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Annuity Care (from State Life)
Single premium deferred annuity with long-term care benefits
Pension Protection Act Compliant - NQ distributions TAX FREE
under LTC rider.
With Annuity Care, a single-premium deferred annuity, clients can access cash value for qualifying LTC expenses with a higher credited interest rate for these funds. Annuity Care can offer an attractive alternative for LTC self-funders.
Annuity Care is a product uniquely positioned to take advantage of the Pension Protection Act, which allows certain tax advantages for annuities with long-term care provisions.
NOT APPROVED IN ALL STATES. PLEASE CHECK AVAILABILITY HERE.
in addition to Annuity Care Annuity, State Life has a full portfolio of Asset-Based LTC Solutions using Life Insurance and Annuity Products. Please call Paul for a full rundown and to see which products make the best sense for your client's particular needs.
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