December 31, 2019

We’ve previously discussed the income and asset limits required in order to qualify for Medical Assistance. The asset limit for an individual is $3,000.00 and $6,000.00 for a couple. Thus, many individuals and couples are tasked with reducing excess assets in order to qualify for Medical Assistance.

Assets can be reduced in four ways:

  1. Purchasing goods or services for the Medical Assistance applicant or their spouse;

  2. Mak...

December 18, 2019

The most significant change for many of our clients will be the removal of RMDs for IRA beneficiaries.

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