You might be thinking that this whole process seems a lot like a “loan against pension” type of setup.

Understandable.

From an initial glance, it does look like you’re borrowing against your pension. In reality, however, you’re not.

You can more properly think of this as a pension cash advance, or a partial/total pension sale. Think of your pension as an asset you can sell versus an asset you can put up as collateral. You sell a certain percentage of your stream of pension payments for the next 8 years and in return, you receive a lump sum pension payment.

As I mentioned on the Pension Loans page, most/no lenders would even begin to consider your pension as collateral, and neither do we.

So why can you borrow from other streams of revenue, such as your 401k, but not your pension?

Look at it this way, your 401k is a large lump some of money which you already own. It’s in your possession. You don’t own the entire amount of your pension… or do you? The answer seems a little ambiguous. Banks don’t like ambiguity. You can’t just go to an account and take out the entire balance of your pension right? You only have access to your monthly, or yearly, payments. That’s a main reason why no one will let you borrow against your pension.

That’s where we come in. We give you the opportunity to take a huge chunk of your pension all at once and do as you please with it.

In the end, what seems like a loan against your pension is really a convenient way of selling your pension.

First and foremost, there are no pension loans or loans against pensions. A bank might count your pension as a small, steady stream of income, but they will almost never allow you to borrow against it.

What you need instead is a total, or partial, pension buyout.

To receive a free estimate, simply fill out our short, zero obligation estimate request form. You should receive a response in 2-3 business days.

You will receive several options in a proposal. At that point, you’ll select the terms that will put the right amount of cash in your pocket now and move on to the short application.

Once approved for a pension buyout, you will essentially sell your pension, or part of your pension, for a large, lump sum pension payment.

When you decide to take the leap and make a significant change in your life, you can receive your lump sum pension buyout in as little as 2 to 3 weeks!

One thing many people don’t think about when considering this kind of transaction is that you can choose to sell all or only a portion of your pension payments.

If you’re not comfortable with selling your entire monthly or yearly pension payment, not to worry, it’s not necessary. Note that the minimum monthly stream of payments we’ll purchase is $500 or $6,000 per year.

Obviously money today is worth more than it will be in 8 years. So what are the costs to you?

The costs to you, the seller, are roughly the equivalent of a 15% cash advance on a credit card. Some plans will qualify for as little as a 13% “fee.” Where else are you going to find quick cash that cheap?

The actual amount we pay you for your pension and the percentage of your pension that you sell us is calculated mathematically, based on the information you give us in your application.

The typical pensioner will receive a few different money purchase pension plans. From those, you can select the option which seems the most attractive to you, and move forward from there.

Here’s what a few very happy customers had to say about selling their pensions:

Without them, I am sure that I would probably be on welfare and living in a “homeless” motel. That may sound a little melodramatic or exaggerated, but for a person my age, that is a very real possibility as there aren’t any employers that will give a person my age a first chance.

Jack E. Anderson, MSgt, USAF (Ret)

we were able to consolidate most of our debt, including paying off a car loan and several high interest credit cards and still had enough left for a wonderful very much needed vacation to Indiana to visit with family and see our son graduate high school, we almost gave up on being able to be there for that.

Dolan G. Priest SSgt USMC(Ret)

We had acquired an insurmountable amount of debt. I applied … and paid off all of our debts by utilizing my pension. With the acquisition of my Ph.D. my income is suitable and will continue to grow.

David J. Thomas, Ph.D.

You’ve done your research. The only thing left to do is fill out our free estimate request below and wait to see how much cash you could have in 2-3 weeks. Keep in mind, these are not pension loans, they are pension buyouts, which give you more freedom.

A lot of you are probably wondering, “can I sell my pension?”

Short answer: Probably! We’ll touch more on this later.

More importantly, some of you might be thinking, “why in the world would I want to sell my pension?”

We like to answer this question with another question: How much is $50,000 worth to you right now, versus $96,000 over the next 8 years? If you have an answer to that question, any answer at all, you’ve answered your own question.

Money always has been, and always will be, more valuable right now. Why do you think companies with monthly payment plans offer to accept less money if you pay for a years worth of payment up front?

Because they can do a whole lot more with your lump sum payment right now than they can spreading it out over the year.

Seems too simple… and it is.

Can you start a business right now with no initial cash on $500 a month? I doubt it.

What about starting a business with $55,000; a business that brings in, say conservatively, over $1,000 a month? Can you make that happen? The odds are much better. My sources say yes. After the $500 of your pension you’ve sold for the month, you bring in another $500. Now you have not only your $500 you would have received from your pension, but you also have a profitable, scalable business. Which is worth more to you?

That’s just one example of why a large lump sum payment will always be worth more than minuscule monthly payments.

One more question: you’ve won the lottery! Do you take your winnings in a lump sum payment or annuity payments? Most lucky winners take the lump sum payment. At Pension-Loan.org, we give you the option of treating your pension like winning the lottery, only the lump sum payment penalties aren’t nearly as bad.

Another thing to watch out for, especially in these uncertain economic conditions, is inflation.

More people than ever are keeping their money in the bank. A while back, it would cost you money to keep your money in the bank because you would see a better return if you invested it. Nowadays, money holders aren’t so sure that idea still holds true, so they’re keeping their money in their wallets.

But you’re not investing your money by taking your pension over the long term right? Right; even worse. You’re setting yourself up as a target for inflation. You have no control over what happens to the value of your pension; you’re at the mercy of the economy.

Now back to “can I sell my pension?”

Here’s the small list of requirements for selling your pension:

• You must be currently receiving your pension payments
• The amount of your pension you’re willing to sell must meet or exceed the minimum requirements: $300 monthly or $3,600 yearly
• The payment you want to sell is not VA compensation
• The payment you want to sell is not social security

If you meet all of the above requirements, you’re eligible to sell your pension.

All that’s left to do is fill out this form to get your free estimate!