AUTHOR

Mike Aiello

Mike Aiello is a financial content specialist at CBC Settlement Funding with expertise in structured settlements and annuities. He is dedicated to helping clients understand their options and make informed financial decisions.

48 articles published

Two people reviewing an annuity buyout agreement at a desk
Annuities

What Is an Annuity Buyout Agreement?

Mike Aiello / July 21, 2026

An annuity buyout agreement is the legal contract at the heart of exchanging future annuity payments for a lump sum. Learn what these agreements include, how lump sums are calculated, and what to review before signing.