Tip - Don't Want Your Annuity? You May Be Able to Sell It

Are you receiving annuity payments but you'd prefer a single lump-sum payment instead? As appealing as receiving a lump-sum payment might sound, you may be under the impression that you're stuck with those annuity payments and a lump sum is out of the question. Not necessarily. You may be able to exchange your annuity for a lump sum through a secondary market for annuities.