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News About Settlements

* Did You Know?
  • Deferred annuity - chiefly a vehicle for accumulating savings, and eventually distributing them either in the manner of an immediate annuity or as a lump-sum payment.
  • Annuity (finance theory) - refers to any stream of fixed payments over a specified period of time.
  • Annuitant - the holder of an annuity.
  • U.S. Structured settlement definition - for Federal income taxation purposes is defined in Internal Revenue Code Section 5891 (c) (1).
  • Structured settlement payments - sometimes called periodic payments.

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