New Hampshire uses the life expectancy tables published by the Office of the Actuary of the Social Security Administration, here.

ANNUITY RULES

Annuities shall be excluded from the resource computation only if all of the following are true:

1. The expected return on the annuity is commensurate with the life expectancy of the beneficiary;

a. The annuity is owned by an individual applying for medical assistance on or after November 1, 2003, and the State of New Hampshire is selected as the:

i. Contingent beneficiary in the event that the individual’s spouse, minor child, or permanently and totally disabled child, if any, predeceased the individual; or
ii. Secondary beneficiary if the individual has no spouse, minor child, or permanently and totally disabled child at the time the annuity is purchased; and

b. The annuity is owned by an individual applying for medical assistance on or after November 1, 2003, and the payment structure provides equal or nearly equal payments to the individual for the duration of the annuity

To learn more about New Hampshire, please visit their Department of Health and Human Services website.

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