These assets are available on a first come first served basis and there is not unlimited inventory! With yields on fixed term secondary market annuity payments from 4.0% to 7.0%, these products are bought quickly. The secondary market annuity payments inventory you see today will not be the same a week from now. The assignment of each secondary market annuity payment purchase is approved by a judge and underwritten by a team of experts before it is closed.
Here at Pacific Structured Assets, Inc. (“PSA”), we provide an opportunity for private investors to acquire high-yield products which were, up until recently available, only to institutional investors. Secondary Market Annuity Payments (“SMAPs”) are paid monthly, annually or in periodic lump sums. The payments are made by life insurance companies like: American General, Allstate, Metlife, New York Life, John Hancock and many of the other annuity issuers you have come to know. With SMAPS, you get the annuity payments from highly rated insurance carriers but at much greater returns to you than if you purchased the annuities from the insurance companies directly. You can elect to receive immediate or deferred income- just as if you were buying the annuity payments directly from the issuer.
What is a SMAP and how does it allow a greater rate of return than buying direct? Essentially, you are buying pre-existing annuity payments (you are not buying an annuity) from individuals that have elected to get a lump sum instead of waiting for the annuity payments to be paid by the annuity issuer. In making these elections, the original annuitants have agreed to sell the payments at a discount and this allows you to pick up the annuity stream from PSA at a higher rate of return than if you bought the very same payment stream directly from the annuity issuer. Whether it is immediate or deferred, large or small, we either have it or will have it shortly in our inventory.
Contact Us With Any Question or to Reserve a SMAP at: 800-449-6311
Learn more today by downloading our Buyer’s Guide below.