A structured settlement annuity is an innovative settlement planning tool utilized in personal injury, workers comp or wrongful death claims. It protects and strategically distributes a claimants’ compensation through a series of
guaranteed, tax-free payments issued over time.
 

Structured settlement annuities may also be utilized as a tax-deferral strategy for any non-physical injury claims or income related lump sum payments, otherwise fully & immediately taxed. You must make the decision to utilize a structured settlement prior to finalizing your settlement agreement.

Using a fixed annuity, the insurance company (or defendant) directs all, or a portion of, your settlement proceeds to a third-party assignment company. Next,
the assignment company uses those funds to purchase an annuity through a structured settlement carrier. Finally, the annuity carrier makes payments to you, the claimant, following a chosen payment schedule (see options below).