Payment Structure of Structured Settlements: Payout Options

Structured settlements provide a steady stream of tax-free income to a claimant over a specified period or for the remainder of their lives. These settlements are often used...

Are Structured Settlements Taxable?

Structured settlements have become a common way to provide long-term financial support for people injured in accidents, cases of medical malpractice, and other scenarios involving physical harm and...

Annuities and Life Insurance: Difference Between Annuity And Life Insurance

Financial planning is important for ensuring a stable and secure future. Two essential tools in achieving this goal are annuities and life insurance. Both serve different purposes but...

What is an Income Annuity? How Do Income Annuities Work?

An income annuity is an insurance contract designed to provide guaranteed income for the rest of your life in exchange for a lump-sum payment. The lump-sum payment, known...

What is an Annuity Fund, and How Does it Work?

What is an Annuity Fund and How Does it Work? An annuity fund is a financial product designed to provide a steady income stream, typically during retirement. It...

Advantages and Disadvantages of Structured Settlements – Pros And Cons

A structured settlement is a financial agreement in which a claimant receives compensation through periodic payments over time rather than one lump sum. Structured settlements are commonly used...

What is an Annuity Payment?

Annuities provide a steady stream of income for a specified period or for the lifetime of the annuity owner. While annuities are often used as a retirement income...

How Are Annuities Taxed?

Annuities are unique investment vehicles that offer tax-deferred growth. This means you don't have to pay taxes on the money your annuity earns until you start receiving payouts....

What is An Annuity Account?

An annuity account is an account set up by an insurance company to hold and invest funds from individuals purchasing annuities. The purpose of the account is specifically...

Can You Inherit An Annuity? A Guide For Annuity Beneficiaries

When Sam inherited his father's annuity last year, he was unsure what to do. Should he take payments over time or lump sum? Would taxes eat up most...

What is an Annuity, and How Does it Work?

An annuity or annuity product is an insurance contract designed to provide a steady stream of income, typically during retirement. In exchange for a lump sum or series...

What is an Annuity Investment?

Are annuities a good investment? An annuity is a type of investment you can purchase from an insurance company. But what exactly are annuities, and are they a...

Fixed Annuities Vs. Variable Annuities

Fixed Annuities vs. Variable Annuities - Pros And Cons When it comes to securing a steady stream of income for your retirement years, annuities can be powerful financial...

What is the Basic Function of an Annuity? All About Annuities

An annuity is a financial contract between an individual and an insurance company, where the individual pays a lump sum or series of payments (premiums) to the insurer,...

Are Structured Settlements Permanent?

When it comes to a personal injury case, wrongful death claim, or medical malpractice lawsuit, the settlement process can be complex and lengthy. One option that may be...

Can Structured Settlements Include Lump Sum Payments?

When you're involved in a personal injury case, one of the most important decisions you'll make is how to receive your settlement money. You may be familiar with...

What Happens To Structured Settlements In The Event Of The Recipient’s Death

Structured settlements are a type of financial arrangement that provides regular payments to compensate an individual for damages suffered, often due to personal injury, wrongful death, car accident,...

How Are Annuity Payments Calculated?

An annuity provides a steady stream of income over a specified period or for the remainder of the annuity owner's life. Whether you're considering purchasing an annuity or...

5 Questions to Ask Before Selling Your Annuity

Fairfield gets several calls from individuals looking to sell an annuity. For most, it is their first time looking into this so they aren't sure where to start...

5 Things to Know Before Selling Your Structured Settlement

If you are receiving structured settlement payments from a personal injury lawsuit, you may consider selling those future annuity payments for a lump sum of cash now. Structured...

Common Questions about Selling Your Settlement Annuity

A structured settlement annuity is a financial arrangement that provides regular payments to a person who has won or settled a lawsuit. These payments are designed to offer...

Get to know Kristin Fullem!

Your Annuity Expert! Kristin Fullem has utilized her client service expertise and structured settlement knowledge on behalf of Fairfield Funding for over 2 years, working diligently as an...

The Structured Settlement Protection Act

In 2002 an act was created to protect people who were awarded a structured settlement. Basically, the act states that anyone wanting to sell a structured settlement has...

4 Reasons To Sell Your Structured Payments – The Benefits Of Selling Structured Settlement Payments

If you're receiving structured settlement payments from a personal injury lawsuit or other legal claim, you may have considered selling some or all of your future payments for...

Cash Out Your Estate Annuity

An estate annuity is a financial product that provides a guaranteed income stream to the annuity owner or their beneficiaries, typically after the owner's death. Estate annuities are...

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