Tax Relief for Long Term Care
SMART MONEY Tip #1 FOR LONG TERM CARE PLANNING
Use your Non-Qualified Annuity to pay for your Long Term Care policy and pay NO INCOME TAXES ON THE GAIN! If you have a non-qualified annuity not being used for income you can 1035 exchange these assets into a Pension Protection Act Compliant Annuity.
(Pension Protection Act is the legislation that allows tax free distributions for LTC).
Questions? Contact Del Hirdes 616-240-1182 firstname.lastname@example.org
The Southwick Group LLC.