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Your annuity payments could be the key to getting the money you need.

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Getting Cash for Annuity Payments

If you have an annuity, you can get a lump sum of cash for annuity payments instead of the periodic annuity payouts.

This is an option many annuity recipients choose, whether they are getting the cash to cover rising expenses, buy a new car, remodel their home, or supplment their income after a job loss.

You'll want to get the most cash for your annuity payments, and that might mean calling several companies that purchase annuities for cash to get the best deal. After all, it's your money and you want to make the most of it.

Most companies that buy annuities for cash will provide a free, no obligation quote. If a company you call asks for a fee up front, you are not dealing with a reputable annuity buyer and should hang up.

Cash for Annuity Payments: How Much?

The amount of cash for annuity payments you can get is dependent on the value of the annuity and the payment schedule. When you call for a quote with the number on this page, an experienced annuity specialist will walk you through the process and explain everything in detail for you.

Unlike structured settlements, annuities can be sold at any time and don't require complicated legal approval to sell. This means you get your cash faster.

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Documentation Needed to Receive Cash for Annuity Payments

There are just a few items needed to verify you annuity information so that you can sell it for a lump sum. Those are:

  • Identification - a driver's lisence, passport, etc.
  • Completed application - his is a document you'll complete once you've decided to sell. You'll receive a fully transparent quote before asked to sign the agreement, so you know exactly how much cash you'll receive for your annuity payments.
  • Annuity information - if you don't have a recent annuity statement available, we can help you obtain one. Just contact us and an annuity payment specialist will assist you.

Cash for SIPA Payments

SIPA, an abbreviation for Single Premium Immediate Annuities, are eligible for sale. They are able to be sold for any reason, at any time, and don't require a judge's approval. For a quote on the amount of cash you can get for your SIPA payments, call us.

Get A Free Annuity Quote

Your annuity payments could be the key to getting the money you need.

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For faster service, call an annuity professional Right Now!!

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Laura Bushnell

Laura Bushnell is Editor in Chief for NLRBFCU and based in Boston. Previously, she held senior VP level positions in corporate finance and consumer financial planning firms. A seasoned, enthusiastic financial manager with over 20 years of experience in corporate finance, annuities, structured settlements, and financial planning.