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Informational Resources | Annuity Products

StructuredPayments.Org is pleased to bring you the latest on all facets of structured payments -including the following:

When you cash out a Structured Settlement Annuity or an Investment Annuity, you usually receive a single lump sum payment, or several accelerated payments.

Depending upon whether you have an investment annuity or a structured settlement annuity, you may or may not have a right to sell off (or assign) your annuity to someone else. Strictly speaking, in most cases, such annuities are not actually owned by the holders. They usually have a right to receive periodic payments against the same. Such annuities are usually tax free, and often do not allow the holders to sell it off or to assign it to someone else without a prior judicial approval. In many cases, a sizable amount of excise tax may have to be paid if such an annuity is sold or gets assigned to someone else. It is important, therefore, to consult with a financial advisor, or an investment attorney specializing in applicable laws.

An experienced structured settlement professional is usually well-positioned to look into the specifics of your annuity, and to help you determine your best options.

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