What Are “Discounted Annuities”? |
November 9, 2013 |
Member Posts, Secondary Annuities
Written By: Ken Olshein in Houston, TX Investors looking for a higher return than that of a Traditional Annuity, an Immediate Annuity, a Bond, a Certificate of Deposit (CD) or Money Market fund with similar risk should consider Discounted Annuities….also known as Secondary Market Annuities. These are structured settlements consisting of payment streams (or a lump sum payment) that are sold by Factoring Companies who purchase them from claimants looking to get cash in exchange for their future payments. The discount comes in because the...
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Stan The Annuity Man |
October 31, 2013 |
Annuity Basics, Annuity Definition, Ask Stan The Annuity Man, Member Posts, Secondary Annuities
Question: What is a secondary market annuity? Also, where and how can I buy them if I’m interested? from Jess in Brookfield, Wisconsin Answer: Excellent question about a very small (but growing) niche market within the annuity world. As you know, there’s a secondary market for just about every product on the planet, and that includes annuities. If you are shopping for higher yield and higher payments, then this might be a product type that you want to explore because yields can be 2% higher...
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