1. 0 POINTS
    David RacichPRO
    Fountain Hills, Arizona
    Secondary Market Annuities are lifetime or annuitized annuities that are sold generally for a lump sum payout for the annuity owner who needs cash in bulk and not in payments because of an economic challenge they may be facing. The secondary market makes claim of higher yields for income replacement, but is no guarantee to do so.
     
    Answered on May 29, 2013
  2. 75 POINTS
    Tyson Wright
    VP Sales & Business Development, SMA Hub, Inc., Lake Oswego, OR
    Secondary market annuities offer fixed term payment streams from top quality insurance carriers. The high quality creditworthiness of the insurance carriers usually translates to lower returns to the investor, however secondary market annuities come with yields one to four percent higher than comparable assets.
    The term secondary market annuity has become an industry standard referring to a factored structured settlement, previously owned annuity or in-force annuity.
    Secondary market annuities offer all the benefits of the primary market, period certain, guaranteed yield annuity. Simply put, secondary market annuities offer higher returns without additional risk.

    Hope this Helps

    Tyson Wright
    SMA Hub, Inc.
    Answered on July 8, 2014
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