Use a 1035 Exchange of Annuity Money to Pay LTC Premiums

The Pension Protection Act (PPA) brings new opportunities to talk to customers about adding long term care planning to their retirement strategy. It allows non-qualified annuity owners, in many instances, to use their annuity to pay for long term care insurance premiums tax-free.

Continue reading to learn about some common examples of a partial 1035 exchange to fund a Long Term Care insurance policy.

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