Federal Interest Rate Rise vs. Structured Settlements

Structured settlements are annuities.  Annuities grow faster when interest rates are higher.  There are “fixed” and “variable” annuity rates.  If you were issued a “fixed” annuity, this means there was a stated interest rate at purchase, and it’s guaranteed to stay at the same rate. This type of annuity will not be so affected by the rise in the Federal Interest Rate. If you were issued a “variable” annuity at purchase, this means the terms can change.   In oth […] Continue reading Federal Interest Rate Rise vs. Structured Settlements