Single premium immediate annuity (SPIA) products help shield money for one spouse when the the other has to enter a nursing home for care. According to Financial Advisor Magazine’s “Sales of Nursing Home Annuities Soar“, Maureen Nevin Duffy says that these annuities are right for …
Annuities can be very helpful for many people in retirement. One specific use for an immediate annuity would be for seniors who are entering long term care and have what the government deems too much money to qualify for Medicaid. On the NOLO Law for …
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