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Millennium Settlements Blog


Posted by: Ericka Henderson on Feb 12, 2018
TRADITIONAL STRUCTURED SETTLEMENTS 
We are all familiar with traditional structured settlements that are used on IRC 140(a)(1) and 104(a)(2), IRC Section 130 cases that provide injury victims future, guaranteed tax-free benefits.  You also are probably familiar with the concept of structured attorney fees that provide tax-deferred payments with market-related returns when establishing future periodic payments at the time of settlement. 
 
In addition to contingency-based attorneys’ fees, structured settlements that offer tax-deferred market-related returns are also available to claimants on all types of non-physical injury cases including, but not limited to: punitive damages, employment disputes, discrimination, breach of contract, property damage, long-term disability, environmental claims, sexual harassment, fraud and many other non-physical injuries. 
 
NON-QUALIFIED SETTLEMENT OPTIONS
Millennium consultants can provide you with a variety of options that address your clients’ future needs and financial goals.  Options are available to provide either tax-deferred, fixed-growth or tax-deferred payments with market-related returns.  If your client prefers fixed-guaranteed growth, the very same life insurance markets providing traditional structured settlement annuities have options for non-qualified cases.   If your client wants market-related returns, then your Millennium consultant can offer exclusive options through Structures (Millennium and Structures are wholly owned subsidiaries of Integrated Financial Settlements).  
 
OPTIONS TO MATCH CLIENT RISK PROFILE
Millennium consultants can provide your client with guaranteed annuities utilizing a non-qualified assignment with Structured Assignments Inc.
 
  • Your client can select a guaranteed Single Premium Immediate Annuity (SPIA) with payments starting immediately or guaranteed Deferred Income Annuity (DIA) with payments deferred 12 months or longer.  
  • A Fixed Indexed Annuity (FIA) is an option that has unique features and can guarantee the principle with upside potential tied to an index such as the S&P 500 or other. 
  • If absolute security is desired, TFSS-NQ (Treasury Funded Structured Settlement) is an option your Millennium consultant can provide.  Backed by the United States government, the future payment obligation is backed by US Treasuries.  Also, this is an option for a structured installment sale (sale of a qualifying property or business). 
 
MARKET-BASED SOLUTIONS
You may already be familiar with Fee Structure Plus®, our market-based program for contingent attorney fees. Settlements Plus™ is our market-based program for the plaintiff  and can be utilized in either physical injury or non-physical injury cases.  If your client is looking for market-related growth and wants to defer the taxes from their settlement, Settlements Plus™ is an ideal solution to consider. 

To learn more about the options available to you and your clients for non-qualified settlements, please contact a Millennium Consultant today.
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