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12 Jan 2009, 8:28 am
American Council on Gift Annuities. [read post]
7 Jan 2009, 5:05 am
• You pay higher taxes for the gains on equity index annuities then you would from the lower, capital gains taxes on equities for mutual funds. [read post]
1 Jan 2009, 10:33 pm
When used in that context the payments are income tax exempt in the same way that payments from a structured settlement funded by an annuity are income tax exempt. [read post]
28 Dec 2008, 9:48 am
State insurance guarantee funds provide a safety net for individual company failures. [read post]
26 Dec 2008, 9:50 am
I share John Darer's frustration at the ethical duplicity of many in our profession who score cheap points attacking factoring, but when offered a substantial referral fee, melt in the face of temptation and accept the funds. [read post]
26 Dec 2008, 8:00 am
The court's ruling will allow us to pursue the recovery of a substantial amount of funds to take care of him. [read post]
23 Dec 2008, 8:01 pm
"Murray said the firm has felt the sting of the 'inefficient securitization market and the increase in the cost of funds. [read post]
23 Dec 2008, 5:47 am
NSSTA's members are primarily structured settlement consultants and annuity providers. [read post]
22 Dec 2008, 8:07 pm
As before the new law, plans in endangered or critical status must adopt a funding improvement or rehabilitation plan, respectively. [read post]
21 Dec 2008, 5:56 am
Now to suddenly have the air waves silent, the silver haired " It's your money, use it when YOU want it" guy having been shuffled off to the retirement home, it seems almost surreal to think that Wentworth is desperately seeking cash to keep it's operations open and to fund the purchase of more annuity contacts. [read post]
16 Dec 2008, 3:48 pm
In addition the company was one of the few to accept qualified assignments from single claimant qualified settlement funds (also known as single claimant 468B or single claimant QSF). [read post]
15 Dec 2008, 5:30 pm
" It's true that certain kinds of life insurance and annuity contracts (called "variable" in the trade) comprise a "sub account" which mimics a mutual fund, but they are first and foremeost insurance products, and need to be viewed as such.Why is this so important? [read post]
14 Dec 2008, 7:16 pm
Has any client of yours told you that they were approached by a "cash now pusher" even though the annuity issuer sent written assurances of privacy along with the structured annuity contract AND the settlement agreement for their case was subject to a strict confidentiality agreement? [read post]
14 Dec 2008, 5:15 am
A financially sound funding asset, which is usually an annuity, must fund the payments. [read post]
8 Dec 2008, 5:34 pm
The performance of structured settlements in this crisis is going to contrast very favorably with money market funds, banks, stock brokerage and mutual funds, not to mention real estate. [read post]
6 Dec 2008, 3:46 pm
"Wentworth's financial position could deteriorate further unless it receives additional capital to meet margin calls, fund structured settlement/annuity purchases, and pay fixed obligations," due to "severe dislocation of the credit markets" that have "rendered unprofitable" some financing transactions, said S&P analyst Rian M. [read post]
4 Dec 2008, 12:16 am
An investor's money is placed in various mutual fund-like "sub-accounts" in return for a guaranteed minimum payout, as well as a higher return if your mutual funds' values increase by over a certain amount This means that even if a buyer sustains significant losses on an investment, he or she must still receive the fixed, minimum income benefits that were promised. [read post]
3 Dec 2008, 5:46 pm
Failure to adhere to a budget Price increases in goods or services that stretch or exceed budgeted and available income resources Failure to monitor budget and adjust for increases in prices of necessary goods and services with a concomitant reduction in discretionary spending Unexpected large expense for unforeseen medical needs not covered by insurance Loss of income due to job termination, death of spouse or divorce Excessive or irrational largesse due to "sudden wealth syndrome"… [read post]
2 Dec 2008, 2:42 am
Such an obligation is then assigned by way of a non qualified assignment to an assignee who takes on the obligation and the funding amount and purchases an annuity of funding agreement to fund its obligation.If the case involves elements of back pay or front pay, there is an obligation to pay withholding for both the employer and the employee portions. [read post]
1 Dec 2008, 4:07 pm
However, the Police and Firemen’s Retirement System, Public Employees' Retirement System and Teachers' Pension and Annuity Fund do not believe that a person with multiple injuries that occurred as the result of multiple traumatic events should be entitled to receive accidental disability benefits. [read post]
