by John Darer® CLU ChFC MSSC CeFT RSP CLTC
A structured annuity is a type of qualified funding asset* used to fund the periodic payment of future damages from the settlement of a lawsuit or legal dispute.
A structured annuity is fully customizable annuity allowing for many different types of structured settlement payment streams. More than one structured settlement payment income stream is possible in the same contract and can include immediate and deferred elements. Structured annuities are offered through a limited number of life insurance companies through specialists who are appointed brokers or agents of those structured annuity companies
Structured Settlements | What You Need to Know About Structured Settlements (4structures.com)
Last updated August 30, 2023
- qualified funding asset is defined in IRC 130(d)
