Blog Post

MetLife's Non Qualified Assignment

John Darer • Nov 02, 2017

Non-qualified assignment | A tax efficient way of settlement of taxable damages

MetLife began offering a domestic non qualified assignment option in early 2018, through its Delaware based MetLife Assignment Company. The funding vehicle will be issued by Metropolitan Tower Life Insurance Company, currently rated A+ by A.M. Best and Aa3 Moodys. This is good news for those who prefer a domestic non qualified assignment option.

Non qualified assignments (also known as non-qualified structured settlements) are a tax efficient way of settlement of taxable damages.

MetLife offers a great solution with the only limitation is that the periodic payments must confirm to IRC 72(u), which means payments must begin with a year and be substantially equal. Other non qualified assignment options, which can be packaged together with MetLife to accommodate the financial needs of a client wants longer deferral.

Read about non qualified assignments.
Read the MetLife Non Qualified Assignment Fact Sheet

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