What You'll Learn
If you’ve ever had a client enter a nursing home, you know how difficult navigating the long-term care maze can be. For those clients who did not purchase Long-Term Care Insurance, they may be able to turn to crisis Medicaid planning to gain some financial relief. However, clients…
If you’ve ever had a client enter a nursing home, you know how difficult navigating the long-term care maze can be. For those clients who did not purchase Long-Term Care Insurance, they may be able to turn to crisis Medicaid planning to gain some financial relief. However, clients with retirement accounts pose an additional challenge.
Hear from Medicaid planning expert Dale Krause, J.D. how to handle these accounts using a Medicaid Compliant Annuity—a specialized SPIA product designed to accelerate your client’s eligibility for Medicaid benefits. In this webinar, you’ll learn:
- How the Medicaid program works to help clients pay for long-term care
- What a Medicaid Compliant Annuity is and its provisions
- How an IRA can be transferred to a Medicaid Compliant Annuity while avoiding immediate tax consequences
- Planning strategies using the Medicaid Compliant Annuity
*CE/CPE Eligible: 1 CE credit is available to subscribers with these designations: CFP, CLU, ChFC and RICP. CPA subscribers will earn 1 CPE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.