Monday, July 25, 2016

How to Gain Cash for Annuity Payments


If you put some of your savings into an annuity, but need it sooner rather than later, you are not trapped. There are several options to get your money back before the end of your contract. However, each option can cost money but the best option for you depends on how much money you want to receive and the terms of your contract.
The experts at Cashout-Annuity can best explain your o
ptions and help you get fast cash for annuity payments but read on for some options you may have.

Your Annuity Can Be a Source of Cash!
Many annuity holders are not aware that they have options when it comes to selling their annuities and getting the cash they need. If the insurance company that issued the annuity will not allow you to surrender an annuity to them for cash, you may still be able to get competitive market rates by selling it to

Full Assignment
This is the best option for you if you need all your money fast.  We will get you’re a lump sum of money and we will jump in and wait for the payments for you.  You will receive a present value of the annuity.  

Partial Assignment
This is the most popular option.  We purchase a portion of your monthly payment and give you a lump sum.  This option allows you to continue to receive payments and get a lump sum. 

How Much is an Annuity Worth?
The amount of cash you will get will depend on a lot of factors, including the size of the annuity, and the size and frequency of payments you are receiving. One of the major factors in determining how much your annuity is worth is the then-current interest rate, or discount rate, when you sell.

To learn more about how you can earn cash for annuity payments, talk to the professionals at Cashout-Annuity by calling us at (844)340-6649. 


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