Your IRA Isn't Protected from Medicaid: The Texas Payout-Status Rule That Changes Everything
Harold Chen had done everything right. Thirty-one years at Texas Instruments, a paid-off Plano home, and a $410,000 IRA he thought of as untouchable retirement savings. When he needed long-term nursing care, his wife Dorothy called Medicaid — and learned that the IRA was fully countable. What she didn't know yet was that a single decision Harold hadn't made could have changed the outcome entirely.
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