Purchased an Annuity in Accordance with [130 CMR 520.007(c)(4)] (A) Amount of Annuity: is $200,000 as the individual is permitted to keep $2,000 = [202.00 - 2,000] (B) Term of Annuity: A term certain not to exceed the individuals life expectancy pursuant to 130 CMR 520.007 (C)(4)(b) (C) Irrevocable: the annuity must be irrevocable.
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