UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. ~~20549~~20549_____________________________________________ ~~------------------------------~~ FORM 8-K ~~CURRENT~~ REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 15, 2004 Structured Products Corp. (Exact name of registrant as specified in its charter) Delaware 001-32122 13-3692801 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation or Number) organization) 388 Greenwich Street, New York, New York 10013 (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code (212) 816-7496. Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [] Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) [] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) [] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) [] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)) 1

SectionCURRENT 8REPORT - OtherPursuant Events Item 8.01 Other Events. This current report on Form 8-K relates to aSection distribution made13 toOR holders of the Certificates issued by the TIERS Tens Certificates Trust LTR 1998-4. The issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, is subject to the information reporting requirements of the Securities Exchange Act of 1934, as amended 15(the "Exchange Act"d). Periodic reports and other information required to be filed pursuant to the Exchange Act, by the issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, may be inspected and copied at the public reference facilities maintained by the Securities and Exchange Commission (the "Commission") at 450Act Fifth Street, N.W., Washington, D.C. 20549. The Commission also maintains a site on the World Wide Web at "http://www.sec.gov" at which users can view and download copies of reports, proxy and information statements and other information filed electronically through the Electronic Data Gathering, Analysis and Retrieval system. Neither Structured Products Corp. nor the trustee has participated in the preparation of such reporting documents, or made any due diligence investigation with respect to the information provided therein. Neither Structured Products Corp. nor the trustee has verified the accuracy or completeness of such documents or reports. There can be no assurance that events affecting the issuer of the underlying securities, or guarantor thereof, or successor thereto, as applicable, or the underlying securities have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above. Section 9- Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits. (c) Exhibits: 1. Trustee's Report with respect to the October 15, 2004 Distribution Date for the TIERS Tens Certificates Trust LTR 1998-4 2 1934

SIGNATURES PursuantDate to the requirements of theReport Securities(Date Exchange Act of 1934, the registrant hasearliest duly caused thisevent report to be signed on its behalf by the undersigned hereunto duly authorized. Byreported): /s/ MarkJanuary C. Graham Name: Mark C. Graham Title: Authorized Signatory October 1531, 2004 3 2005

EXHIBITStructured INDEX Exhibit Page 1 Trustee'sProducts Report with respect to the October 15, 2004 5 Distribution Date for the TIERS Tens Certificates Trust LTR 1998-4 4 Corp.

Exhibit 1 To the Holders of: TIERS Tens Certificates, Series LTR 1998-4 *CUSIP: 871928BH9 U.S. Bank Trust National Association, as Trustee for the TIERS Tens Certificates Trust LTR 1998-4, hereby gives notice with respect to the Distribution Date of October 15, 2004 (~~the~~Exact ~~"Distribution~~name ~~Date") as follows: 1. The amount~~ of ~~the distribution payable~~registrant ~~to the Certificateholders on the Distribution Date allocable to principal and premium, if any, and interest, expressed~~ as aspecified dollar amount per $10 Certificate, is as set forth below: Principal Interest Total Distribution $ 0.000000 $ 0.350000 $ 0.350000 2. The amount of aggregate interest due and not paid as of the Distribution Date is $0.000000. 3. No fees have been paid to the Trustee or any other party from the proceeds of the Term Assets. 4. $10,000,000 aggregate principal amount of Loews Corporation 7% Senior Notes due October 15, 2023 (the "Term Assets") are held for the above trust. 5. At the close of business on the Distribution Date, 1,000,000 Certificates representing $10,000,000 aggregate Certificate Principal Balance were outstanding. 6. The current rating of the Term Assets is not provided in this report. Ratings can be obtained from Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., by calling 212-438-2400 and from Moody's Investors Service, Inc. by calling 212-553-0377. U.S. Bank Trust National Association, as Trustee *The Trustee shall not be held responsible for the selection or use of the CUSIP number nor is any representation made as to its ~~correctness. It~~ ~~is included solely~~charter) ~~for the convenience of the Holders.~~


Delaware (State or other jurisdiction of incorporation or organization)	001-32122 (Commission File Number)	13-3692801 (IRS Employer Identification Number)
388 Greenwich Street, New York, New York 10013 (Address of principal executive offices) (Zip Code) Registrant’s telephone number including area code (212) 816-7496.
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

Section 8 — Other Events
Item 8.01 Other Events.

Structured Products Corp., the registrant hereunder, acts as depositor of the TIERS Tens Certificates Trust LTR 1998-4 (the “Trust”). The assets of the Trust are certain 7% Senior Notes due October 15, 2023 (the “Term Assets”) issued by Loews Corporation (the “Debtor”). Pursuant to the trust agreement governing the Trust, the Trust has issued the TIERS Tens Certificates, Series LTR 1998-4 (the “Certificates”). U.S. Bank National Association, in its capacity as trustee (the “Trustee”) of the Trust has received a notice of redemption regarding the Term Assets. The Term Assets are to be redeemed on February 28, 2005, in an amount equal to $1,021.48 per $1,000 principal amount of Term Assets, plus $25.86111 in accrued interest. Accordingly, all of the Certificates will be redeemed on February 28, 2005 at a price of $10.2148 per $10 principal balance of Certificates, plus $0.2586111 of accrued interest.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	By: /s/ Mark C. Graham Name: Mark C. Graham Title: Authorized Signatory

January 31, 2005

EXHIBITStructured INDEX Exhibit Page 1 Trustee'sProducts Report with respect to the October 15, 2004 5 Distribution Date for the TIERS Tens Certificates Trust LTR 1998-4 4 Corp.

Section 8 — Other Events Item 8.01 Other Events.

SIGNATURES

Section 8 — Other Events
Item 8.01 Other Events.

Filing Compare · STRUCTURED PRODUCTS CORP TIERSSM TENS CERTS SER LTR 1998-4