“Our son sustained a horrible injury during birth that will require life-long medical care. There will be a large malpractice settlement. Our lawyer strongly recommends a structured settlement annuity ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...

Regular readers of this column will recall that I strongly support structured settlement annuities for accident victims. But as you will see, while extremely rare, at times it is not all smooth ...

An annuity is a financial product designed to provide a steady income stream, often during retirement. While annuities can serve as a reliable paycheck replacement, the way your annuity pays out is ...