What is inventory of secondary market annuities

Post on 22-Jan-2018

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Transcript of What is inventory of secondary market annuities

What is the

Inventory of

Secondary

Market Annuities

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Secondary Market Annuities

Often, individuals are awarded annuities as a result of a lawsuit or winning a state lottery. Instead of a large one-time payment, they receive a series of payments over time.

Sometimes these individuals cannot afford to wait for

years for their entire payouts. They can elect to sell their

future payments to someone else in exchange for a lump

sum payment today. The “resale” of these annuities

are secondary market annuities.

SMA -Secondary Market Annuities

Inventory of Secondary Market Annuities

us today to see our