IRA Beneficiary
Your Question:
4 years ago, I invested some money in an IRA. The IRA purchased for me a position as beneficiary of a portion of the death benefit on a life insurance policy. I am in need of getting some cash now, but I can’t simply withdraw the funds. I need to sell/assign my position as a benficiary. Would your company be interested in purchasing my position? Thanks,
Jon
Our Answer:
Very creative thinking Jon! I am sorry we can’t help. Prosperity Partners does not work with IRAs or life insurance policies. The owner of the policy can change the beneficiary at will. A difficult position to secure. We primarily advance annuity payments paid by insurance companies. Retirement vehicles like IRAs and Life insurance policies are not in out family of services.
Do a search on google for “sell my life insurance policy”.
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