A Primer on Secondary Market Annuities (SMAs)

Posted on: May 26th, 2016 by Somerset Wealth Strategies

(EDITOR’S NOTE: Buying secondary annuities is a complicated process layered atop a foundation of traditional annuities, the specifics of which can also be complicated. In addition, this is a challenging time to try to buy a SMA because fewer are available, the result of changing market dynamics. Potential SMA buyers need to fully understand the […]


A Secondary Market Annuity May Be Right for You – But Be Careful

Posted on: July 2nd, 2015 by Somerset Wealth Strategies

Think you might want to buy a secondary market annuity – a guaranteed stream of payments you ultimately buy from someone else, usually at a discounted price of 10-15 percent? It might make sense if you’re seeking a higher rate of return in today’s ultra-low interest rate environment. But buyer beware – these are complicated […]


Secondary Market Annuities: The Safe, Reliable Transfer of Lottery Winnings

Posted on: December 12th, 2014 by Somerset Wealth Strategies

When an individual is awarded an annuity as a result of a lawsuit or winning of a state lottery, instead of receiving a one-time, lump sum of cash, they are given a series of payments over time. Often, these individuals either don’t want to, or can’t afford to wait the many years for their entire […]

A SMA Chain Is Only As Strong As Its Weakest Link: The Secondary Market Annuities Purchasing Process

Posted on: March 6th, 2014 by Thomas Hamlin

There are many steps in the Secondary Market Annuity “SMA” purchasing process and a chain is only as strong as its weakest link. The challenge is finding where the weak link exists, if at all, and how to find it? The SMA purchasing process is more like buying a house than buying a primary market […]

Making Certain your SMA is Safe

Posted on: December 20th, 2013 by Thomas Hamlin

You may have heard about SMAs also known as Secondary Market Annuities, In-Force Annuities, Pre-Owned Annuities or, by their more clinical name, Factored Structured Settlements. You may have even purchased one or more or you may be learning about them for the very first time. In any event what they are is arguably the highest […]

Structured Settlement Sellers Should Shop Around

Posted on: December 19th, 2013 by Thomas Hamlin

If you are looking to sell some or all of your structured settlement payments be smart about it and shop around. Structured settlement sellers have either been personally injured through an accident or mentally injured by the unnecessary loss of a loved one, isn’t that enough?  Your legal team presumably fought hard for you and […]

Seller’s Market but Who’s Your Advocate?

Posted on: December 10th, 2013 by Thomas Hamlin

A severe seller’s market exists in the factored structured settlement space however the most preferential pricing is not achieved by all sellers.  Factored Structured Settlements “FSS”, also known as, Secondary Market Annuities “SMA”, In-Force Annuities “IFA” and Pre-owned Annuities “POA”, are primarily the transference of structured settlement payment rights from injured parties through a court […]

A Risky Secondary Market Strategy: Betting on Death

Posted on: December 2nd, 2013 by Thomas Hamlin

Only two certainties in life: death and taxes. It’s a well-worn cliche, but in the case of the secondary life market, death just isn’t certain enough. Both supply and demand for this hotly-contested  after-market are ballooning. Investors are gobbling up life insurance policies from third parties, and collecting death benefits when they die…if they die. […]

WSJ: Most Americans not financially prepared for retirement

Posted on: December 2nd, 2013 by Thomas Hamlin

Are you financially prepared for retirement? A new working paper published by the National Bureau of Economic Research, “Americans’ Financial Capability” surveyed nearly 1,500 Americans two summers ago, and highlighted some shocking trends illustrating the inability of many Americans to properly save for retirement. We’ve included some of the findings: – Half of Americans surveyed […]

Secondary Market Annuities Article by “Stan the Annuity Man”

Posted on: December 2nd, 2013 by Thomas Hamlin

Yesterday’s (10/29/2013) MarketWatch article by Stan “The Annuity Man” Haithcock is the most well written, thorough and complete article on Secondary Market Annuities (AKA In-Force Annuities and Pre-Owned Annuities) I’ve seen to date. My hunch is his has