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-Elder couple with a handicap spouse that's not receiving SS Disability

-Has a dependent child

-All have been receiving Medicaid

-But the other spouse still has 401K.

Can they still use the 401K to purchase a very small home it could be exempted as an asset?

https://www.dhcs.ca.gov/formsandpubs/forms/Forms/MC%20Information%20Notices/MC007ENG(0414).pdf.pdf)

Since they're already receiving Medicaid, will they be required to payback all of the 401K and not able to convert it as an exempted asset?

Is there an organization that can help them figure this out?

How can the elderly determine if an organization is attempting to scam them in any way?



Submitted July 11, 2019 at 11:24PM by create1r https://ift.tt/2JwlhiZ

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