Interest Rate Hikes Good For Structured Settlements
John Darer • January 29, 2018
Short Term Structured Settlements Back on Radar 2 Year UST Highest Yield in 10 Years | 10 Year UST Close to 4 Year High
The continuing rise of short term interest rates puts shorter term structured settlements back on the radar.
There are many scenarios where shorter term structured settlements come into play for at least part of the stable cash flow needs of a plaintiff or attorney.
- Commercial contracts
- Age Discrimination in Employment
- Teenage plaintiff with need to help pay for college or graduate school education.
- New York CPLR Article 50-A or 50-B Pain & Suffering component of structured judgments.
- Plaintiffs in their late 50s or early 60s using a structured settlement to help maximize Social Security. by deferring the start date until age 70. Motley Fool writes January 29, 2018 " or you can afford to wait--perhaps because you're healthy, enjoy your job, and you would like to keep working as long as possible, it can make sense to delay starting to collect. If your family members tend to live very long lives and you expect to do the same, that's another good reason to delay, if you can, because you're likely to collect bigger checks for a longer-than-average period". For those born 1960 or later the difference waiting to age 70 to begin receiving Social Security is 62%. [ Source: Social Security Administration]
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Structured attorney fees where the attorney is seeking a short term deferral.
Each person's situation should be considered based on that person's unique set of facts.
In the structured settlement annuity industry, dominated by many of the largest life insurers in the United States, Independent Life Insurance Company (ILIC) achieved significant milestones in 2024. Good news, positives and some concerns discussed in this lattest post.
Prudential and Pacific Life have once again been named among the world's most ethical companies. Prudential received the award for the 11th time., Pacific Life received the award for the 8th time. Prudential and Pacific Life are leading issuers of structured settlement annuities.
John Darer reviews structured settlement annuity market expansion featuring 3 new entrants Athene Life & Annuity, American National (ANICO) and Puritan Life as well as MetLife's development of a best in class
What is a Settlement Agreement and Release? What is the role of a Settlement Agreement and Release in establishing a structured settlement? What is a compromise?
John Darer reviews the primary structured settlement market, secindary market and tertiary structured settlement markets
A structured settlement annuity does not drive the tax consequences of structured settlement annuity payments. It is the type of damages the structured settlement annuity payments represent, as reflected in the relevant settlement documentation executed by the settling parties
Structured settlement beneficiary death claim. An executor cannot change the beneficiary of a structured settlement annuity. StructuredTypically, settlement agreements permit the Payee to name or change a beneficiary, provided such change is in writing and submitted to the Assigmment Company or annuity issuer in writing and in proper form.
Which life insurance companies write structured settlement annuities for personal injury and wrrongful death settlements in Bronx, Brooklyn, Staten Island, Queens, Manhattan, Long Island, Westchester, Erie, Rockland, Albany,Monroe in 2025 through licensed representatives?
Why Structured Settlements? Because Certain Sells® Structured settlements offer predictable income streams, which can be appealing to rein in uncertainty. John Darer reviews some other reasons that structured settlements are increasingly being used to settle cases:
Structured settlements have roots that trace back more than 100 years, from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as the core personal injury settlement planning tool it is today.
