Pension Protection Act Overlooked by Many Retirees. The Pension Protection Act allows annuity owners the ability to take income from their assets tax-free to pay for extended health care costs, not covered by Medicare.

Digital Asset Direct by Jennifer Lang Financial Services, LLC

Houston, Texas | July 06, 2021 10:05 AM Eastern Daylight Time

In 2010 the Pension Protection Act became law. The little known law allows annuity owners to convert taxable assets to tax-free income when the funds are used for qualifying LTC if the need for care arises. A one time premium can provide a tax-efficient way to help pay for LTC. And the issuing life insurance company may credit a higher interest rate to amounts withdrawn for qualifying LTC expenses. Learn more: https://www.annuityquoteadvisor.com

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Jennifer Lang Financial Services, LLC.

Jennifer Lang

+1 651-314-4812

mail@jenniferlangfinancialservices.com

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https://www.annuityquoteadvisor.com/