ANNUITY
Annuity
"An annuity is an insurance contract. An annuity contract is created when an individual gives a life insurance company money which may grow on a tax-deferred basis and then can be distributed back to the owner in several ways. The defining characteristic of all annuity contracts is the option for a guaranteed distribution of income until the death of the person or persons named in the contract. Perhaps confusingly, the majority of modern annuity customers use annuities only to accumulate funds and to take lump-sum withdrawals without using the
guaranteed-income-for-life feature."
Source : Wikipedia
Now you can sell your annuity and make money soon, There are so many annuity buying companies out there in our country. Now you will get a nice amount from your lottery earnings in advance, why wait for all the paper works and install payments. So in that manner you don't have to wait for many years for the money you already earned. The value of money is decreasing day by day, if you do not get your annuity money now, by the time you get that money there will be no need for that money. So its wise to go to some annuity buying services and sell your annuity at once.
Selling your Annuity in your country
Annuity contracts in the United States are defined by the Internal Revenue Code and regulated by the individual states. Annuities have features of both life insurance and investment products. Because of legal action you will get some settlement payments. There will be a settlement or agreement between the two parties for a payment annually or as small installments. The defendant, in conjunction with an insurance company, purchases an annuity policy from another insurance company. The annuity policy makes payment now and in the future to the original lawsuit’s plaintiff. You can also sell your pension if you are in need of immediate money. whatever your future financial income is let it be structured settlement, annuity, mortgage note, lottery winning or an expected litigation settlement you can get the cash today itself
more reading recommended
Many individuals who have settled an insurance claim are receiving periodic annuity payments and cannot afford to wait out the terms of their settlement and have a need for cash now. If your annuity payments are extended over a long period of time, and no longer meet the financial needs in your life and you would prefer a large sum of cash today.......
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