Structured settlements are typically used to resolve personal injury cases, since the defendant and his or her liability insurer can save between 10% and 30% on the transaction. In fact, U.S. Congress actually adopted specific tax laws to encourage the use of them for that purpose. If you’re receiving structured settlement money but would...
How to Sell Your Annuity or Structured Settlement
Structured settlements or annuities are payments, often resulting from a lawsuit or investment, which entitles the owner to receive a set payment every year. There are a few differences: for example, people typically buy annuities as an investment to help manage their income in retirement. Among non-qualified annuity owners, most are female, and 80%...