Hawaii
Protect your retirement income AND cover care costs
Dual protection • Tax-advantaged benefits • No medical exam
1,573 Hawaii retirees added LTC coverage to their annuities this year
Get guaranteed retirement income PLUS coverage for long-term care expenses in one product
Most LTC annuity riders require only health questions, no medical exams or invasive underwriting
LTC benefits paid tax-free under IRC Section 7702B, and annuity grows tax-deferred
Retirement income plus long-term care coverage in one solution
If you never need long-term care, the annuity provides guaranteed retirement income or wealth transfer to heirs.
If you need qualified long-term care, access 2-4x your account value tax-free to pay for care expenses.
Traditional LTC insurance premiums can increase. LTC annuities have guaranteed costs and your money isn't "lost" if you don't use care.
Most carriers accept individuals who couldn't qualify for traditional LTC insurance due to health conditions.
Examples for Hawaii residents - actual benefits depend on age and health
| Investment | Age | Annual Income | LTC Benefit Pool |
|---|---|---|---|
| $250,000 | 65 | $15,750/yr | $500,000 - $750,000 |
| $250,000 | 70 | $18,000/yr | $500,000 - $750,000 |
| $500,000 | 65 | $31,500/yr | $1,000,000 - $1,500,000 |
| $500,000 | 70 | $36,000/yr | $1,000,000 - $1,500,000 |
One solution for retirement income and long-term care costs