Sentences with phrase «structured as an annuity»

The government has not explicitly stated that the voluntary CPP will be structured as an annuity, so they may have something else in mind, but for now that appears to be a safe working assumption.

Not exact matches

Structured annuities, also known as buffered or hybrid variable annuities, protect, or buffer, contract holders from market downturns to a limited extent.

Structured variable annuities don't come with living benefit guarantees and therefore don't require the same level of reserves as traditional variable annuities, which is why company executives consider them efficient.

LIMRA Secure Retirement Institute is classifying them as «structured annuities.»

Buffered variable annuities, sometimes known as structured variable annuities protect, or buffer, contract holders from market downturns to a limited extent.

Amounts Not Received as an Annuity, Amounts Received as an Annuity: Fixed Annuities, Annuity Rules: Variable Annuities, Charitable Gift Annuity, Death, Disposition, Divorce, Estate Tax, Gifts and Charitable Gifts, In General, Loss, Private Annuity, Structured Settlements, Taxation, Withholding

People often turn to annuities for the tax benefits, as the structure allows owners to delay tax liability until later in life.

If you're receiving monthly payments from an insurance payout or lawsuit settlement — also known as a structured settlement annuity — but need cash immediately to pay for medical bills or other significant expenses, you can sell all or part of your annuity.

Some states also require the hiring of an attorney as a precondition to acquiring a structured settlement annuity.

Because annuities can be designed to offer timed payouts, guarantees on principal, as well as investment gains, and were already being offered by insurance companies, they quickly became the preferred vehicle to implement structured settlements.

Structuring the annuity as a joint annuity is crucial to the success of this strategy, since the gift is for the lifetime of the child or grandchild.

An annuity generally refers to structured payments made for reasons besides a lawsuit, such as inheritances, survivor benefits and some retirement plans.

Peachtree, along with other structured settlement companies such as Novation also purchase lottery winnings, which can often be set up in a structured annuity.

These changes should not affect lifetime structure costs as the life insurers use their own internal life tables for annuity pricing.

The CEO of Independent Life Insurance Company said, «We believe Independent Life's singular focus on annuities to fund structured settlements will result in excellent service and broker support, as well as upper tier pricing, to improve and help grow the industry.»

While a majority of personal injury settlements are paid in a lump sum, a structured settlement is a legal settlement paid out as an annuity — over time — rather than in a lump sum.

The parties later separated and the question to be determined was: are the structured settlement annuity payments to be treated as property or income under the Family Law Act?

In it's 65 - paragraph judgment, the ONCA overturned the trial judge's decision, finding that structured settlement annuity payments should be considered as income for the purposes of spousal support, and not property under Part 1 of the Family Law Act.

In pay is also referred to as structured settlement (SS) annuity payment, which means a personal injury tort is resolved by receiving all or part of a settlement in periodic payments.

The court also noted that payments received pursuant to a structured settlement annuity were analogous to disability benefits, which was another reason they should be treated as income.

The fee structure in broker sold variable annuities such as the one in the analysis above is such that it diminishes the value of the guarantees the products are supposed to provide.

As with other annuities, you can typically structure payments to guarantee you won't outlive this income stream.