Annuity – LTC Combo Contracts

Providing for health care is a key part of retirement planning. For most Americans age 65 and over, the federal government\’s Medicare program, and its various components, provides most of the resources to take care of a typical retiree\’s health care needs.

One health care need that is only minimally covered by Medicare is that of long-term care (LTC). Not everyone will need LTC in retirement though. For those who do, one alternative to a stand-alone LTC insurance policy is a \”combination\” policy that links an annuity, typically a single-premium, deferred annuity, with a tax-qualified, long-term care benefit.

Learn more about Annuity-LTC Combination Contracts below.