It is possible to sell annuity payments for cash. The most common options are to sell the entirety of the annuity payments or to partially sell the payments. Partial sales allow an annuity owner to receive a lump sum of money in exchange for a portion of the payments while still keeping the rest of the payments available. This is an alternative to withdrawing from the annuity early, which is not recommended as it can be costly and involve high taxes. Additionally, an annuity owner can opt to sell a portion of their investments in exchange for a lump sum of money. This can be beneficial for those who need the money and don’t want to sacrifice their annuity payments permanently. Companies like RSL Funding and JG Wentworth offer cash for annuities, and RSL Funding pays $7,000 more on average than JG Wentworth. If you are considering selling your annuity payments, it is important to research all your options and ensure that you are getting the best deal possible.

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