Pension Payments - Instant Collateral

By Terri Polk

So you are finally ready to retire. You've put in 30, maybe 40 good years at your company and now you're ready to kick back and collect those pension payments. But what if, upon retirement you want to buy a vacation home, but don't have the down payment to lay out? Or maybe you decide you want to go back to school to get that MBA you always wanted to complete but never had the time for? Finding large sums of money for items like these can be difficult. But there is another option - early pension payments. There are reputable companies who can give you cash advances on your pension payments, using the plan itself as collateral.

This arrangement is different from a loan, where repayment is calculated on a term basis. When you receive an advance on your pension payments, a company will actually buy a certain number of your payments in order to give you a lump-sum of cash. Then, instead of having to repay that amount, you simply give up your right to a specified number of future pension payments.

The benefits of this type of cash advance are many. First, most types of pensions are eligible, including military and civil service pensions, as well as public and private corporate pensions. Also, the cost for using this service can be less than the cost of traditional financing. Also, your cash advance can usually be processed quickly, which is the biggest benefit of all, because you are then free to use your money as you wish, to pursue that home, that degree, or whatever your heart desires.

For further information about receiving a cash advance on your pension plan, contact a reputable cash advance company.

Early Cash 4 U : Andres Financial Group Cash Advances http://www.earlycash4u.com The Andres Financial Group specializes in helping people with future payments get their money today. We have helped thousands of people get cash now for their future payment streams. The Andres Financial Group is a network of highly trained professionals that have over 30 years of combined experience in the buyout of future payment streams. Written by Terri Polk at http://NewSunSEO.com