Our most recent blog series provided answers to some common questions asked by structured settlement recipients who are thinking about selling their future payments for cash. Today we’d like to begin a new series of blogs for annuity holders, and answer some questions they may have. Here are the most common ones our trained team at J.G. Wentworth usually hears, beginning with:
Is it really true? – Can I sell my future annuity payments for cash now?
Absolutely! Most annuity holders around the country have the option of selling their future annuity payments for a lump sum.
How much is my annuity worth in cash now?
Just as with structured settlement payments, there are many factors that go into the offer J.G. Wentworth can make you. These include how much money is scheduled to be paid out to you, when that money is scheduled to arrive, and how much of your annuity payment stream you would like to sell.
What do you mean “how much of my annuity payment stream you would like to sell”? Are you saying I don’t have to sell all of it at one time?
Actually, you don’t. For qualified annuity holders J.G. Wentworth can arrange what is called a “partial buyout”, in which you can receive some money now and still get a portion of your future payments down the road.
I see lots of annuity payment purchasing companies out there. Why should I go with J.G. Wentworth?
We’re always happy when customers ask us this question, because we believe the answer is simple: while there certainly are many companies from which to choose, only ours has the experience and know-how to deliver to you the most value for your payments fairly and efficiently. We have been in business over 21 years, have handled over $4 billion in future payments transactions, and currently have a Better Business Bureau rating of A+ – a combination of qualities no other company can match!
I am interested in learning more, how do I get started?
Our second favorite question! All you need to do is reach out to J.G. Wentworth now at 877-227-4713. Within minutes you can receive a quote – one that you are under no obligation to accept, of course – and if you choose to move forward with us, can get that money into your pocket, possibly in as little as 2 to 3 weeks (transaction times vary based on individual circumstances)!
Have more questions about selling your annuity payments you would like to ask our company? We hope so, because there is no question we aren’t happy to try to answer! We’ll post more questions and answers about annuities in our next blog, and in the meantime would like to encourage you to call J.G. Wentworth anytime at 877-227-4713.