With increasing life expectancies and rising health care costs, many people worry about paying for unexpected events or outliving their money.
To help address these concerns, Structures designed a structured settlement program that combines market-based growth potential with the protection of guarantees: fixed-indexed annuities (FIAs).
What is a Fixed-Indexed Annuity?
A fixed-indexed annuity (FIA) is an insurance vehicle offering a unique combination of benefits to help achieve long-term financial goals. Now available as part of a structured settlement plan, FIAs offer potential tax-free or tax-deferred growth based on an index performance. There is no risk to principal and optional benefits can be added to increase income protection.
Our team can help you understand the potential challenges that may affect your existing financial plan and assist in determining if a fixed-indexed annuity is right for you.
Benefits of a Fixed-Indexed Annuity
- Long-Term Tax Benefits: Tax-free growth (physical injury cases) or tax-deferred growth (non-physical injury cases).
- Safe Alternative to Full Market Participation: FIAs allow claimants to participate in receiving index-based gains with no downside market risk.
- Program Flexibility: Participants can select from various income options including guaranteed lifetime income.
- Death Protection Benefit: Upon the death of the annuitant, the remaining accumulation value of the FIA is paid out to the beneficiaries.