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

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
﻿
mail@jenniferlangfinancialservices.com
﻿
Company Website
﻿
https://www.jenniferlangfinancialservices.com