As with any big financial decision, there is a significant amount of planning that must go into selling your annuity. If you take the time to carefully prepare for selling your annuity for a lump sum of cash then you will experience the best possible customer service standards and ultimately maximize your return. Here are some tips for getting the best experience - and most importantly, getting the most money - when it comes to selling periodic payments for cash now.
Choose the right company. There are many different companies that offer this service, but each of them has varying levels of experience and customer service standards. It's important to do some research into several annuity buyers to find out which of them fits your individual needs. Some important questions to ask are: Does the company have live representatives to help me through the process, or will I get a machine when I really need to talk to a person? How many years has the company been in business? What are their customers saying about them in reviews and testimonials? The answers to these questions should guide you towards the company that will offer you the best overall experience.
Get the most for your money. Whether you choose to sell your annuity for cash to pay down your debts, pay for a loved one's college tuition, or to start your own business, one thing remains the same: you'll want to get the largest lump sum you can in exchange for your periodic payments. If you shop around for the best option you can rest assured that you are getting the best deal in order to reach your financial goals.
