How to sell an annuity?
I am thinking of building / obtaining a lump sum of a fixed annuity. I've been looking around the Internet and found a lot of information about purchasing annuities – but not much in the sale of one you already have. FUNDAG I need to pay for college and living expenses (I have 24 years of age, do not need this annuity for retirement). I'm also a bit of a pickle and need to do so soon because you just lose my work to the reduction. (The economy is in the pits.) Any advice or if someone could point me in the direction of more information?
There are many companies who buy annuities, as Peachtree financing, JG Wentworth, Stone Street Capital, Investment and Woodbridge. You can find all these on the Internet by a Yahoo search. Be aware that an annuity is not payable for 41 years has very little value.
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