Patrick Farber Structured Settlement Brokers

Fed Continues to Raise Interest Rates

By On · 3:06 PM · Add Comment

Fed continue to raise interest rates graphicLast week, the Federal Reserve increased interest rates by 0.75 percent–the third time this year. Another rate increase is expected. This means we’ll see mortgage and credit card rates move higher and stock market volatility continue. Not everything is bad news, however. There is a silver lining for personal injury claimants.

Rising Rates. Ten-year bond rates are at their highest since 2011. The same is true for annuities. Because of rising interest rates, injured parties now receive higher returns from structured settlements than they would have just a few years ago when rates were much lower.

And, since structured settlement payments to personal injury claimants are completely tax-free, they receive a higher real rate of returns than from taxable securities.

If you have questions about structured settlement annuity products, give me a call. We can discuss current returns and long-term strategies.

Pat Farber

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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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