Life insurance companies are uniquely positioned to ride out periods of financial uncertainty. In this article, Arcadia's John McCulloch discusses the insurance industry's history of financial stability and the ways in which structured settlement annuity policies are secured by many state and industry safeguards.
We hope this message finds you and your loved ones well. In the midst of uncertain and fast-evolving circumstances worldwide, Our CEO Brad Cantwell shares the news that Arcadia has implemented its pandemic response plan.
Arcadia Structured Settlement Consultant John McCulloch, in conjunction with Randy Levine of Sage Settlement Consulting and the National Structured Settlements Trade Association (NSSTA), have successfully obtained a favorable Private Letter Ruling from the Internal Revenue Service on the taxability of wrongful life cases.
People sometimes get into tough financial situations and will need to access funds they would be better off leaving alone. From the relatively straightforward process of borrowing from your own 401(k) to the more nebulous payday loan shops, there is a steep financial price to pay when accessing funds this way.