Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Savvy investors have been taking advantage of a type of investment that we call "Master Settlement Payments," which can result in tax-free payments of more than $2,300 every single month.
But what are "Master Settlement Payments"?
They are the indirect result of legislation against Big Tobacco companies back in November 1998.
The "Big Four of Big Tobacco" were sued for using advertising that misled people and manipulated scientific research for their benefit.
In this landmark settlement, known as the Master Settlement Agreement, tobacco companies agreed to pay huge sums of money to those affected in perpetuity.
Big Tobacco's Punishment: In November 1998, the "Big Four of Big Tobacco" agreed to pay $206 billion to 46 states and U.S. territories in a landmark settlement. You could claim a tax-free portion of this money. Learn more...
The settlement required a minimum payout of $206 billion in the first 25 years to 46 state municipalities and five U.S. territories.
To date, it is estimated that the big tobacco companies have been paying out around $686 million a month. Of course, this money is going to the states – settlement cash is not being paid out directly to individuals. But the good news is, there is a backdoor way for you to cash in on more than $2,300 per month from the money being paid to the states, even if you never touched a cigarette in your life.
To sweeten the deal, these payments are tax-free and are guaranteed and backed by the government.
The best part is you can cash in on these multimillion-dollar, tax-free payouts even if you've never smoked a cigarette...
How "Master Settlement Payments" Can Pay Up to $8,300 per Month
The states involved in the Master Settlement Agreement are getting paid millions of dollars every month.
And one clause in the agreement opened a backdoor strategy that allows everyday Americans to cash in on this tax-free income.
The time needed to invest is small. It takes a matter of minutes to get setup either online or over the phone. And you don’t need to join a lawsuit or hire a legal professional.
Once you've made a few of these investments, you can sit back and collect your monthly "Master Settlement Payments." No more work is needed on your end.
These easy to enroll in, tax-free "Master Settlement Payment" investment deals are growing in popularity. So much so that if you decide you want to cash out for one large lump sum, you can.
Money Morning Chief Investment Strategist Keith Fitz-Gerald has created a short presentation that will show you his backdoor strategy on exactly how to cash in thanks to big tobacco.
Click here to find out how you can take advantage.
Follow Money Morning on Twitter @moneymorning, Facebook, and LinkedIn.
Could be a life saver….
My father smoked all his life, he paid social security tax since 1936, he died about seven years before he could collect. For my mother it contributed to her stroke. I smoked the c-ration cigarette and smoked for thirty years before pneumonia and my wife made me quit.
I smoke for 50 years now my lung are bad and I am taking treatment on my right lung
This should of happened a long time ago
My mom died of lung cancer from smoking 3yrs ago.My father died from emphysema from smoking and i have copd and early emphysema and live in texas and do you think any one that knows how i can make a lot of pain and suffering not go unanswered will stand on moral ground with integrity and say this is the way Rick to be heard or compensated.No not with out me a 58yr old disabled man putting money i dont have in some ones pocket for information……
The people that have built this country and pay for it all from hard work are tge ones that go unheard because people dont have the time if you dont have what they worship.MONEY!!!
GOD BLESS YOU ALL IN JESUS NAME
AMEN!!!
Rick, I have just now read your post. I am in total agreement with you in all you stated. I also live in Texas. I, too have loved ones who have passed on to Heaven. I also suffer from health issues. I suppose that because we reside in Texas, we cannot be financially helped from that angle. I have a partially collapsed lung. I must rely on Medicare and the back up insurance company I pay for that is a pretty good chunk of change, I'll tell you! I don't understand all of our why's, and one of these is," why doesn't the state make them pay for our own pain and suffering? "
It's terribly hard to watch our loved ones die from horrible lung cancer that saps the life right out of them, in front of the family members! The horribly pain consuming colo rectal cancer that is life consuming with the screaming and begging for God to take them Now! My list seems to be an endless one. Grief and misery are my constant companion.
My Dad died horribly from smoking, lung cancer….Big tobacco should take care of families for life…
I started smoking at age 12 and continued until age 47. I now have COPD/Emphysema.
I have severe lung problems and am not able to work. I have been on disability for almost 10 years. I could really use money from the Master Settlement Payments to help pay for my medications and household expenses.
my husband died from lung cancer two years ago he smoked for 53 years
Smoked for36 years haveCOPD .
I SMOKED FOR A FEW YEARS NOW I HAVE COPD/Emphysema.
This would be fantastic
Smoking has caused many health issues for me. Smoked since I was 13, in my 60s now
I have smoked for over 50 yrs, and it has damaged my health.
I would really like a copy of this report.
I SMOKED FOR A YEARS NOW I HAVE COPD/Emphysema. Have 2 inhalers.
i have smoked for 20 yrs i have copd
I smoked for 40 years !
Stopped 25 years I'm 79.
Smoked for twenty years, quit in 1984.
Now I have lung cancer.
smoked 34 years quit 2 years ago.
smoked from 1975 to 1981 qiut cause i was sick all the time
and now i have lumps on my right lung
My dad smoked 50 years died on a ventilator my whole family inhaled it.I Smoked 49 years and my son picked the habit also. We can see & feel all our health problems because of it.
My mother smoked her whole life. Even after cancer almost killed her she could not quit. She died one day before her 65th birthday. I developed COPD and went out on disability when I was 54. I never smoked.
So confused! Now have copd
I really need 2300/ mo.
mother die of smoking father smoke I smoke even smoking mom and dad ciggarettes as a 12 year old
I AM A SMOKER
My mother smoked cigarettes for 45 years. In 2010, she was diagnosed with lung cancer, having part of her lung removed and now has COPD.
Im 61 and smoked since i was 14 now i have COPD AND CANNOT BREATH with
out my inhalers Ive been trying to quit but keep starting up again. peter
i have COPD FROM 47 years of smoking.
I started smoking when I was 13. That was back in 1978. I finally quit in 2009 after my heart doctor told me I would NOT live but very few more years if I didn't quit. I now have COPD/Emphysema and have to use a nebulizer & a inhaler everyday. I truly wish I had known years ago what I know now about smoking!! :( How can I find out how to benefit from the Master Settlement Agreement without having to pay a lot of money to an already RICH person with probably good health? I am disabled and do NOT have any extra money to pay them for the information that ought to be available to the people that the Big Tobacco lied to & misled for so many years. If anyone can help me with the information it would be greatly appreciated!!!! May God bless you all. Take care & have a great night/day. Thank You!!
My mom died with emphysema and smoked all her life and died at age 64
My aunt smoked from the age of 16. Her death was caused by the collapse of her respiratory system.
i started smoking at 15 smoked till i was 22 now i get bronchitis all the time wish i new more when camel Joe was cool
I NEVER smoked. I have asthma and COPD from being forced to breathe in other people's disgusting habit I have to hook myself up to a machine four times day just to continue breathing. I can't walk across the room without stopping to catch my breath. All of this mess put me into congestive heart failure.
My Husband put a Backwoods cigar in his mouth daily and at the end of the day it was was a small stub. He developed a Tumor by his Kidneys.
I took 32 years of smoke is now the heart the disease.
STILL SMOKE, BEEN DOING IT 55 YEARS
Last year I started on COPD Herbal formula treatment from RICH HERBS FOUNDATION, the treatment worked incredibly for my lungs condition. I used the herbal treatment for almost 5 months, it reversed my chronic obstructive pulmonary disease. My severe shortness of breath, dry cough, low energy, fatigue, chest tightness and others gradually disappeared. Visit rich herbs foundation official web page ww w. richherbsfoundation .com. This COPD treatment has improved the quality of my life greatly, i breath much better and it feels comfortable!