Selling an Annuity

Now back to the main topic of finding the best deal for someone to buy your stream of annuity payments. You know how much you’re going to get over the lifetime of your structured settlement, and you know what the present value of that cash flow is. Now you need to find some brokers and get a few quotes.

I recommend getting no less than three quotes. Chances are you’ll get two lower and one higher quote, which is why three is the magic number. With two quotes, you might get two lowball figures, whereas I’ve found it’s quite uncommon for a third to be below market value as well.

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