For many structured settlement annuitants the idea that they will suddenly have the opportunity to satisfy financial obligations and reach long-standing goals can quickly turn to disappointment when they realize the periodic payments they are due to receive simply don’t meet their needs or wants. To solve this problem annuitants may opt to sell their future structured settlements for a lump sum, a larger source of money that can improve the financial outlook of the annuitant.
Removing the limitations of periodic payments can certainly work to the benefit of an annuitant but the decision to sell structured settlement payments should never be taken lightly. Perhaps the most important aspect of selling structured settlement payments is finding the right buyer.
AnFed Bank, the only bank specifically designed to serve the unique needs of structured settlement annuitants and lottery winners, takes the guess work out of that search. As a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, AnFed Bank can provide annuitants with a lump sum that reflects the real worth of the structured settlement payments.
Whether you want to sell all of your future structured settlements or just a portion AnFed Bank is dedicated to meeting your needs. Annuitants can always set up a free consultation with AnFed Bank to discuss their options and learn more about what differentiates them from other companies.