Frank Gabriel Column: A tax deferred is a tax saved 12-16-2007

A tax deferred is a tax saved. Tax deferral works because the taxpayer earns a return on the amount that he or she otherwise would have sent to Uncle Sam in taxes. That, of course, leads us to a brief discussion of the tax treatment of annuity contracts.
From: www.myplainview.com

Peachtree Settlement Funding Concludes 6th Securitization of Structured Settlement Receivables

BOYNTON BEACH, Fla.----Peachtree Settlement Funding announces its 6th term placement of structured settlement receivables. This brings total placements to more than $600 million for this asset class.
From: biz.yahoo.com

Metro report

A truck hit a community policing deputy on bicycle patrol in the 4800 block of Cherry Road in suburban West Palm Beach when the deputy tried to question the driver. The deputy, who was taken to a nearby walk-in clinic, sustained bruises. The driver, who led other deputies on a chase during which Stop Sticks were used, crashed his truck into a tree, jumped into a lake and eventually was shocked ...
From: www.palmbeachpost.com

State, industry step in to cover life insurance claims

Gov. Eliot Spitzer had some good news last Tuesday for the nearly 11,000 insurance claimants dependent on annuities from the now defunct Executive Life Insurance Co. of New York.
From: www.legislativegazette.com

NY Closes $2 Billion Insurance Fund Gap

Nearly 11,000 people around the state will continue to receive annual pension and injury payments in the next decade after the New York Liquidation Bureau arranged to cover a projected $2 billion deficit in the funds of a defunct insurance company.
From: biz.yahoo.com

NY to close expected $2 billion shortfall in insurance fund

Nearly 11,000 people around the state will continue to receive annual pension and injury payments in the next decade after the New York Liquidation Bureau arranged to cover a projected $2 billion deficit in the funds of a defunct insurance company.
From: www.amny.com