Is an IRA considered an exempt asset for Medicaid Spend Down calculation?
I have seen several conflicting points of view regarding the nature of the IRA in the calculation for the Medicaid Spend Down. Can someone please let me know, with certainty, if it is considered an exempt asset or not? Thank you!
Permalink Submitted by Alan - IRA critic on Fri, 2019-03-01 16:13
Generally it is countable, however since Medicaid is a joint federal-state program there could be exceptions in certain states. Best to research this in the state of the beneficiary’s residence.