When comparing a structured settlement to other personal investment options, remember to take into consideration not only Federal Taxes you will pay on interest earned, but State and Local taxes as well.
Summary by John McCulloch, VP Advanced Marketing, on IRS Memorandum dated November 4, 2010, regarding Taxation on Wrongful Imprisonment Awards.
The Joint Committee on Taxation has compiled its Estimate of Federal Expenditures for fiscal years 2010 to 2014. Article by John McCulloch, IFS' V.P. Advanced Marketing, explains the effects on foreseeable future of 104(a)(2) exemption from income.