annuities

DHA Case No. MDV 197185 (Wis. Div. Hearings and Appeals Mar. 2, 2020) (DHS) ↓ Download the original decision The petitioner’s husband bought an annuity with a term beyond his life expectancy, which is usually a divestment. The ALJ agreed with the argument, however, that the annuity was bought without the intent to qualify for […] Read more

DHA Case No. MRA 135337 (Wis. Div. Hearings and Appeals Feb. 10, 2012) (DHS) ↓ Download the original decision This decision establishes that revocable annuities held in a community spouse’s IRA are not countable assets. In a spousal impoverishment case, the community spouse’s retirement accounts are generally not counted. But the Medicaid Eligibility Handbook also says […] Read more