Back a few months ago I wrote an article about how to sell annuity payments in return for a lump sum amount of cash. However, in that article I didn't really cover the reason why you defiantly don't want to sell. So in this post I want to cover 6 reasons why you should never sell your annuity payments. Why You Shouldn't Sell Someone told you to sell. The worst part about … [Read more...]
Should You Sell Annuity Payments For A Lump Sum
Imagine this, you recently annuitized your annuity, this is the process were you hand over ownership of your annuity in exchange for them to pay you a payment to you for the rest of your life, and all of a sudden your spouse gets very sick and you need to get more money to pay for the medical bills. How do you get the money? You sell it to a buyer who is willing to pay you … [Read more...]
