How Medicaid Compliant Annuities Work by: Jennifer Lang Financial Services | News Direct

How Medicaid Compliant Annuities Work by: Jennifer Lang Financial Services Retirees facing the prospect of depleting their retirement savings to pay for long-term care, consider whether a Medicaid Compliant Annuity could help.

Digital Asset Direct by Jennifer Lang Financial Services, LLC

facebook icon linkedin icon twitter icon email icon Houston, Texas | April 06, 2021 10:05 AM Eastern Daylight Time


In the U.S., more than half of those who turn 65 will need long-term care in their lifetime.

A Medicaid Compliant Annuity is a single premium immediate annuity (SPIA) that contains zero cash value and provides income to the owner.

Properly structured, this annuity functions as a spend-down tool that eliminates excess countable assets, allowing the nursing home resident to become eligible for Medicaid benefits.

JenniferLangFinancialServices.com specializes in annuities and can provide guidance.




Contact Details

Jennifer Lang Financial Services, LLC.

Jennifer Lang

+1 877-487-8926


Company Website

project media

Jennifer Lang Financial Services, LLC Media Channels

facebook icon visit facebook linkedin icon visit linkedin twitter icon visit twitter youtube icon visit youtube

Tags

retirementlong-term careretirement planningfinancial planningfind a financial advisorfinancial adviceMedicareMedicaiddoes Medicare pay for long-term careMedicaid Compliant Annuitiesannuityannuity quotebuy an annuityhow to buy an annuityhow do annuities worklife insurance quotenursing home carehow to pay for nursing home care
News Direct Logo
Get the latest from News Direct
Contact Us Pricing About us Features News Hub Terms of Use Privacy Policy
newsdirect.com © 2021 News Direct Corp. All rights reserved. News Direct is a registered trademark.