Annuities Purchased Before February 8, 2006 510-05-70-45-20
(Revised 12/1/19 ML #3569)
- Any payment received from the annuity is income.
- Annuities are not considered disqualifying transfers.
- Annuities are not a countable asset unless the individual is able to liquidate the annuity, or the annuity is revocable.
