Why Selling Your Annuity for Cash May Be Worthwhile - DRB Capital
parallax background

Why Selling Your Annuity for Cash May Be Worthwhile

structured settlement lump sum of cash
What to Know Before Selling Your Structured Settlement
March 7, 2015
types of annuity payments
The Different Types of Annuity Payments
April 20, 2015

Annuity payments are periodic payments that can come from a self-owned annuity or as a result of a structured settlement agreement. Since annuities are paid over a period of time, the value of the periodic payments may decrease as the cost of living increases over time. For example, the cost of a dozen eggs has gone up greatly the past decade! In 10 years, its price has increased 58% from $1.21 in 2005, to $2.09 in 2015The value of the periodic payments from an annuity, however, do not increase with these increases in the cost of living. People often prefer to sell annuity payments in order to pay off large bills like medical expenses, purchase a home or car, or start a business.  By taking care of large bills now, you are essentially saving the money that may have been wasted on interest and fees. Others may prefer to cash in their self-owned annuities to get the most value out of it now, despite the brokerage fees that can result.

Exchanging your future annuity payments for a lump sum of cash is wise choice for taking care of pressing financial issues as well as a way to ensure a brighter future. When you consider the fact that the cost of living is constantly rising and the value of your settlement will decline as the years go by, selling your annuity for cash today can be a smart move. Securing money at today’s value can be invested into something that gains interest or value over time such as pursuing your education or fixing up your home.  By selling your annuity payments now and making wise investments, you can be certain that you’ll be getting more bang for your buck.

Not all annuity payments qualify for purchase. If your payments are the result of a structured settlement, you can generally sell your payments after obtaining court approval. If you are the owner of the annuity or if receive payments under an annuity that is not the result of a structured settlement, you may be able to sell your payments without having to go to court. To determine which type of annuity you have and to discuss the best options for receiving a lump sum payment, speak with a knowledgeable representative from DRB Capital.

If you are looking to sell an annuity, look no further than DRB Capital! DRB Capital has the best customer service in the industry and that is what sets us apart from other buyers of structured settlement and annuity payments. If you have any questions about how you can turn your future structured settlement money or annuity payments into a lump sum of cash, please call us at 877-894-4541.


Google reviews
consumer advocate