Fixed Index Annuities: Part of a Retirement Portfolio

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STRUCTURED SETTLEMENT ALERT by Patrick Farber

As you know, Patrick McNulty recently joined my team, coming from the Berkshire Hathaway structured settlement department where he was a senior account manager. Patrick has an extensive skill set in a number of annuity products outside the structured settlement space. I wanted to make you aware of some of those investments including Fixed Index Annuities.

Fixed Index Annuities (FIAs). In life, we all face many financial challenges, from saving for a child’s college education to having the funds to live comfortably during retirement. Regardless of the objectives, an investment portfolio should include assets that are stable, flexible, and above all, safe.

An FIA protects principal, provides tax-deferred compounded growth, and securely and safely guarantees investment returns over time. FIAs are ideal for those looking for principal protection, regardless of the market’s ups and downs.

FIA annuity payouts can be made over a lifetime or for a set amount of years. The remaining money can be designated to beneficiaries. We work with Mass Mutual, Pacific Life and Lincoln Financial, all A+-rated annuity providers.

Patrick is in our Santa Monica office. If you have any annuity questions don’t hesitate to call me at 949-355-4726 or Patrick at 800-734-3910.

Pat Farber

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With more than 35 years experience, we have placed Almost $4 billion in annuity premiums and U.S. Treasury securities. As specialists in settlements involving medical malpractice, physical injury, non-physical injury, product liability, workers' compensation, mass torts, punitive damages, employment, construction defect cases and structuring attorney fees--we participate in all aspects of settlement negotiations including court hearings, arbitrations and settlement conferences--all at no cost to clients.

For any questions, contact me: 949-355-4726

pat@patfarber.com, contact us or visit our site.

RECENTLTY

What More Fed Rate Hikes Mean To Structured Settlements

Despite a recent pause in interest rate hikes, Federal Reserve Chairman Jerome Powell recently announced that more rate hikes are on the way this year in an attempt to slow inflation further. While this is bad news for those who are seeking a mortgage or car loan, it’s good news for personal injury claimants.

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PROTECTING BENEFITS

Protecting Plaintiff Government Benefits

I’ve been getting calls from attorneys and injured parties asking whether settlement proceeds could jeopardize government benefits eligibility. Will Lindahl at CPT Institute put together these guidelines.

NON-QUALIFIED ANNUITIES

Multiple Uses For Non-Qualified Annuities | Patrick McNulty

A new MetLife white paper, “Structuring an Employment Settlement: A Tax Efficient Solution,” provides an overview of structured settlements and their benefits in employment-related settlements. It compares the different tax obligations of a lump sum payout versus a structured settlement in employment cases. It then provides the steps to create a structured settlement and includes case examples.

We are now a proud sponsor of the Triumph Foundation. The foundation's mission is to help individuals with spinal cord injuries triumph over their disability and inspire them to keep moving forward with their lives. The foundation does wonderful and important work.

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Newport Beach, CA 92660

800-734-3910