An annuity can fund a special needs trust (SNT) for a child or family member with disabilities. The annuity provides a guaranteed income stream to the SNT, providing funds for the beneficiary's care without disqualifying them from government benefits.
Key Points
- Annuity funds a special needs trust (SNT)
- Guaranteed income stream: to the SNT
- SNT provides funds for care without disqualifying from government benefits
- Government benefits: Medicaid, SSI, and other programs
- An independent agent can help you find annuities for a special needs trust