Medicaid Annuities Help Protect Savings
From the Kiplinger Magazine website
Picture this: Your spouse has made a permanent move to a nursing home. You don’t have long-term-care insurance, Medicare won’t cover the cost, and you have too much money to qualify for Medicaid—but not nearly enough to afford the nursing-home bills. The monthly tab—easily $5,000 to $8,000 for a semi-private room—is rapidly depleting your nest egg. Now what?
Retiree News 
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