Tag: Annuities

TennCare and Medicaid Annuties are treated in one of two ways: income or resource. In a previous blog post, RETIREMENT ACCOUNTS OF THE COMMUNITY SPOUSE, we explained how resources are either considered countable or exempt by TennCare/Medicaid. A TennCare/Medicaid applicant can transform an annuity or retirement account from a countable resource into an exempt one.  However, the process to do this is both time and rule sensitive.