answersLogoWhite

0

You can get cash for an annuity, but it's usually done through a third party rather than your bank. You can, however, use an annuity as collateral on a secured loan obtained through a bank.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Can I get a cash advance on my lawsuit settlement through my bank?

No. Cash advances on a lawsuit settlement is a specialized process. This process is a loan with high interest rates. This is usually negotiated between the company and the attorney. The company assesses the risk based on the probability of amount of settlement.


Where can one find information about fixed annuities rates?

To find out about fixed annuities rates visit your bank provider at your local bank. They will be able to provide you with all the information that you require.


Does my bank offer any insurance on my annuities?

Most banks offer some sort of insurance on annuities, often at a yearly fee.


What is the journal entry for Advance Salary paid to ram through Bank?

advance salary a/c dr to cash


How do you learn about prudential annuities online?

Check out your local bank for answers to your prudential annuities needs. They will be able to provide information that will help you in your endeavor.


Where can you find more information about life annuities?

You can find information about Life Annuities by contacting your local bank representative or your local financial advisor.


When was Advance Bank created?

Advance Bank was created in 1985.


When did Advance Bank end?

Advance Bank ended in 1997.


How can you get a cash advance from a bank?

A cash advance is typically a loan taken out against a line of credit such as a credit card, the cash advance typically charges a substantially higher interest rate. In order to get a cash advance from a bank, one needs to provide the bank with a line of credit that they can use as collateral to the cash advance they provide, this is typically done through the use of a credit card.


Are structured annuities FDIC insured?

Money in a bank is FDIC insured. Money with an insurance company is actually safer than with a bank.


Will it be worth using ING variable annuities?

With all the different places to use online for annuities and investing, many companies offer 'perks' for choosing them to bank with. Investing into a variable annuities could result in a big profit but no loss, so it would be worth it.


How does one go about buying annuity?

Buying an annuity can be done through a bank or through a private individual that owns one of these annuities. Simply put, a person simply needs to find one they can afford and then make a purchase.