Recently we have been seeing an increase in funds marked for a primary market annuity being used to purchase a secondary market annuity in an effort to obtain a better rate of return for the payee.
It is basically recycling of financial tools, if you think about. in the end the payee does not know the difference all they know is the settlement they received is being paid out over time.
Behind the scenes intricate plans have been set up to purchase payment streams on the secondary market that exceed to amounts the payee would have received had the money been used to purchase a primary market annuity.
Originally posted 2015-01-16 20:05:30. Republished by Blog Post Promoter