Structured Settlement Annuity Additional Resources - Page 6




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News About Settlements

* Did You Know?
  • Compounding - to compute interest on the principal and accrued interest together, rather than on the principal alone.
  • Federal structured settlement laws (U.S.) - include sections of the Federal Internal Revenue Code.
  • Settlement (legal) - is a contract that is the end result when parties sue each other in civil courts, and plaintiff(s) and defendant(s) identified in the lawsuit can agree to resolve the dispute between themselves without a trial.
  • Annuity - a contract or agreement by which one receives fixed payments on an investment for a lifetime or for a specified number of years. Contrast with lump sum.
  • Fixed deferred annuity - a deferred annuity which grows by interest rate earnings alone.

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