When you buy a secondary market annuity, you are buying the rights to contractually guaranteed payments to you, and the issuing insurance company retains full ownership of the annuity. In order for you to buy the rights to the payments, a judge has to approve this contractual change of annuity benefits. The issuing insurance company…
As the year comes to a close, it is time for you to take a look at the financial choices you have made and see if they are still working for you in light of any life changes you have had. Did you know that annuities add value in addition to supplementing your retirement income? …
You have worked hard through your lifetime building up assets. Now you need to take precautions to protect those assets. If you are considering purchasing a Pre-Owned Annuity™ you need to find one that meets your needs. Your financial situation could change over time, so it is important that you review and understand contracts to…
Depending on your financial situation, health and goals, a Secondary Market Payment may be an appropriate addition to your financial plan. When you begin your investigation into this avenue there are some questions that you should be sure to ask your adviser. 1.) Is this purchase right for me? 2.) What are the benefits…
Previously Owned annuities have several positive attributes in common that make them currently in high demand: 1.) High Yields that are typically 4.0-7.0% 2.) Payment streams guaranteed by highly rated insurance companies 3.) Court order process protects buyer and seller 4.) Issuers regulated by State Insurance Commissions 5.) Fixed/reliable income streams 6.) Diversification for portfolios…
When you are considering purchasing an annuity, you want to be sure that you understand your rights as a senior citizen. An annuity is one type of insurance product. Being informed of your rights can help you to avoid being the victim of scams. It helps you to make educated decisions for yourself and your…
I have people contact me all the time looking for a financial product that can provide them safety and security along with a rate of return that is worth their investment. There are Annuity owners out there that are ready to sell the legal right to their structured, monthly payments so that they can benefit…
Structured Settlement Annuities come in all shapes and sizes. The key when purchasing one is finding the right one to fit your personal goals. The primary benefit of a Structured Settlement Annuity is the higher rate of return when compared to Single Premium Immediate Annuities and/or Fixed Deferred Annuities. Usually you can expect to receive…
I’ve been telling you a lot about Secondary Market Annuities so that you can have the knowledge you need to decide if this is an option that may work for you and your family. Today I want to touch on how the money is distributed and how these annuities are checked out when they are…
One of the least known financial instruments making the rounds in the asset protection circle is the Pre-Owned Annuity (otherwise known as In Force Investment). I know that sometimes people get nervous about annuities but I have to tell you that pre owned annuities are different than traditional ones. Let me explain a bit. Let’s…