What is a Structured Settlement Annuity?
A Structured Settlement Annuity (SSA) provides tax-free, periodic payments over a period of time, specifically designed to meet an injured party's needs. Specialized brokers facilitate the settlement process, as well as help design and negotiate the structure. Over $6 billion dollars of structured settlements are purchased annually.What are the product features?
- A stream of tax-free payments for a scheduled period of time.
- Meets the ongoing financial needs of the injured party and/or their dependents, including medical expenses and replacement income.
- Funded by a fixed income annuity backed by a large, financially strong life insurance company.
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