Structured Settlements
Structured settlements offer numerous benefits for the annuitant. With a guaranteed source of long-term income, tax-free advantages, and protection from financial market volatility, structured settlements can establish financial stability and help you manage your funds.1,2
Sometimes, annuitants may be approached to sell future payments in exchange for immediate cash. This is referred to as factoring. However, before making decisions that can impact your structured settlement, it’s important to gather more information first.
What is Factoring?
Factoring is a process where the annuitant sells the rights to some or all of their future annuity payments for immediate cash from a third-party company. These third-party companies are usually known as factoring companies.
Factoring companies make their profits by paying you significantly less than the value of your payments and then selling your payment rights to investors for much more than they paid you.
Benefits of Keeping your Structured Settlement
Maintain Lasting Financial Security for you and your Family
Through structured settlement payments, you can receive a steady, uninterrupted stream of guaranteed, tax-free income.1 Whether your settlement payments are structured to be paid monthly, annually, or through a periodic lump-sum benefit, you have the assurance that you are receiving the full benefits and financial protection you need and deserve.
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1 All guarantees are subject to the financial strength and claims paying ability of the issuing MetLife company.
2 Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife, its agents and representatives may not give legal, tax or accounting advice and this document should not be construed as such. You should confer with your qualified legal, tax and accounting advisors as appropriate.
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