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 pinterest 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. specializes in annuities and can provide guidance.

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Jennifer Lang Financial Services, LLC.

Jennifer Lang

+1 877-487-8926

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