Amber Hinds
Types of Assets that Can Be Used to Purchase a Medicaid Compliant Annuity
People often ask what type of assets/account can be used to purchase a Medicaid Compliant Annuity (MCA)? The simple answer is ANY! If...
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AshBer | Professional Insurance Solution Services
Amber Hinds
SECURE Act
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. Most...
Amber Hinds
Options Available to MCA Beneficiaries when The Annuitant Passes
When people hear the word “annuity”, many thoughts may come to mind. Many people think that a Medicaid Compliant Annuity (MCA) doesn’t...
Amber Hinds
Meet the President, Amber (Gouin) Hinds
A native of Green Bay, Wisconsin, Amber grew up believing that family is the foundation for creativity and learned that this bond offers...
Amber Hinds
Funding a Medicaid Compliant Annuity with IRA/Tax-Qualified Funds
Did you know your clients may use IRA/pre-tax/retirement assets to fund a Medicaid Compliant Annuity (MCA)? If you reside in a state...
Amber Hinds
Did You Know we do Monthly Webinars? Sign up, Now!
At AshBer, we’re always looking for opportunities to share our knowledge of the annuity solutions and wider financial services industries...
Amber Hinds
2020 Medicaid Spousal Impoverishment Rates Released
At the start of a new year and a new decade it’s a good idea to ruminate on the recently released Medicaid Spousal Impoverishment Rates...
Amber Hinds
Why an insurance company's financial rating should matter to you and your clients?
When browsing the market for companies that offer Medicaid Compliant Annuities, you’ll find that there aren’t that many insurance...
Amber Hinds
Gifting/Annuity Planning: What does “Otherwise Eligible for Medicaid” Mean?
When implementing a Gifting/Annuity Plan for a client (refer to Option 3 in this blog to learn more about Gifting Plans), clients often...
Amber Hinds
Medicaid Planning for Married Couples: What is the Community Spouse Resource Allowance (CSRA)?
For married couples, when one spouse is applying for benefits, there are spousal impoverishment rules in place to prevent the...
Amber Hinds
Medicaid Planning for Married Couples: What is the Monthly Maintenance (MMNA) Needs Allowance?
For married couples, when one spouse is applying for benefits, there are spousal impoverishment rules in place to prevent the...
Amber Hinds
What is an Annuity “Free Look” Period and Why Does it Matter for Medicaid Planning?
A free look period often lasts between 10 and 30 days (depending on the insurance company), and allows the annuity contract holder to...
Amber Hinds
CRISIS MEDICAID PLANNING FOR A Single Person (no spouse) in a Nursing Home
Case Facts: Evelyn recently entered a nursing home charging $6,500 per month for her care. She is 83 years of age, has countable...
Amber Hinds
CRISIS MEDICAID PLANNING FOR A Married Couple
—One spouse in a Nursing Home and One Spouse Remains in the Community— Case Facts: Robert recently entered a nursing home charging $7,000...
Amber Hinds
Tax-Qualified or Non-Qualified.. What does that mean exactly?
Tax-Qualified annuities are used in connection with tax-advantaged retirement plans, such as defined benefit pension plans, Section...
Amber Hinds
Ways to Pay for Long-Term Care
1. Private Pay (Self-Insure): Self-insuring is essentially saving up enough money to pay for out-of-pocket care. 2. Long-Term Care...
Amber Hinds
Long-Term Care Planning – Proactive Planning Vs. Crisis Planning
When it comes to paying for long-term care, clients have two options – Impoverishment (qualifying for government assistance such as...
Amber Hinds
What is a Medicaid Compliant Annuity?
The Deficit Reduction Act of 2005 (DRA) was signed into law on February 8, 2006. The DRA was the most recent federal legislation...
Amber Hinds
Medicaid Compliant Annuity Planning with Qualified/IRA Accounts
Funding a Medicaid Compliant Annuity (MCA) with a tax-qualified or IRA account can help your clients minimize tax consequences by...
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