Annuities Purchased Before February 8, 2006 510-05-70-45-20

(Revised 12/1/19 ML #3569)

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1. Any payment received from the annuity is income.

2. Annuities are not considered disqualifying transfers.

3. Annuities are not a countable asset unless the individual is able to liquidate the annuity, or the annuity is revocable.