Structured Settlements

Can a plaintiff purchase a structured settlement annuity himself or herself and still qualify for a tax-free benefit on the earnings?

No, If the settlement dollars are invested by the claimant, the interest earned will be subject to tax.

Federal tax treatment of structured settlements are governed by the Internal Revenue Code of 1986, as amended (IRC). In particular IRC Section 104(a)(2) provides that compensation received on account of personal injury or physical sickness is not includable in gross income, whether received in a lump sum or as periodic payments.

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Structured Settlement 1.Get tomorrow's money today. If you have future payments coming to you in the form of structured settlements or annuities and you need cash now, let us get you what you need.

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Structured Settlement