Sell Annuity Payment
Sell Annuity Payment is very common nowadays.
When you set up your annuity, you made an investment in your future. You worked with a broker or financial planner to build a policy that you thought would fit your needs.
You had a plan for how your future would be, but sometimes life changes in ways that you could never predict. Your regular payments aren’t enough to pay for what you want to do. You need cash now. Many policies won’t let you cash out your payments early, making what once felt like a sound investment feel like red tape keeping you from your future goals. That’s where we can help.
At J.G. Wentworth, we can buy some, or even all your future annuity payments in exchange for a lump sum of cash. In some cases, you can sell your annuity payments and receive the money you need in as little as two weeks after you sign the required paperwork. It’s your money. Use it when you need it.
Why sell your annuity payments? Everyone’s financial situation is different, but for over 25 years we’ve been helping people sell their future payments, we’ve heard many reasons why people want their money sooner. Some of the most popular include:
- Buying a new home or repairing an existing one
- Paying for college or technical school training
- Starting or growing a private business
- Paying for unplanned medical expenses
- Paying off high-interest debt
- Changing an investment or retirement plan
You might have a similar reason, or you could have different plans for your money entirely. We want to help. When you contact us , you’ll speak with a representative who will give you options for selling your future payments for cash you can spend sooner.
If you’re thinking about selling some or all your payments, knowing what they’re worth today is an important first step, but it’s not just a simple calculation. When you set up your annuity, you chose what options, known as riders, you put on it that changes how the payout worked. These riders can change the value of your payments. Other factors that can influence the current value of your future payments include:
- The amount of remaining payments
- How often you receive those payments
- When you’re scheduled to receive the payments you’re looking at selling.