What Are Secondary Market Annuities?

Posted on June 19, 2013

Heard of Secondary Market Annuities? These are actually previously owned Annuities.  They are totally legal and are a way to get high rates of return without gambling away your money.

Simply put what this means is if somebody has an accident and receives a favorable judgment their payment is usually given to them in the form of an annuity.  They are paid a certain amount of money over a defined period of time.

What people don’t often realize is that these annuities can be bought and sold. This has been a strategy that corporate investors have been aware of for many years.  But it has only been recently that individuals have been offered an opportunity to participate in these safe and secure purchases.

People sell these annuities for a variety of reasons.  Sometimes the recipient needs the money faster than the scheduled payments.  Or they are seeking a lump sum to invest in buying a house.  Or perhaps their health is declining and they would like to have access to more of the money immediately.  Finally in some instances, the recipient has actually passed away and their estate would like to make a payout to their heirs.

To sum it up, annuities can come back on the market for a variety of reasons and that gives you the perfect opportunity to participate.

Previously owned In-Force™ Fixed Term Annuities offer an exceptional opportunity for the savvy buyer to combined high rates of return with safety and security.  They offer a simple and affordable way for buyers to meet financial goals such as saving for retirement or a child’s education or improving overall returns on a balanced portfolio.

Curious to learn more?  Contact us to set up a time to talk about this opportunity in further detail so we can help you decide if it is the right choice for you!


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