deferred annuities for seniors
June 25th, 2010 by admin
Do annuities disqualify Medicare applications?
Will the assets of tax deferred annuities affact a senior citizen’s application for Medicare, Mediaid and MediGap in California
It won’t affect Medicare, but it will affect Medicaid and Medi-Gap. Medicaid is a welfare program for those without assets. If you have assets, you should be using them to pay for your own care, and not expecting others to pay for your care.
