Can a Tax-Deferred Annuity be Converted into a Medicaid-Compliant Annuity?
Yes, a tax-deferred annuity can easily be converted into a Medicaid Compliant Annuity. If the current carrier does not provide a Medicaid Compliant Annuity, the tax-deferred annuity can be "transferred" to the desired carrier by way of a 1035 exchange.…