Investment annuities offer a means of saving for retirement, allowing you to defer tax payments on the funds you add to the account, and guaranteeing a steady income over a long period of time. As long-term financial products, annuities are often purchased with specific financial goals in mind.

Annuities have some drawbacks, however. You can only access funds once the annuity matures. Draw money out of the annuity before that point and you may pay costly penalties. Also, commissions and annual fees could deplete the annuity balance by as much as three percent each and every year.

Reasons to Sell Annuity Payment Portions

When financial circumstances change, you may need access to the capital locked away in your annuity. The reasons to trade cash for annuity payments vary, but common motivations include:

  • Buying or renovating a home
  • Funding a business startup
  • Investment opportunities
  • Paying college tuition
  • Paying off debt

If you inherited an investment annuity, you may simply prefer the freedom of a lump sum rather than long-term structured payments, which may not meet your financial needs.

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Annuity Sales Restriction

Not all investment annuities can be sold or assigned. Also, IRAs, 401(k) accounts, and 403(b) accounts are not eligible for FAST’s Annuities program.

Preparing to Sell

You choose whether to sell the entire annuity or a portion of the payments. Selling the entire annuity will result in more cash per payment sold. On the other hand, if you instead decide to sell only a portion of your annuity payments, the remainder will still belong to you and will provide you with a steady stream of future income.

Cash for Annuity Payout Amounts

The lump sum payout you would receive from an annuity sale through FAST depends on a number of factors, including the total amount of payments being sold, the time period over which those payments occur, whether or not your annuity has a death benefit, and prevailing interest rates. Before committing to any such sale, FAST recommends that you consult a financial advisor and tax professional.

FAST’s passionate, talented and experienced Account Executives can help you sell your annuity payments.

With a proven track record of success, FAST  will do our best to beat any legitimate offer made by a competing structured settlement factoring company – and we will be open about it.

Why settle for less? Contact us to discuss the sale of your annuity payments today.

Compare our FREE quote with others you may have already received! Talk to a member of our Team and experience the FAST difference!

Info@FastAnnuities.com

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Structured settlements don't always pay out when you need them to!

Fast Annuity Settlement Transfers works hard to get you the best value for upfront cash in a lump sum, with integrity & compassion - and FAST. We pay upfront cash in exchange for the right to receive payments from insurance companies that result from the settlement of personal injury, wrongful death or medical malpractice claims. We'll work closely with you and your family and do our best to help you solve your financing problems. It is our mission to make the process as uncomplicated for you as possible, and to work only with integrity and compassion, getting you results you can feel really good about.

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