Qualified Settlement Fund Services

  • Qualified Settlement Fund Administration

    SSI has extensive experience in administering Qualified Settlement Funds under Treasury Regulation 1.468B-1 et seq. There are a variety of tax implications associated with establishing and disseminating a Qualified Settlement Fund. Involving SSI in this process early on can ensure settlement monies are paid to the class in the most efficient manner, at the lowest cost to you. We can also work with you to devise appropriate investment strategies for the settlement funds that address your risk concerns and the timeframe of distribution.

  • Settlement Fund Investment Guidance

    SSI can make recommendations regarding the appropriate investment vehicles for your settlement funds, taking into consideration economical and market conditions, the length of time the funds will be invested, and any other concerns of the parties. SSI stays in constant contact with financial institutions at which the multiple qualified settlement funds it maintains are invested in order to keep appraised of any market changes that would affect investments, and can pass that knowledge on to you.

  • Settlement Checks and Associated Tax Reporting

    SSI can assist you in all aspects of the award process, from calculating the appropriate withholding on awards to issuing tax forms such as W-2s and 1099s. In addition, SSI will ensure all tax reporting is made to the appropriate federal, state, and local tax authorities. We partner with accountants who have extensive experience in all aspects of settlement award issuance, whether those awards are issued directly by defendants or via a Qualified Settlement Fund.

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