Originally published at: Be Careful, Companies Offering To Buy Your Federal Annuity - FreightWaves
The Office of Personnel Management (OPM) reports: OPM has recently learned of an aggressive marketing push targeting Federal annuitants. Companies are offering a cash payment in exchange for a portion, or all, of your future annuity payments generally much less than their long-term worth, and typically charging high interest rates and fees. We have specifically…