receive periodic payments in return for prior his or their
payments. It can also be defined as an investment in which a person receives
payment for a specific number of years.

There are several types of annuities: single-premium or flexible-premium
annuities (depending on the number of deposits to be made), immediate or
deferred-payment annuities (depending on when payment is required to start),
qualified or nonqualified annuities (depending on the kind of money you pay --
pre-taxed or after-tax) and fixed-interest rate, indexed, or variable deferred
annuities (depending on how interest payments are to be accounted for).

Annuity Selling Success If you want to achieve your annuity selling successful
and sustainable for a long period of time, you must have the right system that
can get your name out there. You have to create value for yourself to your
annuity prospects. The right annuity selling system can help them to know more
about you. These are systems that can generate high quality prospects through
endorsements and referrals. Also, these should also help you to give quality
service your current clients so as to build good client-advisor relationship
and generate repeat sales.

When will you know that you got it right?

You will know that your system works when you:

* Have a continuous stream of people eager to make an appointment with you.

* Find prospects that do not come with financial advisors with them.

* See sales flourishing using quick and painless sales approach.

* Are in a situation where you are not being asked for future time commitments
by your clients.

How will you get it right?

You will get the system right by:

* Finding a good prospecting system that all the other annuity sellers are
dying to know of. Finding this system is the key to your business success.

* Narrowing down your target prospects into prospects without other financial
advisors attached with them. To develop a good system, you should get high
quality prospects that do not have financial advisors that may contradict you.
Your system should also target a group of prospects in a certain finance
bracket (those who can afford financial advising).

* Improving my sales techniques through trying out different approaches that
works. You should also employ marketing strategies that can convince your
prospects to sign up with you.

* Making a point that you have done your job well enough that your clients do
not bug you with any follow up services. It is important that you do your best
service in every engagement you are involved with to create lasting customer
relations. And there is nothing better than doing this without the need for
future time commitments to your clients.

Tips in creating an annuity selling system that works:

* Write a business plan

* Set your goals

* Settle on a target market prospect (seniors are a good group target)

* Think on how you will approach them (be cost conscious)

* Construct pre-made plans readily available for prospects that can fit in on

* Devise good impression techniques when you meet with your prospects

* Outsource the marketing of your annuities (if you are not good at it)

* Believe in what you are sell (Annuities are great!)

How To Easily Sell Your Annuity Payments

Some businesses purchase annuities from investors who need physical money; this
process is called selling annuity payments. If an investor chooses to trade his
annuity, potential buyers will offer a lump-sum bargained imbursement depending
on the complete current assessment of the contract. If you are planning to sell
your annuity payments read this article first to learn! Some tips included in
here can help you with the process.

Selling a portion or all of your annuity payments offers you an opportunity to
utilize the money in its full potential. Most of the selling annuity payment
plans are customized, enabling the person engaged in it to identify how much is
to be paid individually.

There are more important things to keep in mind if you are considering on
engaging on selling annuity payments such as:

1. Profits. Always remember that companies that purchase structured settlements
hope to profit from their purchases. The profits will come out of the payments
that can be received otherwise. Think about what matters more. Is it getting
the structured long-term payment or getting lump sum payment?

2. Tax consequences. This is a usual structured settlement which is designed to
give major tax advantages to injured plaintiff. Relatively, there can be major
tax consequences connected with all or just a part of the settlement. There is
a strong possibility that a lump sum acquired through the settlement sale will
be taxed. You must clarify the facts and figures first before deciding on

3. Earning capacity. The earning capacity will not be that important if you are
considering cashing out now but it will be a lot different if your earning
capacity is injured. You must consider your future finances if you are making
decisions about selling your settlement.

4. Restrictions. Discover if your state falls under 2/3 of your state that
restricts the structured settlement sale. Unravel if you'll need an approval
from the court for this buy-out. It's possible to get refusal from insurance
companies that issues the annuity for structured settlement. They will not
cooperate; instead they will assert certain payments that cannot be assigned
and cite policy language.

You can customize your mode of selling annuity payments. This process includes
many variables like the fiscal rating of an insurance company who will make the
payments. It can also involve the length of time the costs can expand and the
volume of dealt-upon payments. These aspects collectively help ascertain the
amount that will be received. Since selling annuity payments can really be a
complex process, consultation with the financial experts are recommended
whenever you are thinking of selling.

Another factor to consider in selling annuity payments is your buyer. A
qualified buyer of annuity payments can offer you top dollar so you must be
choosy. They can even give you cash when you need it; normally just for a
couple of weeks.

The selling will not stop here; you must put all your agreements in writing.
Having an annuity contract is important so as to clarify your settlement. You
have to be sure that your buyer thoroughly understands the contract before
signing it. You can always consult a lawyer or a financial advisor if you're a
bit confused about this.

The above tips are just preliminaries in the process of selling annuity
payments. Annuity payments can really be a complex term much more complicated
is the process involved to sell them.

But you must not be easily discouraged with this, since selling annuity
payments is a very lucrative option of gaining money, you must invest much to
gain much!

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