In today’s economy, many people are lacking confidence in Wall Street and turning to new places to put their money. The problem is, finding good options can often be a challenge. There are plenty of investments out there that have been “sure things” at one point or another. They include everything from real estate to…
The secondary market annuity category is a finite asset class with limited inventory available each year. More and more investors are learning about and participating in this sector, which is affecting yields and raising prices due to increasing demand. Most secondary market annuities can provide a high yield (usually 4% to 6%, or more) and…
You probably don’t lie awake at night worrying that you’ll live too long. But maybe you should. The biggest financial risk retirees face isn’t volatile investment returns — it’s longevity. Will your money last as long as you do? In a world of increasing life spans, disappearing pensions, and crashing markets, an immediate annuity is…
There are many annuity options to choose from when you are looking into expanding your financial portfolio. Many wealthy people, after maxing out tax deferred options such as their 401(k) and IRA, put their most tax inefficient investments into a low cost variable annuity. These low-cost annuities come with unexpected benefits. For instance, by not…
According to a panel of experts at a MarketWatch Retirement Adviser event in New York, you may be making some key mistakes when you are evaluating annuities that you don’t even realize. Mistake #1: Comparisons that don’t add up One mistake is to assess the value of a variable deferred annuity as though all of…
Secondary market annuities are a fairly new area on the financial landscape. However, a recent LIMRA study found that 61 percent of annuity consumers conduct their research online. What does this mean? That buyers all across the nation find out about secondary market annuities online so they know what to ask when they look for…
When dealing with secondary market annuities you want to use an intermediary to ensure that compliance is handled in the correct way. Secondary market annuities can/will unravel if applicable federal and state laws governing the underlying structured settlement factoring transactions have not been complied with. This intermediary can research to make sure that there were…
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…