An insurance product that consumers use to help fund their retirements is selling at record levels, powering demand for corporate debt and commercial mortgage bonds. Last year, sales of annuities, which allow consumers to effectively buy income for the rest of their lives, reached an all-time record high of $385 billion , according to life insurance trade group Limra. That’s up 23% from the year before. The products grew more attractive as rising interest rates translate into higher potential annual payouts from the products. ...
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Decide if you need money right now, and what you will use it for. ; Call today to get a free, no obligation estimate on how much money you can get for selling your annuities for cash. ; We take care of the complicated details and legal paperwork for you. You don't need that stress.
2 Agents or brokers selling annuities must hold a state-issued life insurance license as well as a securities license in the case of variable annuities. These agents or brokers typically...
Selling Annuities ; Selling an annuity can help improve your current financial situation. Overwhelming debt or medical expenses can cause major strain. While receiving monthly annuity payments can help, it may not fully cover your needs. An annuity is an insurance product that provides payments over a set period. They offer ongoing financial stability, but withdrawing funds from an annuity can result in penalties and tax consequences. You can sell all or part of your annuity payments to an annui...
If you are currently selling Annuities or Medicare plans and want to learn how to cross sell Annuities to your clients, this event is for you! Seating is…
You’ve carefully planned for retirement and secured a steady stream of income with an annuity. But then life throws a curveball at you. Maybe your dream vacation home goes on the market, an unexpected medical emergency or you need to help a child with a down payment on a house. Suddenly, that guaranteed income feels more restrictive than reliable. This is where selling your annuity payments comes in. It’s a financial decision that can provide a much-needed lump sum of cash, but it comes at a...
Most frequently, annuities are used to save additional money for retirement as part of an overall financial plan. A person may purchase an annuity contract independently or receive one through their employer. Annuity contracts require you to make a series of payments or submit a lump sum in exchange for income paid out on a regular basis. You won’t pay taxes on annuity investment gains until yo ...
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In this week's episode of TNL, Frank Eufemia shares his expertise on selling annuities, offering valuable insights into the process. He discusses the evolution…