What Are “Discounted 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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