Sell My Structured Settlement: What Is A Structured Settlement?
If you’ve been injured in an accident or have some other type of legal claim, you may have received a structured settlement as part of your settlement.Kristopher Hillsman19-09-20237 minutes read0 Comments
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A structured settlement often yields, in total, more than a lump sum payment would because of the interest your annuity may earn over time. In short, to answer the question, what are the interest rates on structured settlement annuities like right now? they are bad.
Settlement money and damages collected in a lawsuit are considered income, which means that the IRS will generally tax that money. Let's ask the IRS, “Is lawsuit money taxable? If you make money on a lawsuit, the IRS will be interested.