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Payments For Sale? – For Annuitants

Are you an annuitant and selling your payments?

Somerset believes that you, as an annuitant, deserve to understand all relevant and important facts and ramifications when you are considering selling your payments. This is an important decision on your part because you will be selling future payments from your annuity that you will not be able to have if and when you need them down the road. Accordingly, Somerset suggests the following:

  • Retain an independent financial advisor ( such as a lawyer or accountant) who can help you understand what are the upsides and downsides of selling your payments
  • Once you understand these ramifications, shop around to get the best terms you can. This is a very competitive industry and buyers of payments (originators) want your business. Go to the internet, Google companies that buy these payments, and visit their web sites.
  • Contact Somerset. Although Somerset is not a broker and has no affiliation with any originator, it will explain to you what these transactions are all about and the most reputable originators to contact. You may contact us at (800) 813-4000 between 6:30 am and 6:00 pm (PST) Monday through Friday to speak with a representative.

Somerset Wealth Strategies, the parent company of SecondaryMarketAnnuities.com, is one of the nation’s leading distributors of secondary market annuities, factored structured settlements and lottery winnings . We strive to provide a superior product to our investors through reputable origination companies who share our common goal.