That’s no longer the case, thanks to the secondary market. Annuities are packaged into asset-backed securities and sold typically to big institutional investors. Any annuity is up for grabs, except for those held in retirement-specific 401(k), 403(b) or IRA accounts. Selling holds the most appeal for annuity owners who want another investment for tax reasons or better returns, [...]

Why sell an annuity? is a post from: Buy-Sell Annuity