AIG Structured Settlements

People who choose a structured settlement are typically looking for the stability and
security a steady stream of income can provide. And that's why the company, providing a
structured settlement payments, is not something to be taken lightly. In fact it may be the most important
decision you'll have to make. For over 160 years, 12 million customers
have chosen to place their trust in AIG insurers and structured
settlements is just one of the many products we offer that is specifically designed to provide
peace of mind.

Our structured settlements team is based in Amarillo Texas and as a
group of experienced professionals that have served the structured
settlements market for more than 30 years, and do so with the dedication to providing
the industry's best service. We appreciate our customers and
understand you depend on your structured settlement payments, and hence need a company you can trust
over the long term. Recently, AIG was designated a systematically important financial institution. We welcome the sci-fi designation as it brings added scrutiny and oversight, hence making AIG a safer
provider.

The AIG companies are strong, experienced and here to stay. You
can be confident that no other company will work harder to protect your family and your dreams. You can depend on the strength and stability of our record and you can trust that you'll be taken care of by people
with knowledge and experience. Life is uncertain and we want to help
protect the financial security of your and your loved ones.

We will be here when you need us most. For more information visit AIG.Com/US/structuredsettlements today..

A Guide to the Tax Implications of a Legal Settlement

This  is  a two-part article addressing questions that
arise when people receive lump sums. For the entire article, go to: www.Profile-financial.Com/settlement. I recently helped a number of people who are
in the midst of receiving a cash settlement from a lawsuit, and had to point out that
winning a lawsuit is not free money. In addition to having survived personal injury
and a long-drawn out legal case, there may be tax implications to a legal settlement.

Lost wages or profits
If you are unfairly dismissed from employment, you may receive a settlement for lost wages,
benefits, severance, back pay, or other income. According to the IRS, this settlement is considered
regular income, even though severance pay is often tax free in Israel. This kind of settlement is also subject to
the Social Security wage base table and Medicare tax rates for the year in which you were paid. Reporting legal compensation for lost wages
is similar to reporting income for regular pay when you were employed.

Interest payments
Interest on any settlement, as with any income, is taxable and should be reported as interest
income. Punitive damages
Punitive damages are taxable and therefore must be reported, even if received in a settlement
for personal or physical illness or injuries. Estimate tax
Make estimated tax payments early if you know youre going to owe at least $1,000 in income
tax from having to report receipt of a legal settlement amount. Taxation on settlements is complicated.

Remember to speak with a qualified tax advisor
to get advice since this article is just for general information. We help people manage their U.S. Investment
account, not file their tax returns. Free information
To get this complete article along with the IRSs information about what you need to
report to the IRS regarding a legal settlement, go to: www.Profile-financial.Com/settlement.