Can you sell an annuity to a third party? Depending on the state you live in, chances are that you can. There are numerous reasons why annuity owners decide to cash out for a lump sum payment- since no two situations are identical, your goals will most likely be unique to your financial issue. A few of the most common reasons why annuity owners sell include:
Let’s Discuss Your Needs
Talk to one of our knowledgeable agents about your annuity and rest easy knowing we have your interests at the heart of what we do- not ours. We’ll help you make the right decision regarding your finances, including the partial or complete buyout of your annuity. If you’re facing a one-time need for a lump sum of money, you may just want to consider selling off part of your annuity payments. On the other hand, if your payments never seem like they’re enough to do anything substantial with, complete liquidation might be the better option. Our highest priority is to work with you to come up with the right solution to your financial matters.
Changing Financial Needs
Very often, what looks like a smart financial investment at one point in time no longer appears the same after time, primarily when unexpected events have occurred and made a particular amount of money look smaller than it initially appeared. Can you sell an annuity- certainly! Why go on feeling stuck with monthly or quarterly payments that no longer meet your needs when we can offer you a cash lump sum for your annuity? We mentioned the fact that we have your best interest at heart- here’s how we prove it to you: our Best Price Guarantee.
What Our Price Guarantee Means For You
To start with, our guarantee means more money in your pocket- an average of 20% more. We not only pay our clients significantly more for annuities than other agencies, but we also work hard to get the money to you faster. In some situations, we are able to get your cash to you in as little as five days; however, it typically takes a bit more time to complete the paperwork and finalize the details.
Don’t Listen to Negative Communication
You’re never stuck owning an annuity that no longer meets your needs. One of the most commonly asked questions we receive at We Pay More Funding is: Can you sell an annuity? We answer a resounding ‘yes,’ and it’s a lot easier than you might think to get cash for your payments. To start, make a phone call to our office to find out exactly how much your annuity is worth. If you like what you hear, we’ll answer more of your questions and get the process underway if you decide to sell.Can You Sell An Annuity