Question: Gene Parmesan is helping a client decide whether to receive a personal injury settlement in a lump sum or as a structured series of periodic
Gene Parmesan is helping a client decide whether to receive a personal injury settlement in a lump sum or as a structured series of periodic installments. Which of the following is a reason to choose a structured settlement?
| a. | A structured settlement offers the potential for greater investment returns | |
| b. | The full amount of a lump sum payment is tax-free | |
| c. | The full amount of qualified structured settlement payments, including implicit earnings, is tax-free | |
| d. | Future investment earnings on a lump-sum settlement are tax-free |
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