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How IRA Savings Can Fund Long-Term Care Insurance
In some instances, transferring IRA savings into a tax qualified annuity and then using the annuity to purchase life insurance with a long-term care rider can be done without triggering early withdraw fees. So reports ElderLawAnswers.
In a similar manner, certain investors may be able to use IRA assets to fund a health savings account with a long-term care feature.
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