Living Benefit payments may affect eligibility for or the amount of certain state or federal government benefits such as Medicaid or Supplemental Security Income. These riders are not intended to be a substitute for long term care insurance, health insurance, or nursing home insurance. Refer to the policy benefit rider for more details.
Normally, investment earnings such as interest, dividends and capital gains create taxable events that can slow down your investment growth. But the American Savings Life annuities receive favorable tax treatment...