Hide Assets in Annuity?

Okay, this may go down as the worst advice given in 2020! An emailer was told by his "advisor" that they should be "hiding" their assets inside an annuity so they'll be able to qualify for financial aid. Folks, sometimes you can't make it up.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.