COA volunteer explaining information to senior woman

Resources Search


Resources Search

Care Options and Resources

This section provides information, resources and contact information for people who need care – whether at home, in the community or in a nursing home. Most of the information in this section is aimed at helping you stay independent at home.

Health and Safety

As we age, there are things we can do for ourselves and our loved-ones to to protect our health and safety. Whether it’s finding a new physician or preparing for a disaster, resources in this section can help.

Housing

Whether you need help with a home repair, rental or utility assistance, or finding a home to suit your particular health needs, COA’s housing resources and information can help.

Work, Education and Leisure

Learn something, have some fun! Resources in this section will help you find the information you need, whether you want to take a class, find a park, find a job, volunteer, or travel the world.


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How to Print your Search Results

To Print a Single Resource – Click the “Print Resource” link within the resource listing to view a printer-friendly page. When the page opens, right-click within the page and select “Print”.
To Print Multiple Resources – First, select specific resources for your list by checking the “Add to List” box next to each resource. Or, to print all the resources shown on the page, check the “Add All To Print List” box. Next, click “Print List” to generate a printer-friendly PDF document. You can then print the document or save it to your computer.
NOTE: Remember to print your list before you leave this page. Checked items will be lost if you leave this page.

Annuities

An annuity is a series of income payments made to you at regular intervals in return for premiums you have paid. The most common use of income payments from an annuity is for retirement.

Income payments are generated through a contract with a life insurance company. These payments are funded by principal (the premiums you pay) and earnings (which accumulate on the invested principal).

An annuity has some advantages over other types of investment products.

  • Earnings on accumulated funds are tax-deferred.
  • The contract guarantees an income you can receive for life.
  • You can often choose a lump sum payment instead of periodic payments.
  • Your contract may allow you to borrow from the annuity.

An Annuity is not Life Insurance
Annuity contracts are usually sold by life insurance companies, but annuities are not life insurance. They do not provide life insurance protection.

The big difference:

  • Life insurance protects against dying too soon.
  • An annuity protects against living too long.

Life insurance provides benefits to your family if you die. An annuity helps you accumulate money for future income needs. Don`t buy an annuity as a savings account or for any short-term purpose. The most common use for income payments from an annuity contract is to fund retirement.


   1 resource found
Ohio Department of Insurance
50 W. Town Street
Columbus OH 43215

Description:

The mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers. The department publishes several consumer’s guides, including:

Shopper’s Guide to Long-term Care Insurance
Shopper’s Guide to Life Insurance
Empty Nester’s Guide to Auto Insurance
Shopper’s Guide to Annuities Insurance
Shopper’s Guide to Medicare Supplement Insurance, Medicare Options and Part D

 

 

 

 

Other Services Include:

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