Patrick Farber Structured Settlement Brokers

MetLife Offers Non-Qualified Structured Settlements Through U.S.-Based Met Tower Life

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MetLife Offers Non-Qualified Structured Settlements Through U.S.-Based Met Tower LifeMetLife is now offering non-qualified structured settlements from its U.S.-based Metropolitan Tower Life Insurance Company (Met Tower Life). These non-qualified structures are for non-physical injury settlements that fall outside the tax-free physical injury claims definition outlined by IRS tax code. These taxable settlements often involve employment litigation, punitive damages, contract disputes and construction defect claims.

While the guaranteed payments from non-qualified structured settlements are taxable, they give clients a financial planning mechanism that offers significant benefits.

  • The ability to spread income over the duration of the annuity–by doing so, clients can often reduce their yearly income tax obligation.
  • Generate a guaranteed income stream for the life of the annuity regardless of the inevitable ups and downs of the financial markets.

MetLife has produced a quick video on non-qualified structured settlements. Take a look at this link.

Feel free to call anytime with structured settlement questions

–Pat

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Author

Patrick C. Farber

Pat Farber has 35 years of insurance experience with more than 30 years in the structured settlement field. Pat specializes in providing structured annuities for medical malpractice, personal injury, product liability, workers’ compensation, toxic torts, and construction defect cases as well as for non-physical injury cases and attorney fees. He participates in court hearings, arbitrations and settlement conferences throughout California, the West Coast and in other areas of the United States. He has personally placed over $3 billion in annuity premiums and U.S. Government notes.

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