Structured Settlements 4Real®Blog 2026

Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.

A Secondary Market Annuity is a Load of Hooey

by Structured Settlement Watchdog

A #SecondaryMarketAnnuity is not an #annuity says the NAIC*.

If you invest in an SMA, you have no insolvency protection in 40 states** and the NAIC pushing hard for all 50 states to adopt 2017 revision to the Life & Health Guaranty Association Model Act (#520).  Make sure you know what you are buying. Don't "duck up" your retirement!

Secondary market annuity is a load of huey

Don't "duck up" your retirement

 ** Last updated July 12, 2025. 

Note that existing investors are NOT protected because the Model Act, if (or when adopted by a State) applies regardless of when the rights to (someone else's) structured settlement payment rights were acquired

* Statutory Issue Paper No. 160 April 6, 2019 

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