Medicaid
For many individuals, retirement savings are their largest asset. And when facing nursing home care, the rules about Medicaid and IRAs can be very confusing. So, how do IRAs (and pensions, 401(k)s, 403(b)s, etc.) affect Medicaid eligibility? Will a large IRA disqualify a nursing home resident for Medicaid? For those who are receiving payments from…
Read More Many have heard of the Medicaid Look Back, but few fully understand this aspect of Medicaid. When someone applies for Medicaid, they are asked about any gifts or transfers of assets for the 5 years (or 6o months) prior to applying for Medicaid. This is the government’s way of deterring people from purposefully impoverishing themselves…
Read More Learn about some of the most common health procedures and wellness items that health insurance doesn’t cover.
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